Market News Today

Just under two weeks remain before the deadline for EVIEs nominations. Unlike in previous years, there will be no extension, so don’t delay.

Foreseeson Technology has announced a strategic partnership with North American EV charging solutions provider SWTCH.

Global insurance firm Chubb is expanding its office space in Madhapur, Hyderabad, by leasing 1.68 lakh sq ft in a deal worth approximately ₹115 crore, bringing its total footprint to 2.19 lakh sq ft.

Electrogenic, a British EV technology company, has acquired TREMEC Electric GT, an American EV powertrain systems specialist.

Indian polymer market sentiment remains cautious as volatile Brent crude prices, ranging from $78 to $90/bbl, trigger panic selling. Despite rolled-over international offers and stable underlying demand, domestic prices corrected sharply. Converters are restricting purchases to immediate requirements, awaiting producer price protection to restore market stability.

The proposed 72.5-km Ghaziabad-Jewar corridor features 23 stations, promising airport travel under 50 minutes, boosting regional development, and integrating rapid transit with metro services across the national capital region.

A recent water shortage in a high-rise housing society highlights critical gaps in urban infrastructure and basic services, stressing the urgent need for sustainable resource planning amid rapid residential growth.

UPEIDA has invited bids to develop the Ganga Link Expressway in two packages, connecting Noida International Airport with the Ganga Expressway via Bulandshahr to boost regional transport and logistics.

Indian copper prices rose 0.84% to ₹1,376.95 per kg amid tight non-US inventories and supply worries. Meanwhile, proposed US Section 232 tariffs are reshaping COMEX–LME spreads. With physical arbitrage opportunities opening up, domestic prices in India for wire rods and cathodes remain firm across major industrial hubs.

Global steel and raw material prices softened significantly in July 2026 as high summer temperatures, monsoon rains, and slowing industrial activity dampened procurement. While raw materials like coking coal and scrap hit multi-month lows, Hot-Rolled Coil (HRC) prices remained relatively resilient despite quiet export markets and persistent trade barriers.