The benchmark indices in India opened higher but then plunged 1% from the day's high, though they recovered somewhat to end the session 0.1% higher. The Sensex closed at 28,330, up 40 points, while the Nifty finished at 8,778, gaining 9 points. Specific sector indices like IT and technology saw gains of 1.6% each, while metal and banking stocks declined. The rupee appreciated against the U.S. dollar, and pharmaceutical company Lupin reported a 21% rise in quarterly net profit. European and U.S. stock futures were little changed at the time.

1. 09-02-2017

2. PRUDENT EVENING EDITION
After rising nearly half a percent in the opening trade, benchmark indices immediately plunged a
percent from the top of the day but recouped quite a bit of the lost ground through rest of the
session to end 0.1% higher. Sensex settled at 28330, up 40 points while Nifty added 9 points to finish
at 8778. BSE mid-cap and small-cap indices gained 0.2% each.
BSE IT and Teck indices soared 1.6% each, becoming top gainers among the sectoral indices while
Metal index and Bankex were the top losers, down 0.7% and 0.5% respectively. Infratel and ZEEL
added 2.6% and 2.3% respectively to becoming top Nifty gainers while Hindalco andd Cipla gave
away 2.6% and 2.4% respectively, becoming top losers. BSE advance-decline ratio stood at 1:1.06.
Rupee was trading at 67/$, appreciating 19 paise compared to previous close.
Lupin posted a 21% y-o-y increase in third quarter net profit at Rs 633 cr. Revenue rose 26% to Rs
4483 cr. EBIDTA margin stood at 27.1%.
Main European markets were trading with modest gains
US stock futures were little changed.