Stocks in Focus on March 3: MTAR Technologies IPO, Tata Power, IRCON, Telecom Stocks to Tyre Stocks; here are the 5 Newsmakers of the Day

Benchmark domestic stocks on Tuesday, March 2, 2021, climbed around one per cent in sync with gains in the global equity markets. The BSE Sensex regained the 50,000-mark while the NSE Nifty reclaimed 14,900 level. The Sensex closed 447 points, or 0.9 per cent, up at 50,297 and the NSE Nifty surged 158 points, or 1.07 per cent, to finish at 14,919. But certain stocks came in the news after the market was closed. These stocks can impact the indices when it reopens on Wednesday, March 3, 2021. List of such five stocks:

MTAR Technologies: The initial public offer (IPO) of MTAR Technologies will open for subscription today, i.e. March 3, 2021. The precision engineering company seeks to raise Rs 597 crore from the primary market. The price band of MTAR Technologies IPO has been fixed at Rs 574-575. The public issue will close on March 5, 2021. Besides, the Hyderabad-based precision…