INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The stock market has its own mind!
On Friday, domestic equities broke ranks with sinking global peers as the trade war between
the US and China began officially
The bulls did lose some momentum in the later part of the day but still went home with decent gains
The SP BSE Sensex closed 83 points higher at 35,657, while the Nifty50 added 22.90 points to close at 10,772.
In today's After Market, we
lakh shares changed hands in a block deal
NTPC closed lower for third consecutive day after 35 lakh shares changed hands in two block deals on NSE and BSE
TCS on a high ahead of Q1 NosShares of IT giant Tata Consultancy Services hit a fresh lifetime high of Rs 1,920 apiece
The company is slated to announce June quarter earnings on Tuesday
The stock ended at Rs 1,913 per share.
Who moved your SensexReliance Industries, TCS, Hero MotoCorp, Tata Motors and LT were the major
contributors to index gains
MM, Kotak Mahindra Bank and Bajaj Auto were the other contributors.
106 stocks poised to riseTechnical indicator MACD showed 106 stocks,
including Ashok Leyland, Jet Airways and Adani Power, are set to rise in the coming sessions
On the other hand, MACD showed bearish crossovers in 20 stocks, indicating that these scrips are all set to fall.
Insider tradesBSE data
showed Aayojan Resources, the promoter of Atul, acquired 902 equity shares via market purchase on Friday
The stock closed 3 per cent higher at Rs 2,709
Gautam Kapadia, an employee of Vedanta, has disposed of 5,000 shares through open market sale
The stock closed 0.72 per cent lower at Rs 219.
Call/Put writingOn the options front, maximum Put open interest stood at 10,600 followed by
10,700 while maximum Call OI was at 10,800, followed by 11,000
There was Put writing at strike prices 10,700 and 10800, while Call writing was seen at 10,800
The options band signified an immediate trading range between 10,660 and 10,835 levels
Shares closed at Rs 7,365 apiece, up 0.83 per cent.