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Check out the top 10 stocks that trended in the market on October 8
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Check out the top 10 stocks that trended in the market on October 8
Oct 8, 2018 8:04 AM

Indian shares reversed three sessions of losses to end higher on Monday, after swinging between gains and losses through the day.

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NSE

The BSE Sensex ended gaining more than 97 points or 0.28 percent at 34,474, while the NSE Nifty 50 also settled higher at 10,348 up by 31.55 points or 0.31 percent after a day of high volatility.

Reliance Industries Ltd contributed 54 points to the Nifty's gains and well supported by Kotak Mahindra Bank and Yes Bank as well as auto majors, while HDFC twins dragged indexes lower.

Oil marketing companies gained as Brent crude oil prices slipped to $83 per barrel.

Here's a list of stocks that trended in the market today:

Eicher Motors: Shares surged 4.74 percent to trade at Rs 22,194 on Monday, after the auto stock hit its 52-week low of Rs 20,001.15 last week on October 4. The scrip quoted at Rs 21,400 at open and hit the day's high at Rs 22,300 in intraday trade. Shares ended 4.29 percent higher at Rs 22,098.95.

PNB Housing Finance: The PNB Group financial company's shares surged to a high of Rs 905 in intraday trade after opening at Rs 853. At end, the scrip quoted at Rs 871.25, up by 2.19 percent. Earlier, the mortgage lender reported it has raised Rs 1,470 crore ($200 million) through external commercial borrowing (ECB), under the automatic route, the company said in a statement.

Vedanta: Shares of the mining giant touched a 52-week low of Rs 198.25 in intraday trade on Monday, after opening at Rs 227. It closed at Rs 207.30, tanking 10.51 percent, but higher than day's 52-week low.

Shriram Transport Finance: Shares extended losses in trade to become a major loser amongst non-banking financial companies. It closed at Rs 930, dipping 10.92 percent, but recovering from its 52-week low of Rs 902.30.

Gati: The logistics company’s shares declined as much as 12.9 percent to Rs 70, their biggest intraday percent fall since September 28 after CARE Ratings cut credit rating on the company’s long-term bank facilities to CARE BBB and short term ones to CARE A3+.

Wipro: Shares of the IT firm fell as much as 3.29 percent to Rs 314.6, their lowest since September 5. At close, the scrip traded at Rs 317.50, lower by 2.40 percent.

Sagar Cements: Shares of the cement company rose 9 percent, snapping a four-session losing streak, after the company said consolidated cement sales were up 21.8 percent on year at 249,882 tonne in September. It closed marginally up by 0.96 percent at Rs 641.15.

Aavas Financiers: The housing finance company made a tepid market debut on Monday, listing at Rs 758 on the BSE against its issue price of Rs 821. While it ended 2 percent higher at Rs 773.15 visa-a-vis opening price, shares dipped 5.83 percent with respect to issue price.

Indiabulls Housing Finance: NBFC shares rose nearly 4.4 percent after the company in a statement said it has high liquidity as well as capital adequacy, and is confident of growing its business by over 20 percent in the current macroeconomic environment. It quoted at Rs 941 to end 3.21 percent higher.

HPCL: Shares of the public sector downstream company ended 8.54 percent higher at Rs 179.20.

Also, catch all the highlights from our Market blog.

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