Pfizer, Tata Motors and IDBI Bank among top 12 Stock Tips in focus today:

The domestic markets opened lower in trade on Tuesday, tracking muted trend seen in other Asian markets ahead of the expiry of derivative contracts for November in a holiday-shortened week. The S&P BSE Sensex was trading flat after falling over 100 points, while broader CNX Nifty slipped below its key support level of 7,850.  Among Asian markets, China's Shanghai Composite was down 1.21 per cent, Hong Kong's Hang Seng index was trading 0.82 per cent lower, while Japan's Nikkei traded with a downtick of 0.13 per cent.

Here are top Stock Tips that are likely to remain in focus today:

1.  Pfizer: In a historic merger that will create the world's biggest drugmaker, US pharma giant Pfizer has agreed to buy Botox-maker Allergen in a $160 billion deal. Reacting to the development, India-listed Pfizer shares rose 6 per cent on BSE.

2.   Tata Motors: Tata Luxury British carmaker Jaguar Land Rover (JLR) will post a lower pre-tax profit in 2015 than in the previous fiscal year, its CEO told Reuters, due to major investments and a blast at China's Tianjin port that destroyed thousands of its cars.

3.    Bank of India: Bank of India (BOI) said it will raise capital by allotting two crore equity shares to LIC at a price of Rs 264.12 crore in order to comply with Basel norms.

4.   IVRCL: IDBI Bank said it has acquired an additional stake in IVRCL, raising its total stake in the latter to over 5 per cent. Before the acquisition, IDBI Bank had over 4.77 per cent stake in the company, as per BSE filing.

5.    IDBI Bank: IDBI Bank on Monday launched an issue of US dollar-denominated green bonds through its Dubai branch. The bank will utilise the proceeds to fund new and existing green projects, IDBI said in a filing to the BSE.

6.  Maruti Suzuki: Asserting that it will have full control over upcoming plant in Gujarat despite letting parent Suzuki own and invest there, Maruti Suzuki India has hit back at proxy advisory firm IiAS, which asked minority shareholders to vote against the move, saying the "conclusions" are not based on "any facts or logic".

7.   Lanco Infratech: Swinging back to black Lanco Infratech posted a consolidated net profit of Rs 98.98 crore in the second quarter of the current fiscal after three years, due to tax reimbursements and favourable power tariff order.

8.  Gammon India: Bankers led by ICICI Bank have decided to initiate Strategic Debt Restructuring for Gammon India-wherein lenders would acquire controlling stake of 51% equity stake in the construction and engineering company.

9.  JSW Steel: Credit ratings agency Fitch today downgraded its outlook on JSW Steel to 'Negative' from 'Stable' due to risk of further decline in product prices.

10. Wockhardt: Drug price regulator National Pharmaceutical Pricing Authority has exempted Wockhardt's three insulin products from price controls for a period of five years with effect from January 8 this year.

11. Max India: The Company plans to sell 23 per cent stake in Max Bupa Health Insurance to its UK-headquartered parent Bupa for Rs 191 crore in an all-cash transaction that values the health insurer at Rs 830 crore.

12.Apollo Hospitals Enterprise: Apollo Health & Lifestyle (AHLL), an arm of healthcare major Apollo Hospitals Enterprise, has inked a pact with Malaysia-based Ramsay Sime Darby Healthcare (Ramsay) to offer diabetes care to people in that country.

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