Sensex plunged by 1,006 points while Nifty fell below 8,000 level in early trade on Monday following heavy selling by funds amid global sell-off as worries about China’s economy deepen.

Asian markets were also in deep red with Shanghai shares crashing 8 per cent on concerns that the Chinese economy was slowing more than previously though

Below are the stocks that are likely to be in focus today

IOC: The stocks of Indian Oil Corporation (IOC) will be in focus as the government will sell 10 per cent stake in the nation’s biggest oil firm on Monday via an offer for sale (OFS) that can fetch about Rs 9,500 crore to the exchequer. The floor price has been set at Rs 387 per share — 1.9% below Friday’s closing price of Rs 394.45.

Aurobindo Pharma: The company’s stock will be in focus as it is targeting a revenue of over $3 billion (over Rs 19,800 crore) by 2017-18 and plans to expand its basket with drugs to treat cancer and hormonal diseases, as also various nutraceuticals and over-the-counter (OTC) products.

GAIL: The state-run gas company’s stocks will be in focus as it has begun talks with Iran to revive a decade-old $22 billion LNG supply contract, the cheapest deal ever struck by an Indian firm.

ONGC: ONGC Videsh Ltd (OVL) is among over a dozen international oil companies shortlisted to bid for Mexico’s second round of bidding for offshore oil exploration blocks. OVL, the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), will compete with global majors Chevron, Shell, Statoil of Norway, China National Offshore Oil Corporation and Russia’s Lukoil, among others for five shallow-water production-sharing contracts covering nine Gulf of Mexico fields.

Air India: The stocks of Air India will be in focus as it has started availing loans worth $300 million via external borrowing window and has taken at least $40 million so far. The debt-laden national carrier would borrow $300 million in eight tranches in the current financial year ending March 31, 2016.

Yes Bank: The private sector lender’s stocks will take a call in the second half of the current fiscal on its plans for $1 billion (about Rs 6,500 crore) share sale, its chief Rana Kapoor said.

Punjab National Bank (PNB): The stocks of state lender will be in focus after it said on August 22 that the bank’s board of directors has approved holding of Extraordinary General Meeting (EGM) of shareholders of the bank on September 28, for the purpose of seeking approval for issuance of equity shares of face value of Rs 2 each aggregating upto an amount of Rs 1732 crore on preferential allotment basis to the Government of India (GoI), subject to necessary approvals.

Steel Authority of India (SAIL): The stocks of the company will be in focus after the Minister for Steel & Mines Narendra Singh Tomar on August 21 announced that the Government of India intends to revive Visvesvaraya Iron & Steel (VISL) by modernisation and expansion of its facilities with an investment of Rs 1000 crore. However, this investment will be subject to recommendations of the consultant and approval by the board of directors of Sail.