Market News Today

Shubhashish Homes expands beyond Rajasthan, securing a 32-acre Indore township agreement. Targeting Mumbai, Prayagraj, the firm projects Rs 400 crore pre-sales in FY26, focusing on sustainable, integrated urban projects.

Worli, Mumbai, now commands 40% of India's top-tier apartment sales (Rs 40 crore+), generating over Rs 5,500 crore. Prices reach Rs 1,00,000/sq ft, driven by Rs 69,000 crore infrastructure and Rs 19,000-21,000 crore projects.

Ethyl acetate increased in the indian market, operating in the ₹66.5–₹67.5/kg range depending on customer location. Severe feedstock shortages, rising ethanol costs, and reduced imports have tightened supply significantly. With possible plant shutdowns and manufacturers prioritising exports, market sentiment remains strong and prices may continue rising through December.

Singer Sonu Nigam leased a 4,257 sq ft commercial unit in Mumbai's BKC for Rs 19 lakh monthly rent, with a Rs 90 lakh security deposit. The five-year lease, registered in Dec 2025, totals Rs 12.62 crore, reflecting strong office demand.

KSERC proposes removing the 10 paise/unit fuel surcharge ceiling to align with Central Rules, ensuring automatic monthly cost recovery for licensees. This aims for financial neutrality, with public feedback open until December 23, 2025.

India's electrical sector is projected to grow at 8% long-term, mirroring the 7-8% economic expansion. Installed capacity aims to double by 2034-35, with the sector expanding from $75 billion to over $1 trillion by 2047, driven by strong demand.

Indian renewable energy firms struggle with grid penalties due to poor weather forecasts. Stricter CERC rules, effective April 2026, and infrequent IMD data updates (every six hours) hinder supply commitments, prompting calls for better technology.

Eastern India's met coke firmed to INR 32,000/t ex-Jajpur (+INR 200/t w-o-w) on tight supply and rising coking coal prices ($202/t FOB). Western India stable. China's market weakened, while pig iron sentiment was mildly weak.

Pune's transport network is set for major upgrades. Chandani Chowk completed March 2024. Katraj flyover by June 2026, Pune-Satara road by June 2027, and Nashik Phata-Khed elevated corridor by March 2030. Feasibility studies for more projects underway.

Incharz and Gaurs Group partner to install EV charging stations across high-footfall residential and commercial properties in NCR and Uttar Pradesh. This collaboration aims to boost EV adoption by offering accessible, discounted charging tariffs, supported by NPCL.