New Delhi, Oct. 10 -- Here is a list of top five buzzing stocks in early trade on Thursday:

Indiabulls Housing: The stock was trading under pressure, falling 12% in early deals as the Reserve Bank of India (RBI) has rejected its proposed merger with Lakshmi Vilas Bank (LVB) Ltd. This spoils Indiabulls Housing Finance (IHF) Ltd's plan to get a banking license through this merger. In September, the RBI placed LVB under the prompt corrective action (PCA) list.

Bharti Airtel: Shares of the company were up nearly 5% in early trade today as investors cheered Reliance Jio announcing that it will charge customers 6 paise per minute for voice calls made to rival phone networks. Stocks of telecom companies are trading higher as Jio's announcement...