Stocks to watch: Piramal Enterprises, ITC, Tata Steel, Axis Bank, Bajaj Fin

At 08:48 am, Nifty futures on the Singapore Exchange (SGX) were trading 82 points or 0.8 per cent lower at 10,249.80, indicating a negative start for the Indian market on Monday.

Here's a look at the stocks that may remain in focus today - 

Axis Bank, Bajaj Finance: Rating agency Standard and Poor’s has downgraded the issuer rating of Axis Bank from “BBB-” to “BB+”, expecting that the heightened economic risks facing India’s banking system will affect the lender’s asset quality and financial performance. The agency has also downgraded ratings of Bajaj Finance. 

ITC: Diversified group ITC on Friday reported