Stocks to Watch: BPCL, Maruti Suzuki, Kotak Mahindra Bank and More

The Nifty Futures on the Singapore Exchange, an early indicator of Nifty performance in India, declined 0.2 percent to 8,798.

U.S. stocks erased their monthly gain Tuesday, amid thin trading volume as Apple Inc. slumped ahead of Friday’s jobs report

Asian shares eased this morning, but were still on track for a monthly rise as investors waited to see if upcoming job data could prod the Federal Reserve into raising interest rates as soon as September.

Yesterday, Indian shares recorded their best gains since July 11 as the S&P BSE Sensex and the NSE Nifty rose to their April 2015 highs. Barring the S&P BSE Telecom index, all other 18 sectoral gauges advanced on the exchange.

Here are all the stocks to watch today

• Tata Consultancy, Infosys, Wipro: U.S. says will look into India’s concerns about visa fees
• Kotak Mahindra Bank: Canada Pension allowed to acquire 5-10 percent in bank
  
• SAIL: Held talks with ArcelorMittal on proposed joint venture
  
• UltraTech Cement: Foreign institutional investors (FIIs) can invest up to 30 percent in company
• Bajaj Hindusthan, Balrampur Chini, Shree Renuka, Dalmia Bharat: Global sugar deficit seen at 7 million tonne in 2016-17, ISO says
• Bharat Heavy Electricals: Signs accord with government of India
• Bharat Petroleum: Group to invest Rs 1 lakh crore in 5 years to expand: Annual Report
• IIFL Holdings: Housing finance unit rating raised ‘AA’ from ‘AA-’ at Crisil
• Jain Irrigation: Clarifies to say scrapping of projects by Maharashtra doesn’t affect company
• JM Financial: To consider raising up to Rs 16.7 crore via debentures
• RBL Bank: To debut today
• Reliance Industries: Expect global oil demand to grow by 1.4m b/d in 2016
• Steel Authority of India: Holds talks with ArcelorMittal on proposed India automotive joint venture
  
• Reliance Industries: Reliance Jio in tie-up with Videocon (Reuters)
• TCS developed solution for GE’s operating system
• Tata Steel: Thyssenkrupp-Tata venture talks said focused on U.K. unit value
• VKJ Infradevelopers: Approves sub-division of equity shares
  

Media Reports

• Phoenix Mills: In talks with several PE companies to divest a minority stake in a clutch of projects housed in an special purpose vehicle (Financial Express)
  
• West Life Development: McDonald’s to pursue arbitration in joint venture case (Financial Express)
  
• Reliance Communications: To offer 300 minutes of 4G calling Re 1 (Financial Express)
  
• Aditya Birla Nuvo, Grasim Industries: Mutual funds, with holdings in the company, to take a stand on merger (Business Standard)
• IDBI Bank: Raises Rs 1,500 crore through AT-I bonds. Reliance Industries Limited: May disclose RJio future plans tomorrow (Economic Times)
• Ujjivan Financial Services: To sell shares worth Rs 230 crore to new investors to bring down the foreign holding 49 percent (Economic Times)
  
• Maruti: May advance second phase of capacity expansion at Gujarat plant (Financial Express)
  
• DLF: Promoters expect to ink Rs 12,000 crore stake sale deal by October (Financial Express)
  
• Bajaj Finance: Seeks shareholders nod for stock split, bonus issue (Financial Express)

Earnings to Watch

• Bharat Petroleum Corporation
  
• Aditya Birla Fashion and Retail
  
• Ansal Properties & Infrastructure
  
• Hathway Cable & Datacom
  
• GVK Power & Infrastructure
  
• Kanoria Chemicals & Industries
  
• Power Mech Projects
  
• Sadbhav Engineering
  
• Sadbhav Infrastructure Project
  
• United Breweries (Holdings)
  

Earnings Reaction to Watch

• Cox & Kings: Q1 profit Rs 90.66 crore versus Rs 84.82 crore