Indian equity benchmarks ended lower for the second day on Monday. The S&P BSE Sensex Index closed 0.41 percent lower at 36,395.03 and the NSE Nifty 50 Index ended below 10,900, down 0.5 percent.

The market breadth was tilted in favour of sellers. About 1,232 stocks fell and 528 shares advanced on National Stock Exchange.

Here are the stocks to watch in Tuesday’s trade:

• Axis Bank: Specified Undertaking of Unit Trust of India (SUUTI) plans to sell 1.98 percent stake on Feb.12, with an option to sell additional 1.02 percent stake in the Bank. Floor price of the offer is set at Rs 689.52 per share, with total aggregate consideration of Rs 3500 crore. Offer to open for retail investors on February 13.
• Bank of America is said to have bid for part of SBI’s $2.2 billion loans to Essar.
• Dr Reddy’s Laboratories: Indivior loses bid to stay mandate in the company’s Suboxone Case. The Appeals court has denied Indivior’s request that would have further delayed Dr. Reddy’s from selling a generic version of Suboxone Film. Previously, U.S. Court of Appeals had overturned order that blocked Dr. Reddy’s from selling copy of opioid addiction treatment. The mandate sending case to trial court to dissolve order goes into effect from Feb. 11
• Max Financial Services: Group says that Analjit Singh will become Chairman of Max India and Max Life with effect from April 1. As per the transition plan, Rahul Khosla will become Group Advisor from his current post of Group President. The company says Rahul Khosla will demit his role as Chairman of Max Healthcare once regulatory approvals for the transaction with KKR-Radiant are received. This position will then be filled by KKR Radiant.
• Persistent Systems appoints Christopher O’ Conner as CEO Designate. The company says he will join the company via U.S. arm with effect from Feb. 25.
• Tata Steel BSL: Board approves issuing Non-Convertible Preference Shares up to Rs 12,000 crore to Tata Steel and/or issue Optionally Convertible Preference Shares up to Rs 12,000 crore.
• KNR Constructions to sell entire shareholding in its SPV with Cube Highways and Infra for Rs 34.46 crores
• Alembic Pharma’s JV (with Orbicular) receives 2 observations from US FDA inspection at its Gujarat’s formulation manufacturing facility.
• Indian Overseas Bank: RBI levies penalty of Rs 1.5 crore on the bank due to non-monitoring of end use of funds and delay in reporting of fraud in respect of one of its borrowers.
• IFCI increases benchmark rates for short term loans by 10 basis points to 9.3 percent. Benchmark rates for long term loans remains unchanged at 10.75 percent.
• Arshiya’s two arms to acquire warehouses in Uttar Pradesh for Rs 118 crore.
• JK Tyres: Board to consider issuing preference share issue to promoter group on February 14.
• Edelweiss Financial Services: Allianz Management to invest $200 million in the company’s Private Debt Platform.
• Max Ventures & Industries’ arm Max Learning to be restructured as to serve as a real estate service vertical of the company.
• Gulf Oil Lubricants announces association with Mahindra Logistics for supply chain solutions

Bulk Deals

• Reliance Infra: Regime De Retraite D Hydro-Quebec sold 13.4 lakh shares (0.52 percent) at Rs 118.34 each
• Bliss GVS Pharma: Polus Global Fund sold 42 lakh shares (4.07 percent) at Rs 145.01 each

Trading Tweaks

• Ajanta Pharma record-date for share buyback
• Religare Enterprises, Vipul, Binani Industries, Reliance Home Finance, Reliance Naval & Engineering, Leel Electricals to move into short term ASM Framework.
• IG Petrochemicals price band revised to 10 percent

Who’s Meeting Whom

• Hero MotoCorp to meet Wellington Management and Nippon Life Insurance (Singapore) from Feb. 12-15
• Symphony to meet Janus Henderson Investors and Mondrian Investment Partners from Feb. 22-25
• Endurance Technologies to meet Nomura on Feb. 13
• KEC International to meet Edelweiss Securities and IIFL Securities from Feb. 13-15
• Eicher Motors to meet Wellington Management, Ward Ferry Management and other investors from Feb. 12-13
• Ramco Cements to meet Abu Dhabi Investment Authority, Burgundy AMC and other investors from Feb. 12-15
• TCI Express to meet Aditya Birla Sun Life AMC, IIFL and other investors on Feb. 13

Insider Trading

• Bajaj Finance promoter group Bajaj Allianz Life Insurance acquired 1lk shares on Feb. 6
• Sequent Scientific Promoter Sajitha Pillai acquired 35,800 shares from Oct. 9-10 (2018)
• DCM Shriram Industries promoter groups acquired 17,000 shares on Feb. 8

