Top Stories (22/10/2016)

Dow Jones industrial average fell 16.64 points, or 0.09 percent, to 18,145.71, the S&P 500 lost 0.18 points, or 0.01 percent, to 2,141.16 and the Nasdaq Composite added 15.57 points, or 0.3 percent, to 5,257.40.

Software services provider Wipro has reported a 0.9 percent growth in consolidated profit at Rs 2,070.4 crore compared with Rs 2,051.9 crore in preceding period. Q3 dollar revenue guidance disappoints

Oil and gas exploration company Cairn India surpassed analysts' expectations on quarterly earnings front Friday. Consolidated profit increased more than two-fold to Rs 778.7 crore, the highest in last six quarters, compared with Rs 359.55 crore in previous quarter, driven by strong operational performance and forex gain.

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