Auto stocks: all eyes on May sales figures

Shares of automobile companies such as Tata Motors, Maruti Suzuki, M&M, Ashok Leyland and Escorts besides two- and three-wheeler companies Bajaj Auto, Hero MotoCorp and TVS Motor will remain in focus on Monday, as these companies will declare their sales numbers for May this weekend. Most analysts expect only muted growth from the commercial vehicles segment, as the economy is yet to show signs of a major revival. Positive surprise in numbers could trigger buying.