Active Stock Futures

• Nifty February futures closed trading at 10909, premium of 21 points
• Max open interest for February series at 11,100 Call (open interest at 9.7 lakh shares)
• Max open interest for February series at 10,800 Put (open interest at 6.3 lakh shares)

Stocks In Ban

• In ban: Adani Enterprises, IDBI, DHFL, Jet Airways, Reliance Infra, Reliance Power
• Out of ban: Reliance Capital

Results Announced

HAL (Q3, YoY)

• Revenue up 3.4 percent at Rs 4,425.3 crore
• Net profit down 17 percent at Rs 455.2 crore
• Ebitda up 9.5 percent at Rs 890.4 crore
• Margin at 20.1 percent versus 19 percent

Astral Poly Technik (Q3, YoY)

• Revenue up 23.7 percent at Rs 633.7 crore
• Net profit up 13.8 percent at Rs 52.7 crore
• Ebitda up 27.3 percent at Rs 93.7 crore
• Margin at 14.8 percent versus 14.4 percent

JBM Auto (Q3, YoY)

• Revenue up 8.5 percent at Rs 429.9 crore
• Net profit up 19.2 percent at Rs 18 crore
• Ebitda up 5.6 percent at Rs 70.2 crore
• Margin at 16.3 percent versus 16.8 percent

PI Industries (Q3, YoY)

• Revenue up 31.6 percent at Rs 707.5 crore
• Net profit up 33.1 percent at Rs 107.3 crore
• Ebitda up 41.9 percent at Rs 148.6 crore
• Margin at 21 percent versus 19.5 percent

Triveni Turbine (Q3, YoY)

• Revenue up 27.6 percent at Rs 211.3 crore
• Net profit up 17.5 percent at Rs 22.8 crore
• Ebitda up 7.8 percent at Rs 35.8 crore
• Margin at 16.9 percent versus 20 percent

Corporation Bank (Q3, YoY)

• Net Interest Income up 3.1 percent at Rs 1303 crore
• Net profit at Rs 60.5 crore versus net Loss at Rs 1240.5 crore
• Provisions at Rs 842.3 crore (QoQ)
• GNPA at 17.36 percent versus 17.46 percent (QoQ)
• NNPA at 11.47 percent versus 11.65 percent (QoQ)

Gujarat Narmada Valley Fertilizers and Chemicals (Q3, YoY)

• Revenue down 23.4 percent at Rs 1219.2 crore
• Net profit down 27.3 percent at Rs 165.7 crore
• Ebitda down 81.3 percent at Rs 80 crore
• Margin at 6.6 percent versus 26.9 percent

Andhra Bank (Q3, YoY)

• Net Interest Income up 1.6 percent at Rs 1698.3 crore
• Net loss at Rs 578.6 crore versus net loss at Rs 532 crore
• Provisions at Rs 1790.2 crore (QoQ)
• GNPA at 16.68 percent versus 16.36 percent (QoQ)
• NNPA at 6.99 percent versus 7.49 percent (QoQ)

Nifty Results Today

• Coal India
• Hindalco Industries
• Sun Pharmaceutical

Other Results

• HEG
• HeidelbergCement
• JK Paper
• Linc Pen & Plastics
• Lux Industries
• Man Industries
• Manali Petrochemicals
• Manpasand Beverages
• Matrimony.com
• MIRC Electronics
• Mishtann Foods
• Mukand
• Natco Pharma
• NCC
• NLC India
• Oil India
• Olectra Greentech
• Prestige Estates Projects
• Punjab & Sind Bank
• Redington
• Religare Enterprises
• RITES
• Sadbhav Infrastructure Project
• Shakti Pumps
• Som Distilleries & Breweries
• Transport Corporation of India
• Waterbase
• ADF Foods
• Aksh Optifibre
• Amrutanjan Health Care
• Asahi India Glass
• Asian Granito India
• Automotive Axles
• Balaji Telefilms
• Bata India
• Bharat Road Network
• Birla Cable
• CG Power and Industrial Solutions
• CIL Nova Petrochemicals
• Container Corporation of India
• CRISIL
• Dhanuka Agritech
• Dollar Industries
• GE Power India
• Goodricke Group
• GTPL Hathway
• Gujarat State Financial Corporation
• Hind Rectifiers
• Hotel Leela Venture
• Indian Hotels
• IOL Chemicals and Pharmaceuticals
• J.Kumar Infraprojects
• Jain Irrigation Systems
• JHS Svendgaard Laboratories
• Karur Vysya Bank
• Kesoram Industries
• Pennar Industries
• Vadilal Industries