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...
Watch Economy
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
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
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,
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
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
| 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 |

