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Top Five Stocks to be Focus on 17 March 2016

Top Five Stocks to be Focus on 17 March 2016

The Indian market is expected to open higher on Thursday tracking positive trend seen in other Asian markets.

Here is a list of top Five stocks that are likely to be in focus today:

Procter & Gamble Hygiene & Healthcare Ltd: FMCG firm Procter and Gamble (P&G) said it will resume manufacturing and sale of its popular brand ‘Vicks Action 500 Extra’ after the Delhi High Court stayed government’s order banning fixed dose combination drugs.

MphasiS Ltd: Blackstone has emerged the strongest contender to acquire IT services firm MphasisBSE 3.37 % from Hewlett Packard Enterprise in a deal that could be worth over $1 billion, said three people aware of the matter.

Alok Industries Ltd: A Bombay High Court order on Wednesday forestalled implementation of textile maker Alok Industries’ resolution for its lenders to convert loans into controlling equity until a winding-up petition by HSBC is worked out.

InterGlobe Aviation Ltd: The national carrier of Qatar on Wednesday restated its long-standing desire to buy a stake in India’s largest and most profitable airline, which has rebuffed the offer right from the beginning .

IDBI Bank: A section of officers and employees of IDBI BankBSE 0.76 % on Wednesday called for a one-day strike onMarch 28 to protest against the government’s proposed stake sale in the state-run lender,

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