Stocks to watch: Srei Infra, ICICI Lombard, HFCL, Rail Vikas, Paras Defence

Realty firm Macrotech Developers on Monday said properties worth Rs 1,100 crore were sold last month in one of its projects in London and it expects to sell all inventories before 2023-24 fiscal year

Nifty futures on SGX were down 108 points at 17,602 around 8.40 am, indicating a gap-down start for the benchmark indices on Tuesday.

Here are the top stocks to track in today's session:

Srei Infra Finance: The Reserve Bank of India (RBI) on Monday superseded the boards of Srei Infrastructure Finance and Srei Equipment Finance, which will be taken for insolvency proceedings owing to governance concern and payment defaults by them. This is the second instance of the RBI superseding a finance firm’s board. READ MORE

ICICI Lombard General Insurance: French insurance firm Axa S.A., to sell