Trade Setup for October 24: Nifty faces hurdles at higher levels but uptrend intact
The Nifty completely erased its morning gains as index heavyweights slipped from their opening highs. Nevertheless, the short-term trend remains strong.
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Volvo Cars shares surge 40% after strong Q3 profit beat, on track for best day ever
The company’s shares, listed on Nasdaq Stockholm, were last up about 40%, marking their biggest intraday jump since the firm’s debut four years ago.
Hero MotoCorp enters UK market in partnership with MotoGB, launches Euro 5+ range
Hero MotoCorp has partnered with MotoGB to debut in the United Kingdom with its Euro 5+ range, led by the Hunk 440, marking its 51st international market entry.
Multicoin Capital’s Kyle Samani sees Solana activity and crypto M&A picking up ahead of 2026
Kyle Samani, Co-founder and Managing Partner at Multicoin Capital added that crypto adoption continues to grow faster outside the United States. “People in many countries understand the benefit of holding a dollar in their phone without a bank account,” he…
SEBI proposes first investment in new mutual fund folios only after KYC compliance
SEBI has proposed a standardised process for opening new mutual fund folios, allowing the first investment only after KYC verification by a KYC Registration Agency. The move aims to reduce errors, improve investor communication, and ensure compliance with regulatory norms.
Colgate-Palmolive Q2 results in line with estimates; profit dips, declares ₹24 dividend
Colgate-Palmolive India’s Q2 results were broadly in line with estimates as profit dipped amid GST-led disruptions. The company announced a ₹24 interim dividend.
Cipla partners with Eli Lilly to market tirzepatide in India under brand Yurpeak
Under this strategic arrangement, Cipla will distribute and promote Yurpeak, marking the second brand of tirzepatide to be launched in the country. Shares of Cipla Ltd ended at ₹1,645.00, down by ₹18.60, or 1.12%, on the BSE.
Premier Energies to acquire 51% stake in KSolare Energy for ₹86.7 crore
KSolare, incorporated in 2012, manufactures on-grid, off-grid, and hybrid solar inverters and provides smart energy solutions. The company operates a production facility in Pune with an annual capacity of 500,000 inverters and reported revenue of ₹342 crore in fiscal 2025,…
Autos see early festive boost, but rising costs and weak passenger vehicle sales limit gains
India’s auto industry had a mixed July–September quarter of 2025 (Q2FY26) — tractors led growth while passenger vehicles stayed soft. Two-wheelers gained momentum, and experts like Elara Capital’s Jay Kale see Maruti Suzuki, TVS Motor, and M&M as top picks.…
Reliance Industries shares reclaim second spot in Nifty 50 weightage; Stocks set for best year in five
HDFC Bank continues to have the top position with a 13.1% weightage, while Reliance Industries now has 8.4%, overtaking the 8.2% of ICICI Bank, according to data compiled by CNBC-TV18. At the start of the year, Reliance Industries had a…