Stocks to watch: RIL, Central Bank, Hero Honda

RIL (Reliance Industries) may be in focus this morning on Economic Times report that SEBI Securities and Exchange Board of India has send a notice to RIL for not making public announcement when promoters raised stake by over 5% in 2000.

Central Bank will be closely watched this morning after board okayed the rights issue.

Hero Honda will continue to be on radar after Hero group agreed to buy out 26% of Hero Honda Motors for $851 million or Rs 3,824 crore which is half the current market value of Rs 7882 crore.