Market News Today

Delhi NCR apartment prices surged 8-20% in Q1 2026, driven by infrastructure and premium demand. This widens the affordability gap, as rising costs push developers towards high-margin projects, reducing homes below ₹50 lakh, despite sales volume improvement.

Delhi's Bhairon Marg underpass, due February 2027, faces delays from 2023 Yamuna floods, limiting it to smaller vehicles. It highlights climate impact on urban projects, urging integrated climate-risk planning.

Delhi and NCR cities face a worrying rise in ground-level ozone pollution, intensifying in summer due to climate conditions, traffic, and urbanisation. This new threat, unlike winter smog, harms respiratory systems, with concentrations steadily increasing.

Zinc prices in India remained firm this week as strong global metal sentiment, stable downstream demand, and tight near-term supply supported the market. MCX Zinc Futures continue to trade in an uptrend, while buyers from galvanizing and infrastructure sectors remain active. Market participants are closely tracking resistance near ₹355/kg.

Delhi-NCR housing costs outpace salaries, making home ownership difficult for ₹50,000-₹1 lakh earners. Loan repayments exceeding 30-40% of income push buyers to peripheral areas, raising infrastructure and environmental concerns.

Greater Noida's 37-km, 8-lane road upgrade to Ganga Expressway approved, boosting logistics, cutting travel to under 45 minutes, and accelerating urban expansion, strengthening freight movement across NCR.

Harima Chemicals achieved robust profit growth for the financial year ended March 31, with increased paints resin sales contributing to the positive performance despite mixed segments.

Delhi Metro extends services on May 8 for IPL crowds at Arun Jaitley Stadium, managing late-night mobility. This reflects urban resilience planning and climate-conscious infrastructure for major events.

Granules India reported strong revenue growth in its API business. Its pharmaceutical formulation intermediates unit saw sales rise 9% YOY in the fiscal quarter ending March 31.

China's May PP output is forecast to rise 6.89% MoM to 3.015 mln tonnes, with capacity utilization recovering to 65.94%. This signals a gradual supply recovery, despite high cost pressures impacting some production routes.