Corporate

Waterways Leisure Tourism Shares Rise 10 Percent to Upper Circuit After Soft IPO Start

The shares of Waterways Leisure Tourism, operator of Cordelia Cruises, climbed 10 percent to hit an upper circuit at Rs 734.05 on the BSE on Thursday, July 2. This set a fresh peak as investors displayed interest in the stock a day after its modest market debut. The company opened quietly on Wednesday, July 1, with shares listing nearly 16 percent below the IPO price. On the NSE, the stock debuted at Rs 681, down 15.72 percent from the issue price. On the BSE, it opened at Rs 690, a 14.60 percent discount. The Rs 585-crore IPO carried a price...

BCN Editor In Chief 2 July, 2026
BC ECONOMY TERMINAL · LIVE LIVE
> MACRO INDIA
GDP Growth 7.6% ▲ 7.1%
CPI Inflation 2.1% ▲ 4.6%
WPI Inflation 3.8% ▼ 2.13%
IIP Growth 5.2% ▲ 4..8%
> FISCAL
Fiscal Deficit $-289.8B ▲ $-297.1B
GST Collections ₹1.66L Cr ▲ 2.0% YoY
Direct Tax ₹22.8L Cr ▲ 7.19% YoY
> EXTERNAL
Forex Reserves $570.6B ▼ $575.5B
FDI $33.9B ▲ $28.2B
Current Acct Deficit $-36.2B ▼ $-22.9B
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Latest Economy Updated 11 March, 2026
Markets
IT Sector Selling May Ease as Banks and FMCG Stay Favored: Expert

The wider market has held steady even as information technology shares faced ongoing weakness. Market observer Neeraj Dewan noted that the sector came under pressure after firms gave cautious remarks following March quarter results, leading to continued sales. He said investor trust would return only if companies offer clearer growth prospects and better forecasts. Firms

11 March, 2026 BCN
Banking & RBI
Indian Government Bonds Advance Despite Rise in US Yields

Central government securities rose in early trading on Thursday, ignoring higher US Treasury yields. Support came from lower oil prices and stronger foreign demand ahead of possible inclusion in a Bloomberg bond index. The benchmark 6.94% 2036 bond yield stood at 6.7207% by 11:15 a.m., down from 6.7563% at Wednesday’s close. Bond yields move inversely

11 March, 2026 BCN
Fuel Policy
Oil Prices Drop After US and Iran Hold Indirect Talks in Doha

Beijing: Oil prices fell in early trading on Thursday after Qatar reported that Iran and the United States had achieved positive progress in indirect negotiations that ended on Wednesday. The discussions centered on the Strait of Hormuz, which carried one-fifth of global oil supply before the conflict. Brent futures declined 73 cents, or 1.02 percent,

11 March, 2026 BCN
Fuel Policy
Demand for 5kg LPG cylinders from migrant workers falls up to 80% amid price rise

Demand for 5kg LPG cylinders among immigrant labourers has dropped by as much as 80 percent following recent price increases. The sharp decline reflects reduced purchasing power among low-income households that rely on these smaller cylinders for daily cooking needs. Industry observers note that higher costs have forced many users to cut consumption or seek

11 March, 2026 BCN
Food Regulation
FSSAI Issues Notices to Six Beverage Firms Over Energy Drink Branding Claims

New Delhi: The Food Safety and Standards Authority of India has issued notices to six beverage companies for allegedly misbranding products and making unapproved promotional claims using the term energy drinks. The notices were sent on Wednesday as part of efforts to strengthen rules on food labelling and advertising. The companies named include Red Bull

11 March, 2026 BCN
Market Snapshot · 02 Jul 2026 Mkt Open 09:15 IST
Index / Asset Price Day Chg 52W High 52W Low
SENSEX 77481.73 +559.09 (+0.73%) 86159.02 71545.81
NIFTY 50 24162.3 +156.45 (+0.65%) 26373.2 22182.55
NIFTY BANK 57971.85 -61.2 (-0.11%) 61764.85 49954.85
USD/INR 95.36 +0.12 (+0.13%) 97.05 84.56
Gold (10g MCX) ₹1,51,852 +514 (-0.34%) ₹2,02,797 ₹1,24,218
Brent Crude $70.66 -0.91(-1.27%) $126.1 $58.72