Market News Today

Commuters are protesting after the extended Kollam-Kottayam MEMU skipped Mulanthuruthy station, which serves 2 lakh annual passengers, while halting at Kanjiramattom, which records only 60,000 passengers.

Two workers died in a sewage treatment plant due to safety lapses. The contractor faces a ₹50 lakh penalty, while families will receive ₹30 lakh each and education support for children.

A demand to cancel a public festival and redirect funds toward drinking water and fodder in drought-hit regions affecting 265 talukas has been submitted to the municipal commissioner.

Construction encroachments in Kothrud have left roads unsafe, causing severe dust pollution, traffic congestion, and damaged footpaths. Residents demand immediate civic action as five contractors operate in the area.

Residents of a housing society sought police and municipal action against late-night drinking, illegal parking, and safety hazards outside their complex, highlighting emergency access blockade and substance abuse concerns.

A Maharashtra Cabinet amendment granting voting rights to government appointees in the Gokul Dairy cooperative has sparked protests. The dairy collects 20 lakh litres daily, supporting 5.5 lakh farmers.

The Shirsai Irrigation Scheme has begun releasing 160 Mcft of water over 15 days to 12 drought-hit villages in Baramati, supporting agriculture and groundwater recharge following a poor monsoon.

Indian Railways introduced over 100 special train pairs, including a Vande Bharat Express, to manage heavy passenger rush and ease travel during the Diwali and Chhath festivals.

India's chemical market is witnessing a broadly softer-to-stable trend as Brent crude declines to $93.74–94.10/bbl and sustained vessel arrivals improve domestic availability. Methanol, Acetic Acid and Toluene face the strongest near-term downward pressure, while VAM and BAM remain relatively stable. Comfortable port inventories and subdued Chinese benchmarks are likely to keep buyers in a favourable negotiating position in the near term.

India's stainless steel market remained subdued in the week ended 4 November 2026, with weak downstream demand, liquidity constraints and festive-related disruptions limiting fresh procurement. While 304 HR coil prices remained stable, leading domestic producers reduced selected flat product prices, indicating continued pressure on the market. Near-term trading is expected to remain range-bound.