NEW DELHI: Indian markets are expected to trade lower on Monday tracking muted trend seen in other Asian markets. “What I was trying to highlight was that on Friday, being a weekly closing, Nifty has closed below a channel, which was at about 7,850. On Thursday, when Nifty tried to move back to those levels, I said 7,850 on the upside would be very critical,” says Mitesh Thacker, Technical Analyst, miteshthacker.com. “On Friday, there was no attempt to get past those levels and we started off with a strong selling pressure. We saw follow up selling towards the end of the day. Therefore pullbacks, if any, in the short term, would face strong supply over there,” he added. Here is a list of twelve stocks which are likely to remain in focus today: Srei Infra & Tata Teleservices Ltd: American Tower Corp. (ATC) is set to clinch a much-delayed deal to acquire a majority stake in bigger Indian telecom tower rival Viom Networks that will see the Tata group retain a minority stake, said three people familiar with the matter. The Srei group, which has management control with a minority stake, is to exit completely, they said. Natco Pharma Ltd: The Reserve Bank of India has notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 31.50 per cent of the paid up capital of M/s Natco Pharma Limited under the Portfolio Investment Scheme (PIS). Dr Reddy’s Laboratories Ltd: Drugs major Dr Reddy ‘s Laboratories is recalling over 55,000 bottles of Amlodipine besylate and Atorvastatin calcium tablets, used to treat high blood pressure and cholesterol related diseases, in the US market. Aditya Birla Nuvo Ltd: The Aditya Birla Nuvo board today approved termination of plans to issue GDRs by group firm Pantaloons Fashion and Retail (PFRL) as envisaged under a merger scheme to consolidate their branded apparel business due to regulatory issues. ONGC: ONGC Videsh, the overseas arm of India’s biggest explorer, will acquire a 15% stake in the Vankor oil field of Russian state firm Rosneft for about $1.35 billion (Rs 8,910 crore). Lanco Infratech Ltd: Lanco Infratech today said it will seek shareholders’ approval to invest up to Rs 6,000 crore via securities in companies, including its subsidiaries, to meet its capital commitments. IndusInd Bank Ltd: The Reserve Bank has removed IndusInd Bank from its caution list, allowing foreign investors to buy further shares in the lender. Maruti Suzuki Ltd: Maruti Suzuki India plans to take approval from minority shareholders on allowing parent Suzuki Motor Corporation to own and invest in the upcoming Gujarat plant. Vijaya Bank Ltd: State-run Vijaya Bank announced that it has reduced its base rate by 0.15 per cent to 9.85 per cent. Rajesh Exports Ltd: The company said that the company has bagged an export order worth Rs 1,123 crore from Singapore for gold and diamond studded jewellery Amtek Auto Ltd: More than 80 investors, including Axis Bank, Karur Vysya, Syndicate, Corporation Bank and some pension funds, stare at a knock of at least Rs 800 crore in their books in the September quarter as beleaguered Amtek Auto may fail to reschedule its payments, four people familiar with the development said. IL&FS Transportation Networks Ltd: ITNL is looking to sell most or all of its operational annuity road projects in an effort to reduce debt before the end of this fiscal year, said two people familiar with the company’s plans, said media reports.