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 will tell you -- Reason behind Tata Motors sharp U-turn- Update on Tasty Bite- Sensex Movers- Insider Trading details in Vedanta Block deals in Tata Motors, NTPCReversing Thursdays losses, Tata Motors ended a good 3.69 per cent higher at Rs 271.15 apiece on BSE after 10 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.
Tasty Bite rises on buyback moveThe companys board has approved buyback of 59,530 preferential shares for up to Rs 12.2 crore.
Shares closed at Rs 7,365 apiece, up 0.83 per cent.