Tata Motors and Essar Steel among top 10 stock market in focus today

Stock markets may see a gap-down opening in trade on Monday, tracking Nifty futures, which are trading fairly lower in the morning trade owing to PM Modi led gov facing a crushing defeat in Bihar elections on Sunday.

At 8:22 am, SGX Nifty, the Nifty future's being trade on Singapore Stock Exchange, was quoting 7,832.50, down 143.50, or 1.83 per cent. Global brokerage firm Barclays said on Sunday the Bihar election verdict could lead to "weakness" in the stock market.

"We feel that Bihar result - the BJP's big defeat - could be a material sentiment dampener in Monday early trade as this might be perceived as an additional stumbling block to the central government's reform agenda," Barclays said in a research note.

Here are top 10 stocks which are likely:

Tata Groups:

Tata motor: After many quarters of solid profit, auto major tata motors reported a net loss of Rs 430 crore for the September quarter against a Rs 3,290.8 crore of net year-ago, on account of the blasts at godown at Tianjin Port in China where its lost over 2,000 luxury JLR cars.

Tata Steel: Forced to go for more restructuring of its UK business due to a "challenging marketplace",steel will sell its Long Products Europe business by the end of the current financial year.

UBI: UBI reported a 41.23 per cent rise in net profit for the second quarter of this fiscal at Rs 61.86 crore, compared to Rs 43.80 crore in the corresponding period last year.

Godrej Properties: cut its net debt by 25 per cent to nearly Rs 2,200 crore during the quarter ended September, helped by a big-ticket deal where it sold large office space in Mumbai for Rs 1,479 crore.

Essar Steel: As it tries to brace itself against the major headwinds faced by the sector, Ruias-promoted Essar said it is looking for buyers to raise fresh capital to fund capital expenditure and pare some of the debt.

NTPC: Country largest power producer NTPC expect to commission the first 800mw unit of its 4,000MW Kudgi super thermal power project in Karnataka in the current fiscal.

Britannia Industries: beitannia reported a 19.16 per cent decline in its consolidated net profit at Rs 218.63 crore for the second quarter ended September 30, 2015 on account of phasing out of excise duty benefits.

Sun Pharma: Drug major pharma reported a 46.02 per cent dip in its consolidated net profit to Rs 1,106.66 crore for the quarter ended September 30, 2015 due to lower sales growth, volatile currency movements and supply constraints.

Aurobindo Pharma:The aurobindo on Friday reported a 21.4 per cent rise in consolidated net profit at Rs 451.76 crore for the fiscal second quarter that ended on September 30, 2015.

Hathway Cable: The hathway on Friday reported widening of standalone loss at Rs 48.9 crore for fiscal second quarter that ended on September 30, 2015.