IFCI, Apollo Hospitals and SREI Infra among top 10 stocks that trended today

In a volatile trading day, the S&P BSE Sensex ended 43 points lower on Tuesday, while broader CNX Nifty finished below its key support level of 7,800.

Benchmark indices edged lower amid negative trend seen in Asian markets as Chinese stocks extended previous day's fall and ended lower after briefly ruling higher through the day.

Chinese markets tumbled 7 per cent on Monday on weak factory data which triggered more than 2 per cent fall in domestic markets with the Nifty index posting its biggest single-day percentage fall in over four months.

The 30-share index settled at 25,580.34, down 43.01 points in today's trade, while broad-based 50-share index quoted 7,784.65, down 6.65 points at close.

Market breadth turned negative with 18 of the 30 Sensex components trading in red.

Here are top 8 stocks that are trending in today's trade:

1. IFCI: Infrastructure lending firm IFCI on Monday said that it will partially divest its stake in the Stock Holding Corporation. Besides, the company will also pare its entire holding in Assets Care and Reconstruction Enterprise (ACRE). The stock ended 7.34 per cent higher.
2. SREI Infrastructure: Shares of SREI Infrastructure Finance jumped 8.72 per cent after BNP Paribas bought 5 per cent stake in the company after divesting its entire stake in SREI Equipment Finance.
3. Apollo Hospitals: Shares of Apollo Hospitals pared losses to end 1.35 per cent higher even as media reports indicated Income tax officials have conducted raid at Apollo Hospitals offices in Chennai.
4. Welspun Corp: Shares of Welspun Corp gained 3 per cent after initial losses as the company on Monday said it has received tax demand notice of Rs 100 crore in respect of a manufacturing unit in Anjar, Gujarat.
5. CONCOR: Shares of CONCOR lost 2.67 per cent following news report that government may sell 5 per cent stake in the company by February.
   
6. SITI Cable: Shares of SITI Cable Network surged over 13 per cent intraday after the Reserve Bank of India allowed foreign investors to buy up to 49 per cent stake in the company.The stock ended 5.30 per cent higher.
   
7. Texmaco Rail: Shares of Texmaco Rail Engineering surged 3.61 per cent after the company entered a definitive agreement and acquired 55 per cent stake in Bright Power Projects (India) ("Bright Power").
8. Suven Life Sciences: Shares of Suven Life Sciences gained 1.09 per cent after the drug firm was granted a patent each by Canada, South Korea and ARIPO for a drug used in the treatment of neuro-degenerative diseases.
9. Videocon Industries: Diversified industrial house Videocon Industries has restructured its $194.4 million foreign currency convertible bonds (FCCBs) by repaying half the amount in cash and redeeming the rest in new five-year bonds at lower cost, its advisors said. The scrip ended in green.
   
10. Grasim Industries and Aditya Birla Chemicals: Grasim Industries on Monday announced merger of Aditya Birla Chemicals (India) (ABCIL) with itself after receiving necessary approvals, consolidating its leadership as the largest chlor-alkali manufacturer in India. The stock of Aditya Birla Chemicals ended slightly lower while Grasim shares closed flat.