Top Gainers Today 08-Oct-2026: Key NSE and BSE movers

Introduction

Nifty 50 closed at 22,334.90 (down 1.19%) while the Sensex ended at 72,216.48 (down 0.58%) on October 8, 2026, amid elevated volatility with India VIX up 5.80% to 14.70. Despite the broader selloff, IT counters featured among index supports as the Nifty IT index rose 1.73% and names like Infosys and Tech Mahindra contributed positively to the benchmarks. Small-cap momentum pockets stood out with multiple near-upper-circuit moves, even as rate and macro concerns weighed on most sectors.

Large Cap Top Gainers

Punjab National Bank (+1.05%) PNB rose even as the broader market sold off, helped by relative strength in PSU banking early in the session as the Nifty PSU Bank index was marginally higher (+0.16%) on the day’s sectoral readout. The stock also saw heavy churn at 2.15 crore shares, indicating active participation in a low-priced PSU bank name.

Tech Mahindra Ltd (+0.44%) Tech Mahindra climbed in line with IT’s outperformance, with the Nifty IT index up 1.73% as investors preferred export-oriented defensives while the benchmarks fell. The stock also appeared on the list of stocks pulling indices up in the session data, reinforcing that the move was largely sector-led rather than stock-specific.

ICICI Prudential Asset Management Co Ltd (+0.40%) ICICI Prudential AMC edged higher on an otherwise weak tape, suggesting selective buying in financials outside rate-sensitive lenders. With no stock-specific news provided, the move looks driven by incremental positioning and steady volumes (6.31 lakh shares) relative to its usual activity.

Axis Bank Ltd (+0.25%) Axis Bank gained and was cited among stocks pulling indices up, even as Nifty Bank closed lower (down 0.58%). In the absence of a company-specific headline in the provided feed, the price action points to relative strength and stock-specific flows within banking.

Infosys Ltd (+0.21%) Infosys advanced with the IT pack as the sector outperformed on a day when most indices were in the red, reflected in Nifty IT’s 1.73% rise. The stock also featured among index supporters in the session contribution list, consistent with a sector rotation into IT.

Mid Cap Top Gainers

Cupid Ltd (+3.69%) Cupid surged to trade just shy of its 52-week high (₹357.45 versus ₹356.70 close), signalling a breakout attempt. The move was backed by very high volume at 3.40 crore shares, pointing to momentum-led buying.

NTPC Green Energy Ltd (+1.86%) NTPC Green Energy gained with strong volumes (70.10 lakh shares) despite the broader market decline, indicating selective appetite for energy transition names. With no company-specific news provided, the move is best explained by demand-led trading activity within the stock.

Tata Communications Ltd (+1.74%) Tata Communications advanced alongside the day’s tilt toward technology-linked counters, consistent with IT sector strength highlighted by Nifty IT’s rise. In the absence of a specific announcement in the input, the move appears driven by sector-led positioning.

Bharti Hexacom Ltd (+1.61%) Bharti Hexacom rose on steady volumes (4.95 lakh shares) even as the market faced volatility, suggesting stock-specific accumulation. No separate corporate trigger was provided in the supplied news, so the gain is attributed to trading flows.

SRF Ltd (+1.42%) SRF moved higher with moderate volumes (3.17 lakh shares) despite risk-off conditions across most sectors. With no fresh catalyst in the provided feed, the move appears technically driven as investors selectively added exposure in chemicals.

Small Cap Top Gainers

Indokem Ltd (+19.99%) Indokem hit the upper circuit limit (up 19.99%), indicating demand overwhelmed available sellers within the day’s permissible price band. With no verified company announcement provided, the move is best explained by circuit-bound momentum buying in a thinly traded small-cap, supported by higher activity (6.31 lakh shares).

True Green Bio Energy Ltd (+19.60%) True Green Bio Energy jumped close to the 20% circuit, consistent with “only buyers and no sellers” type action highlighted in the supplied context. In the absence of a specific corporate update in the input, the rally appears driven by circuit-led order imbalance rather than a disclosed fundamental trigger.

Remus Pharmaceuticals Ltd (+14.25%) Remus Pharmaceuticals rallied after the company disclosed postal ballot results where shareholders approved a special resolution to migrate from NSE Emerge to the NSE mainboard and BSE. Investors typically re-rate such moves as they can expand the investor base and improve liquidity, pushing the stock toward its 52-week high zone (₹1,007).

Fino Payments Bank Ltd (+11.53%) Fino Payments Bank surged after its September 2026 business update showed strong traction in key metrics, with loan referral disbursals up 223% year-on-year to ₹278 crore and the CASA base reported at 1.91 crore. The sharp reaction was also accompanied by very high volume (2.75 crore shares), reflecting rapid repricing after the operating update.

PNGS Reva Diamond Jewellery Limited (+10.22%) PNGS Reva Diamond Jewellery climbed as the stock traded near its 52-week high (₹738.40) and saw heavy turnover (1.55 crore shares), consistent with a momentum-led breakout setup. The provided context also points to unusually strong trading activity and technical strength, which typically triggers follow-on buying from momentum participants.

Market Overview

Indian equities ended lower on October 8 amid heightened volatility, with the Nifty 50 down 1.19% at 22,334.90 and the Sensex off 0.58% at 72,216.48. The risk-off mood was reflected in the rise in India VIX to 14.70 (up 5.80%) and reports in the market feed that rising crude prices and a rate-hike backdrop were key factors cited for the day’s decline.

Sectorally, IT stood out on the upside as the Nifty IT index gained 1.73%, helping limit the damage in headline indices through contributions from large IT names. Most other pockets were weaker on the sectoral snapshot shared, including FMCG (down 0.88%), financial services (down 0.39%) and broader market indices such as Nifty Midcap 100 and Nifty Next 50 showing declines in the day’s readings.

Explore More Market Movers

Readers can explore the complete list of market movers here: https://www.multibagg.ai/market-movers/top-gainers