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Persistent Systems Q2 Revenue Hits $487.6M, EBIT Margin Slips to 15%Jakarta Composite Index Falls 8% Amid MSCI Downgrade Threat11 Firms, Including Federal Bank, to Release Q2 Results TodayGold Hits $4,177, Silver $57 as Fed Inflation Fears Weigh on Precious MetalsAarti, Blue Star Buy Calls; Craftsman Sell Picked for Oct 16Sensex Climbs 2.1% to 74,316, Nifty Gains 1.7% to 22,997ICICI Prudential Mutual Fund Stops Fresh Gold ETF FoFs Subscriptions from Oct 16Tonbo Imaging IPO Subscribed 3.99×, GMP Premium 71%Kospi Surges 1.80% on Asian Rally, Led by 0.6% MSCI Asia Pacific GainDeutsche Bank Upgrades Walmart to Buy, Citing Inflation-Driven Customer SurgePersistent Systems Q2 Revenue Hits $487.6M, EBIT Margin Slips to 15%Jakarta Composite Index Falls 8% Amid MSCI Downgrade Threat11 Firms, Including Federal Bank, to Release Q2 Results TodayGold Hits $4,177, Silver $57 as Fed Inflation Fears Weigh on Precious MetalsAarti, Blue Star Buy Calls; Craftsman Sell Picked for Oct 16Sensex Climbs 2.1% to 74,316, Nifty Gains 1.7% to 22,997ICICI Prudential Mutual Fund Stops Fresh Gold ETF FoFs Subscriptions from Oct 16Tonbo Imaging IPO Subscribed 3.99×, GMP Premium 71%Kospi Surges 1.80% on Asian Rally, Led by 0.6% MSCI Asia Pacific GainDeutsche Bank Upgrades Walmart to Buy, Citing Inflation-Driven Customer Surge
Nifty Gains on Wipro‑Infosys Surge, Eyes 56,000 Bank Target
Published: October 16, 2026
Wipro and Infosys rose 4‑5% after earnings, helping Nifty secure a second straight weekly gain after a three‑month lull. Nifty Bank now aims to breach 56,000, while investors focus on upcoming SEBI CAS norms and Jio Financial’s outlook.