Here's why pharma, telecom and bank stocks are in focus

Here are stocks likely to be in the focus in today's trade:Pharma companies in focus: Government bans over 300 drugs. Pfizer, Abbott, Glenmark, Wockhardt will be in focus. Different fixed dose combinations banned by Government. Fixed dose drugs including Codeine included in the ban. Pfizer's Corex & Abbott's drug Phenesydyl in the list. Pfizer's Corex ranked among top 20 pharma brands in India. Pfizer's key brands that include Corex comprises 36% of sales.Telecom Companies in focus: Government to conduct special audit of telcom companies. CAG report indicates companies understated revenue by Rs 46,045.75 crore by 6 operators from FY07-10. 6 operators are Airtel, Idea, Reliance Communication, Tata Teleservices, Vodafone and Aircel. Government's loss of Rs 12,488.93 crore.Mission clean up: Banks to pull up loan defaulters. Bankers led by SBI & ICICI Bank going to grill top management. Bankers to grill companies on repayment and debt reduction plans. Essar & Bhushan Steel among companies summoned. Other companies to be questioned are Electrosteel Steel, Visa Steel, Lanco Teesta, Jyoti Structures, Monnet Ispat.India's largest iron ore miner NMDC has raised the lump price by a little over 8 percent to Rs 1,950 per tonne effective March 11, its first hike for the higher grade of the ore in over one-and-a-half years.
The state-run firm also raised prices for iron ore fines by 10 percent to Rs 1,710 per tonne for this month. Last time, NMDC had raised the prices of fines in November 2015.

The PSU miner had raised iron ore lump prices by Rs 300 to Rs 4,500 per tonne in June 2014. In the case of fines, the rates were hiked by Rs 100 to Rs 1,560 a tonne in November 2015.

Iron ore is the main ingredient used in making steel.

Other stocks in news is Voltas.