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Best to buy, sell or hold shares? View the top 10 shares of today (March 12) in images here; Learn more about the stock market from experts

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Aditya Birla Capital Stock: The company has announced the merger of Aditya Birla Capital with its subsidiary Aditya Birla Finance.

Stocks to watch out for today

On March 11, BSE Sensex fell 616.75 points to settle at 73,502.64. The Nifty50 also fell 160.90 points or 0.72 percent to settle at 22,332.65. The decline in the stock market was observed against the backdrop of bank stock sales and weak trends in the US market.

The Nifty Bank index, which includes data from 12 banking stocks, fell 507.95 points or 1.06 percent to end at 47,327.85.

According to Experts & Zee Business, here are some stocks that will be in the spotlight on Tuesday, March 12:

  1. Mahindra & Mahindra Stock: The company has released its February manufacturing sales and export figures.
  2. RVNL stock: Rail Vikas Nigam Limited emerged as the lowest bidder (L1) of Central Railway for telecommunication and signaling works for supply of automatic block signaling on Khapri-Sewagram section of Nagpur division.
  3. Aditya Birla Capital Stock: The company has announced the merger of Aditya Birla Capital with its subsidiary Aditya Birla Finance.
  4. KEI Industries shares: The company approved an interim dividend of Rs 3.5 per equity share of face value of Rs 2 each for the financial year 2023-24, which will highlight the shares today.
  5. UCO bank shares: The bank comes to attention after the CBI investigation reports. The Bank said reports on the steps taken by the CBI in accordance with their systems and investigative protocols do not contain any new material information not previously disclosed by the Bank.
  6. ITC stock: British American Tobacco (BAT) may offload a stake in ITC, according to the report. The company can raise $200-$300 crore through share sales.
  7. Kfin Technologies share: Kotak Bank can raise Rs 218 crore after selling 2% stake in the entity through a block deal.
  8. Aurobindo Pharma Stock: The company’s plant in Andhra Pradesh received Good Manufacturing Practice (GMP) approval from WHO.
  9. Zomato Stock: Global brokerage HSBC gave the company a buy rating with a price target of Rs 200, implying an upside potential of Rs 200.
  10. Oil India Stocks: Morgan Stanley maintains an ‘overweight’ rating on the stock with an increased price target of Rs 745 from the earlier target price of Rs 487.
  11. Indraprastha gas supply: Morgan Stanley raises the rating on the stock from the previous ‘equalweight’ to ‘overweight’, with a higher price target of Rs 522.

(With input from agencies)

(Disclaimer: The above article is for informational purposes only and should not be considered investment advice.)



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