Top stock movers — Infosys, Vodafone-Idea, Bajaj Auto, TVS Motor, Future Retail, Coal India, ONGC, V-Mart and more

• The Sensex was trading 1.03% higher, while the Nifty50 was up 1.02%.
• The rally was led by banking and financial stocks.
• Check out the latest news and updates on Business Insider.

Indian benchmark stock index, Sensex started on a tepid note on September 2 amid concerns over India-China border tensions and cautious cues from the Asian peers.

The Sensex was trading 0.15% higher, while the Nifty50 was up 0.20%.

*as of September 2, 10:11 am

These are the top stocks that are buzzing in trade today:

Infosys shares climb 2% on back of its hiring plans

Shares of Infosys zoomed nearly 2% after the company announced its plans to hire 12,000 workers in America over the next two years. This will take the company's hiring commitment in the US to 25,000 over the next five years.

Vodafone Idea shares surged 10%

Shares of telecom giant Vodafone Idea surged nearly 10% after it announced its fund-raising plans. The company said the board would meet on September 4 to discuss and consider the proposal.

Bajaj Auto and TVS Motors shares lost 2% during early trade hours

Bajaj Auto and TVS Motors shares declined 2% during early trade hours on September 2 after both the companies reported de-growth in August sales. TVS registered a de-growth of 1% in comparison to what it sold last year in August, whereas Bajaj was down 9%.

Future Enterprises and Future Retail shares hit lower circuit for the second day in a row

Future Enterprises hit a lower circuit after falling 5% in the minutes after opening. The fall in the Kishore Biyani owned Future Enterprises is triggered by the default of payment by one of its Rivaaz Trade Ventures. According to reports, Rivaaz Trade Ventures defaulted on its scheduled debt obligations due on August 31.

This also moved other Future Enterprises subsidiaries. Future Retail down 10%, Future Lifestyle down 5% and Future Consumer down 2%.

Coal India shares gain after record output

Coal India shares were up 3% after the company posted a record output in August. The company said it is for the first time in the current fiscal year, that it has recorded growth in both production and off-take. It registered a 7.1% growth in coal output, and the coal off-take increased 9.3% in August, compared to the same period last year.

ONGC shares up over 3% despite low quarterly earnings

The shares of state-owned ONGC were up nearly 3% despite the weak quarterly results. The company posted a net loss of ₹3,098 crore in the first quarter ended June 30.

V-Mart shares advance 3%

Shares of V-Mart gained 3% after the company announced its fundraising plans. The company said that its board is scheduled to meet September 5 to consider and approve the matter.

Adani Green Energy shares gain 7%

Adani Green Energy shares advanced 7% after the company told investors that Mercom Capital had ranked it as the world's largest solar power generation asset owner in terms of operating, under-construction and awarded projects.

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Top stocks to watch— Infosys, Bharti Airtel, Vodafone Idea, Hero MotoCorp, TVS, ONGC, V-Mart, Embassy Office Parks REIT and more