Sensex Today Trades Higher; Nifty Above 24,100

Photo by Nicholas Cappello on Unsplash

Asian markets traded higher on Tuesday, following an overnight rally on Wall Street, after crude oil prices declined and US President Donald Trump signaled the conflict with Iran could be nearing its end.

US stock market ended higher amid a final-hour rebound on Monday after President Donald Trump suggested that the US-Israeli war on Iran could be close to ending.

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

Source: Equitymaster

At present, the BSE Sensex is trading 316 points higher, and the NSE Nifty is trading 90 points higher.

Asian Paints, M&M, and Adani Ports are among the top gainers today.

Infosys, Reliance Industries, and TCS, on the other hand, are among the top losers today.

The Nifty Midcap 100 index is trading 0.7% higher, and the Nifty Smallcap 250 index is trading 0.8% higher.

Sectoral indices are trading mixed today, with stocks in the IT sector and the oil & gas sector witnessing selling pressure. Meanwhile, stocks in the services sector and the auto sector witnessed selling pressure.

The rupee is trading at Rs 92.2 against the US dollar.

Powergrid Strengthens Network with Major Investments

State-owned Power Grid Corporation of India Limited said on Monday (March 9) that its board has approved raising Rs 50 billion through an unsecured rupee term loan from Union Bank of India.

The board also cleared an investment of Rs 2.34 billion to establish a Centralised Security Operations Center for Substations (OT SOC). The project is expected to be implemented within 24 months from the date of approval by the Central Electricity Regulatory Commission.

Additionally, the company granted in-principle approval to divest its entire equity stake in Central Transmission Utility of India Limited to Grid Controller of India Limited.

Also, approval for entering into Strategic Alliance with Africa50 and Uganda Development Bank (UDB) and Signing of Framework Agreement for Development of Transmission Project in Uganda under Independent Power Transmission (IPT) Model.

OIL Signs MoU for UP Broadband

OneOTT Intertainment Ltd (OIL), the broadband arm of Hinduja Global Solutions Ltd, has signed an MoU with the State Transformation Commission of the Government of Uttar Pradesh to launch Project GANGA, a large digital connectivity initiative.

The project aims to enable 8,000-10,000 local entrepreneurs to act as Digital Service Providers and deliver high-speed broadband across the state. Over the next 2-3 years, it plans to connect more than 2 million households and create over 100,000 jobs.

Entrepreneurs will receive training, financing support, and technology assistance. The initiative will also support digital services such as broadband, IPTV, OTT, CCTV, satellite internet, and cybersecurity for homes, businesses, and public institutions.

NTPC Green expands total renewable capacity

According to a certificate from Solar Energy Corporation of India Limited (SECI) dated 9th March 2026, Ayana Kadapa Renewable Power Private Limited, a subsidiary of Ayana Renewable Power Pvt. Ltd. and part of the joint venture ONGC NTPC Green Private Limited, has declared 91.6 MW of its 250 MW solar PV project in Andhra Pradesh as commercially operational from 27th February 2026.

The first part of the project, 158.4 MW, had already begun commercial operations as of 20th February 2026. With this addition, the total installed capacity of the NTPC Green Energy Limited Group has increased from 9,201.08 MW to 9,292.68 MW.