Sensex Today Trades Higher; BSE Insurance Index Up 2.27%

Asian markets traded mixed on Thursday, even as Wall Street closed higher in the previous session.

On Wall Street, the Dow Jones Industrial Average gained 0.49%. The S&P 500 rose 1.3%, while the Nasdaq Composite advanced 1.6%.

The gains came after better-than-expected results and an improved revenue outlook from CoreWeave, along with a recovery in Nvidia shares during regular trading.

Here's a table showing how US stocks performed on Wednesday:

Source: Equitymaster

At present, the BSE Sensex is trading 303 points higher, and NSE Nifty is trading 70 points higher.

Bajaj Finance, ITC, ICICI Bank are the top gainers today.

HUL, M&M, Bharti Airtel on the other hand is among the top losers today.

The BSE 150 Midcap index is trading 0.5% higher and the BSE 250 SmallCap index is trading 0.8% higher.

Sectoral indices are trading on a mixed note today, with stocks in realty sector and financial services sector witnessed buying interest. Meanwhile, stocks in oil & gas sector and IT sector witnessed selling pressure.

The rupee is trading at Rs 93.7 against the US dollar.

Tata Power Q2 FY27 Results

Tata Power reported a 32.7% year-on-year increase in consolidated net profit to Rs 16.52 billion (bn) for the September quarter of FY27, compared with Rs 12.45 bn in the corresponding quarter last year, driven by improved performance across its generation and renewable energy businesses.

Revenue from operations rose 26.3% year-on-year to Rs 196.36 bn in Q2 FY27, from Rs 155.45 bn a year earlier. EBITDA increased 5.3% to Rs 42.45 bn, compared with Rs 40.32 bn in the corresponding period last year.

Profit before exceptional items and tax grew 22.7% to Rs 20.61 bn. The company reported net exceptional gains of Rs 1.19 bn during the quarter, including a gain from the derecognition of an associate, partly offset by impairment provisions. Profit attributable to owners of the company increased 48.6% year-on-year to Rs 13.66 bn, from Rs 9.19 bn in the year-ago quarter.

For the first half of FY27, Tata Power reported consolidated net profit of Rs 30.53 bn, up 21.7% from Rs 25.08 bn in the corresponding period last year. EBITDA for H1 FY27 rose 6.7% year-on-year to Rs 84.94 bn, according to the company's earnings release.

Power Grid Wins Karnataka Transmission Project Under TBCB

Power Grid Corporation of India Limited has been declared the successful bidder under the Tariff-Based Competitive Bidding (TBCB) process for developing an intra-state transmission system project in Karnataka on a Build, Own, Operate and Transfer (BOOT) basis. The project, involving the establishment of a 3x500 MVA, 400/220 kV substation at Humnabad in Bidar district, along with associated transmission lines, has been awarded at an annual transmission charge of Rs 2.43 billion.

POWERGRID received the Letter of Intent (LoI) on November 11, 2026, dated November 10, 2026. The project entails setting up a new 400/220 kV substation at Humnabad, along with the construction of 400 kV and 220 kV transmission lines and associated bays across Karnataka.

With this addition, POWERGRID has secured 11 transmission system projects under the TBCB route in FY27 so far, with cumulative annual transmission charges of Rs 81.07 billion.