The GIFT Nifty futures were trading in the red before the market’s opening on Tuesday. Indices are expected to open on a similar flat-to-negative note. 

Domestic equity indices, NSE Nifty 50 and S&P BSE Sensex settled higher on Monday amid strong buying interest in heavyweight Reliance Industries. Nifty added 93.65 points or 0.49% to end at 19,140.90, while Sensex soared 0.52% or nearly 330 points to close at 64,112.65.

Here are some stocks to watch on October 31.

Marico: The FMCG company reported a 17.3% increase in its consolidated net profit at Rs 360 crore in Q2FY24, compared to Rs 307 crore during the second quarter of FY23. However, the revenue from operations of the company stayed almost flat at Rs 2,476 crore from Rs 2,496 crore during the second quarter of FY23. 

DLF: The realty major’s net profit climbed 30.6% YoY to Rs 622.8 crore, and its revenue rose 3.5% to Rs 1,347.7 crore during the July-September quarter of the current fiscal year from the corresponding quarter last year.

Blue Star: The consumer durables company posted a 19.5% year-on-year (YoY) increase in revenue from operations to Rs 1890.40 crores in the quarter under review. Blue Star’s consolidated net profit grew 66% YoY to Rs 70.67 crore during the same period. 

TVS Motor Company: The 2-wheeler company posted a marginal rise in consolidated net profit at Rs 386.34 crore during the second quarter of FY24, against Rs 386.31 crore during the corresponding period of 2022. However, the overall sales of the company increased 13% YoY to Rs 8,145 crore in the July to September period of FY24. 

Tata Motors: The auto major has won an arbitral award of Rs 765.78 crore plus interest as compensation in lieu of the losses incurred due to the protest by Trinamool Congress that suspended the company’s small car project at Singur, West Bengal.

Companies announcing their Quarterly Results today: Adani Total Gas, Aether Industries, Ajanta Pharma, Amara Raja Batteries, Bharti Airtel, Birlasoft, Care Ratings, CE Info Systems, DCB Bank, Dhampur Sugar, GAIL (India), Go Fashion, Indian Oil Corporation (IOC), Jindal Steel and Power, JSW Holdings, Larsen & Toubro (L&T), Mankind Pharma, Max Financial and Tata Consumer Products among others.