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Stocks to watch: M&M, IDBI Bank, Dhanlaxmi Bank, Adani Green, RBL Bank

Stocks to watch today: Dhanlaxmi bank saw no outcome or resolution in their EGM meeting; Media stocks are expected to hog limelight ahead of day 2 of IPL's media rights auction.

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Lovisha Darad New Delhi
Stocks to watch today: The Indian equity markets are likely to see a big gap-down opening on Monday, June 13, after US inflation surged to a new 40-year high of 8.6 per cent in May, adding pressure on the US Federal Reserve to unleash further rate hikes. As of 7:15 AM, the SGX Nifty Futures quoted 15,887 levels, signaling a cut of over 300-odd points on the Nifty50. 
 
Meanwhile, here is a list of stocks that are likely to see some action in trade on Monday:
 
Defence stocks: The Indian Air Force plans to acquire 114 fighter jets of which