Grasim has doubled the capital expenditure for its foray into the paints business to Rs 10,000 crore.
SpiceJet, Berger Paints and BPCL look weak on charts, while ONGC could gain another 4-8%.
Oil prices climbed towards their highest levels in more than seven years on Monday on fears that a possible invasion of Ukraine by Russia could trigger sanctions (on the latter) from US and Europe
Stocks like HOEC, HPCL, ONGC and Pidilite can rally up to 10 per cent in the near term.