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Wall Street Pepe ($WEPE) is making headlines with a viral presale that has already crossed the $60 million milestone. Budget with ETBudget m

Aggarwal on Friday unveiled the company's latest electric scooter portfolio, introducing improvements in efficiency and power. The Gen 3 platform introduces a dual anti-lock braking system (ABS) and Ola Electric’s patented brake-by-wire technology, increasing energy recovery by a claimed 15%.

Domestic benchmark index NSE Nifty gained 181.21 points to 23430.7, while the BSE Sensex traded 479.9 points up at 77239.71.

Indraprastha Gas Ltd (IGL) shares began trading on an ex-bonus basis, priced at Rs 199.20 as of 9:50 AM today. “This follows our previous letters dated December 10, 2024, and January 16, 2025, notifying shareholders of the approval for the issuance of bonus shares in a 1:1 ratio. We would like to inform that the Bonus Issue Committee has fixed Friday, January 31, 2025, as the 'Record Date' to determine shareholder eligibility for the bonus,” the company had announced in an earlier exchange filing.

The steelmaker's profit halved due to weak steel prices, exacerbated by cheaper imports into India, which weighed on earnings.

The NSE Nifty index traded 163.25 points up at 23412.75, while BSE Sensex was up 449.21 points at 77209.02 as of 10:34AM(IST)on January 31.

Macrotech Developers Ltd.(up 4.74 per cent), Oberoi Realty Ltd.(up 4.24 per cent), Godrej Properties Ltd.(up 2.33 per cent), Brigade Enterprises Ltd.(up 1.45 per cent) and Sobha Ltd.(up 1.35 per cent) were among the top gainers.

Wipro Ltd.(up 1.36 per cent), Infosys Ltd.(up 1.27 per cent), Tech Mahindra Ltd.(up 0.96 per cent), HCL Technologies Ltd.(up 0.54 per cent) and Persistent Systems Ltd.(up 0.42 per cent) were among the top gainers.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Nifty 50 Today Live Updates: At current prices Nifty 50, faces the below Resistance and Support levels On the last trading day, the Nifty 50 closed at 23163.10. This closing price reflects the performance of the index, which is a benchmark for the Indian equity market.

Shree Cement shares will be in focus on Friday, January 31, after the company reported a 69% year-on-year decline in net profit to Rs 229 crore for the December quarter, impacted by lower revenue from operations. While power and fuel costs fell over 27% YoY, weak cement prices offset the gains. The company, India’s third-largest cement producer, sold 8.77 million tonnes during the quarter, slightly lower than 8.89 million tonnes a year ago. Net revenue from operations dropped 13% to Rs 4,235 crore, while EBITDA declined 23% to Rs 947 crore from Rs 1,234 crore in the same period last year.

The Nifty futures closed positive with gains of 0.44%, reaching 23,249 levels on Thursday. India VIX fell more than 6% to close at 17.39 in the previous trading session.

Centrum Broking has a buy call on Emami with a target price of Rs 720. The current market price of Emami is Rs 571. Emami., incorporated in 1983, is a Mid Cap company with a market cap of Rs 25015.82 crore, operating in the FMCG sector. Emami's key products/revenue segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2024.

“Budget 2025 is expected to focus on priming the economy with GDP growth estimated at 6.5-6.8% in FY26,” says Amisha Vora, Chairperson and Managing Director PL Capital — Prabhudas Lilladher. In an interview with ETMarkets, Vora said: “Prioritizing sectors like railways, renewable energy, and logistics, defence, ports, infra, data centre, etc. while balancing fiscal discipline, could really accelerate economic momentum,” Edited excerpts: Thanks for taking the time out. The month of January started on a roller coaster note ahead of the big domestic event – Union Budget 2025. Do you see some recovery in the market post the event?

“India is at an inflection point in terms of per capita income, demography and manufacturing renaissance. This coupled with the 25-year vision of evolving into a developed economy makes the budget more a statement of intent,” says Jiten Doshi, Co-Founder and Chief Investment Officer Enam AMC. In an interview with ETMarkets, Doshi said: “Markets will particularly scrutinize the quality of spending and revenue assumptions to gauge the government's commitment to fiscal consolidation during this political transition,” Edited excerpts: The month of January started on a roller coaster note ahead of the big domestic event – Union Budget 2025. Do you see some recovery in the market post the event? (we are down over 10% from highs) We have witnessed among the fiercest, longest and broadest market move, since the 2020 pandemic. The roller coaster has navigated uncertainties of pandemic, wars, and sharp supply shocks.

Traders and portfolio manages are just like the rest of us – they have pride and shame, and they like to present themselves as successful.  So if you ask one of them about their recent performance, you’ll get a sort of edited highlights, with all the dumb trades they made left out, and quite possible a few smart trades that they didn’t make inserted into the historical record. Even without any intention to deceive, memory can be a surprisingly unreliable record.

Deutsche Bank isdoing a Citi. After cutting €200m in costs last year, removing 3,500 jobs from across the bank and getting 75% of the way through its program of «operational efficiencies,» it plans to cut another €300m in costs this year. It will do so, in part, by cutting managers. 

Hedge fund Citadel is no stranger to running competitions for students, or to hiring students who've won competitions like Olympiads. Its latest competition, open only to students in America, is usually pertinent, though: it wants people to help devise US monetary policy.

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Subscribe to enjoy similar stories. India's benchmark index Nifty50 extended its winning streak for the third consecutive session on Thursday and closed 86 points higher at 23,249.50. Taking cues from the global market, the index started the session with a muted opening at 23,169.50 and continued its bullish momentum, touching the intraday high of 23,322.

Bankers and brokers said a chunk of these shares could flood the market as various investors would look to book profits with the stock market precariously perched.