Here is a list of top 10 stocks that will likely be in focus on Thursday:

IndiGo: Promoter Rahul Bhatia on Tuesday submitted an arbitration request against co-founder Rakesh Gangwal before the London Court of International Arbitration (LCIA). This follows chairman M. Damodaran clarifying in September that the two promoters have called truce over differences on corporate governance and related-party transactions.

Yes Bank: The management addressed investors and analysts over a conference call early on Thursday to allay concerns after shares of the lender tanked 22% on Tuesday following sale of 100 million shares, representing 3.92% of the bank’s equity capital. In a filing to the exchanges on Wednesday, the bank said a large stakeholder invoked shares pledged with it, following which the entire pledge stood extinguished.

DHFL: Shares of the troubled housing financier tanked 20% on Tuesday amid uncertainty over its debt resolution. The company submitted its debt-restructuring plan to lenders on Monday, following which speculation that non-bank companies such as mutual funds may face haircuts of more than 40% fuelled the negative sentiment.

Indiabulls Housing Finance: The company refuted charges of financial irregularities, siphoning of funds and regulatory violations by promoters of the company in a public interest litigation (PIL) filed by advocate Prashant Bhushan in the Delhi High Court. Indiabulls claimed that Bhushan, who represents an NGO, did not do basic research before approaching the court.

Mahindra & Mahindra: Major auto companies released their September sales numbers on Tuesday. M&M's auto sales were down 21% on year at 43,343 units in September, while its tractor sales fell 2 % on year to 37,011 units. Mahindra on Tuesday announced forming a joint venture with Ford to develop and distribute the latter’s vehicles in the domestic market.

Zee Entertainment: Shares of the company extended losses for the second day in a row on Tuesday, declining nearly 11%. The stock has been under pressure amid rising concerns over the company’s viability to meet financial obligations.

HDIL: The Economic Offenders Wing of Mumbai Police has filed an FIR against the company’s promoters--Sarang and Rakesh Wadhawan—who allegedly enabled funds diversion for Punjab and Maharashtra Bank. More than two-thirds of the bank’s total loan book has exposure to HDIL. The stock ended down 5% on Tuesday.

Reliance Power: Investors took positive signals from Anil Dhirubhai Ambani Group (ADAG) chairman Anil Ambani, who assured that the group was committed to making Reliance Power a “Future Green" company. Barring Reliance Power shares of all ADAG companies fell sharply on Tuesday due to concerns surrounding the viability of the group to continue operations.

RBL Bank: Shares of the private lender plunged more than 22% on Tuesday due to concern over its exposure to the troubled Indiabulls Housing Finance. Overall negative sentiment surrounding the banking sector also dragged down the stock. However, share prices recovered before market close.

Lakshmi Vilas Bank: Shares remain under pressure, having ended down 5% on Tuesday, after Reserve Bank of India (RBI) placed the bank under the prompt corrective action framework on Saturday. This has raised concerns over its proposed merger with Indiabulls Housing Finance not going through.