Market News Today

Zinc prices showed mild correction across global exchanges amid profit booking, even as inventories remain tight. Chinese mine shutdowns and falling SHFE stocks support supply-tightness sentiment. Mixed macro cues, rising LME stocks, and uneven refined output keep upside capped. Market bias remains cautiously bullish, with strong support at ₹298–300/kg.

Structural steel prices remain steady with a mildly positive trend in primary mills, supported by active replenishment in several regions. The secondary market stays firm to bullish due to tight supply in Raipur, Gobindgarh, and Durgapur. Liquidity has improved post-festive season, keeping trade flow strong despite limited credit availability.

Mumbai's Worli premium property values now rival Lower Manhattan, fueled by local wealth. Over 20 transactions exceeded Rs 100 crore in 3 years. Rs 19,000 crore in projects are underway.

Telangana High Court seeks state response on petitions challenging Hyderabad's Industrial Land Policy (HILTP), citing environmental and procedural concerns. The November 2025 policy faces scrutiny over land conversion for residential/commercial use. Next hearing: December 29.

Ahmedabad Metro Phase 2A (6 km, ₹1,800 cr) and Phase 2B (10 km, ₹900 cr) geotechnical investigation bids are invited. The tender closes Dec 17, 2025, with an EMD of ₹2,14,000, enhancing urban connectivity.

Mahanadi Coalfields (MCL) has invited EoI for a 60 MWh Battery Energy Storage System (BESS) project in Odisha. Bids close December 26, 2025, aiming to integrate BESS with existing and upcoming solar projects.

MPERC issued its sixth amendment to Open Access Regulations 2021 in Madhya Pradesh, clarifying application, billing, and operational rules. It impacts Regulation 13.2, ensuring demand charges are based on contract demand and energy adjusted for open access, strengthening grid stability and compliance.

India is poised to lead clean mobility with Electric Road Systems (ERS), allowing in-motion charging. This can cut logistics costs by 5-7%, battery size by 50%, and boost energy efficiency by 10%, transforming freight and public transport.

Amit Shah launched ₹1,506 crore projects in Ahmedabad and Gandhinagar, boosting housing (1,370 new homes), civic, cultural, and infrastructure development. This includes a ₹10 crore Vastrapur Lake renovation, reflecting Gujarat's holistic urban planning.

Pune Traffic Department raised the Navale Bridge speed limit from 30 kmph to 40 kmph, effective Thursday. This adjustment aims to balance road safety with practical driving requirements for all vehicles on the accident-prone highway corridor.