Nifty futures on Singapore Exchanges (SGX) were trading nearly 0.4% lower, indicating a flat to low performance of the domestic indices on Tuesday.  

In the previous trading session, domestic indices opened higher but later consolidated and lost the gains. NSE Nifty fell 70.55 points or 0.37% and closed at 18,755.45. BSE S&P Sensex dropped by 0.34% or 216 points to close at 63,168.30. 

Corporate Actions: Shares of Newgen Software Technologies, Cera Sanitaryware, Bank of India and CEAT, among others, will turn ex-dividend on Tuesday. Blue Star shares will turn ex-bonus today in the ratio of 1:1.

Here are some stocks that might be under market participants’ watch today. 

IIFL Securities: The Securities and Exchange Board of India (SEBI) conducted multiple inspections of the books of account of IIFL from April 2011 to January 2017 and has barred the brokerage house from onboarding new clients for two years for misutilisation of client funds.

Coal India: The Government of India plans to sell up to 92.44 lakh shares or 0.15% stake in Coal India to its employees via an offer-for-sale (OFS) at Rs 226.10 a share. The employee OFS shall remain open from June 21 to June 23.

Tata Power: Tata Power Chairman Natarajan Chandrasekaran said in the 104th AGM on Monday that the company is planning to double its capital expenditure in the current fiscal to Rs 12,000 crore, focusing on renewables, distribution, transmission and solar equipment manufacturing capacity. 

HDFC Asset Management Company: Aberdeen Investment Management, a UK-based investment firm, will sell its complete 10.2% stake in HDFC AMC via block deals with the lower end of the price range likely set at Rs 1,800, a nearly 5% discount from the previous closing price. 

HDFC: A consortium of Baring Private Equity Azia and ChrysCapital has signed an agreement with HDFC to acquire more than 90% of the bank’s stake in its education loan arm, HDFC Credila, for Rs 9,060 crore, valuing the firm at Rs 10,066 crore. Credila will receive additional fresh capital of Rs 2,003.61 crore as a part of the proposed transaction. 

Sun Pharma: Sun Pharma Canada Inc., a wholly-owned subsidiary of the pharma giant, announced that it had received approval from Health Canada for WINLEVI (Clascoterone cream 1%), used to treat acne in 12 years or older. The newest Health Canada-approved formulation will target the hormonal component of acne for Canadian patients in 40 years.

InterGlobe Aviation: The parent company of IndiGo Airlines placed an order for 500 Airbus A320 Family aircraft, making it the largest-ever single aircraft purchase by any airline with Airbus. The order will be delivered between 2030 and 2035.

ITC: The conglomerate plans to acquire a stake in Mother Sparsh through 857 Compulsorily Convertible Preference shares of Rs. 10/- each to increase its shareholding from 22% to 26.50% (on a fully diluted basis).