After weeks of enduring air quality in the "very poor" category, Delhi witnessed an improvement, with the Air Quality Index (AQI) recorded at 282, placing it in the "poor" category on Monday at 8 a.m., as per the Central Pollution Control Board (CPCB).

Despite the improvement, a cold wave continues to grip the capital, accompanied by dense fog that has significantly reduced visibility during the morning and night hours.

The India Meteorological Department (IMD) issued a yellow alert for dense fog on Monday, cautioning residents about potential disruptions.

The day began with chilly winds, and the IMD forecast predicts a mainly clear sky, with smog or shallow fog likely to develop during the evening and night. The maximum temperature is expected to hover around 19 degrees Celsius, while the minimum could drop to 7 degrees Celsius.

Driven by strong fundamentals and resilient economy, the Indian equity markets are likely to see another record-breaking year for initial public offerings (IPOs), according to reports.

The fundraising activity in the country has been broad-based across sectors so far. Domestic investments provided resilience amid geopolitical risks and market volatility, according to a Kotak Investment Banking report.

According to the investment bank, deal sizes are consistently increasing across products, with more than 30 deals worth $500 million last year. Multinational companies (MNCs) prefer India as a listing destination by making their subsidiaries debut on Indian bourses.

A thick layer of fog enveloped Delhi-NCR on Saturday morning, with the India Meteorological Department (IMD) predicting cloudy skies and light rain in the region.

The cold conditions are expected to persist, offering no immediate relief from dense fog and cold waves.

The IMD has forecast cloudy skies with light rain or drizzle during the morning hours on January 11 and 12. Over the past 24 hours, the city experienced a sharp drop in temperature, with readings dipping as low as 1 degree Celsius. Maximum and minimum temperatures were recorded between 18-22 degrees Celsius and 6-8 degrees Celsius, respectively.

Although the fog is expected to clear gradually as the day progresses, light rain could prolong its impact. The minimum temperature in the capital is predicted to drop further to around 5 degrees Celsius in the coming days.