Asian markets traded higher on Thursday, led by a rally in chip stocks after Nvidia earnings.

US stock market ended a choppy session higher on Wednesday, led by gains in technology stocks ahead of Nvidia's results.

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

Source: Equitymaster

At present, the BSE Sensex is trading 107 points higher, and the NSE Nifty is trading 37 points higher.

Reliance Industries, Adani Ports, and Axis Bank are among the top gainers today.

HCL Tech, Asian Paints, and ICICI Bank, on the other hand, are among the top losers today.

The BSE Midcap index is trading 0.1% higher, and the BSE Smallcap index is trading 0.1% higher.

Sectoral indices are mixed today, with stocks in the metal sector and the power sector witnessing buying. Meanwhile, shares in the realty sector and media sector witnessed selling pressure.

The rupee is trading at Rs 88.7 against the US dollar.

SpiceJet Clears Dues, Finalizes Carlyle Investment

SpiceJet said on Wednesday that it has issued new equity shares to Carlyle Aviation Partners, a global aircraft leasing company. By doing this, the airline has reduced its debt by Rs 4.4 bn and improved its long-term financial stability.

Earlier, on 11 September 2025, SpiceJet had announced that it reached a settlement with Carlyle to restructure lease dues worth Rs 10.7 bn. This deal will also give SpiceJet Rs 7.9 bn in liquidity, which will support its ongoing restructuring plans.

As part of the agreement, if Carlyle earns more than Rs 4.4 bn from selling the shares it receives, part of the extra money will be used to reduce SpiceJet's future lease payments. This is one of the steps taken to stabilize the airline's operations.

The agreement also provides SpiceJet with Rs 7 bn in cash reserves for future aircraft and engine maintenance, along with Rs 0.8 bn in maintenance credits to reduce lease costs.

Ajay Singh, the Chairman and Managing Director of SpiceJet, said this deal is an important step in strengthening the airline financially and rebuilding its operations. He added that more restructuring measures are in progress, and the company hopes to complete them soon as it works toward becoming a stronger, more reliable airline.
 

NBCC Secures Major Naveen Nagpur Contract

State-owned NBCC India Ltd announced on Wednesday that it has won a project management consultancy (PMC) contract worth about Rs 29.6 bn. The project is for developing Naveen Nagpur under Phase-1 of the Nagpur Metropolitan Region Development Authority (NMRDA).

The order, excluding GST, was awarded by NMRDA and is part of NBCC's regular business operations. Under this contract, NBCC will provide PMC services to support the planning and development of the Naveen Nagpur project, which is an important regional development initiative.
 

NTPC Green Commissions Khavda-I Solar Unit

NTPC Limited announced on Wednesday that its subsidiary, NTPC Green Energy Limited (NGEL), has declared the commercial operation date (COD) for 75.5 MW of the 1,255 MW Khavda-I Solar PV Project in Gujarat.

The project is being developed by NTPC Renewable Energy Limited (NREL), another subsidiary of NTPC. The partial capacity became operational on 19 November under the CPSU Scheme Phase-II, Tranche-III.

With this addition, the total installation and operational capacity of the NTPC Group have reached 84,924 MW, highlighting the company's ongoing growth in renewable energy.

The Khavda Solar complex is one of NTPC's major green energy projects and plays an important role in India's renewable energy expansion under government-led initiatives.

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