Top 5 stocks in focus on September 4: IDBI, Infosys to Vodafone Idea, here are 5 newsmakers of the day

Sensex and Nifty closed on a negative mark on September 3, 2018, but there were certain stocks, like IDBI, Infosys to VST Tillers, that made news after the domestic market was closed for trading on the day. These stocks can have an impact on the Indian stock markets on September 4, 2018, during the trading hours.  

Top 5 stocks in focus on September 4: IDBI, Infosys to Vodafone Idea, here are 5 newsmakers of the day
Sensex and Nifty closed on a negative mark on September 3, 2018, but there were certain stocks, like IDBI, Infosys to VST Tillers, that made news after the domestic market was closed for trading on the day. Image source: DNA
By ZeeBiz WebTeam
Updated: Tue, Sep 04, 2018
09:44 am
ZeeBiz WebDesk
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Sensex and Nifty closed on a negative mark on September 3, 2018, but there were certain stocks, like IDBI, Infosys to VST Tillers, that made news after the domestic market was closed for trading on the day. These stocks can have an impact on the Indian stock markets on September 4, 2018, during the trading hours. Here is the list of such stocks: 

IDBI Bank: The LIC board will meet today to decide on the modalities to increase stake in debt-ridden IDBI bank to 51 per cent. 

Infosys: Infosys' ex-date for 1:1 bonus is today. F&O lot size has been revised to 1,200 shares.

Persistent Systems: The company has acquired Herald Technologies Inc, a start-up in the US. The enterprise value payable for the acquisition of 100 per cent shares of Herald is US$ 5.2 million. 

Watch this Zee Business video here:

Vodafone Idea Limited: The telecom major has raised Rs 1,500 crore fund through non-convertible debentures on private placement basis. The NCDs have a maturity period of 5 years and have been offered an interest rate of 10.9 per cent per annum.

VST Tillers Tractors Ltd.: The company has sold 1646 power tillers, which was high by 1.1 per cent in August 2018. Similarly, it also sold 517 tractors.