On Friday, July 29, Indian equities ended the trading session lower after the Bank of Japan held its interest rate steady at -0.1%, but decided to expand annual ETF purchases and increased its dollar-denominated lending program, thus disappointing most market players. Data on the country’s international currency reserves will also come out today. By the close, the Nifty 50 Index dipped 0.32% to 8,638.50, while the BSE Sensex 30 Index tumbled 0.66% to 28,051.82.As regards Nifty 50 components, Friday’s best plays were Eicher Motors, Adani, and Zee Entertainment (up over 2.5%). Laggards were led by Bharat Heavy Electricals, ICICI Bank, and Bharti Airtel (down more than 2.3%). BSE Sensex 30 underperformers were ICICI Bank, Bharti Airtel and Vedanta. On the other side of the ledger, Bajaj Auto, Cipla, and Tata Power chalked up gains.In the currency market, USD/INR rose 0.02% to 67.034, while EUR/INR firmed 0.3% to 74.463. The 10-yeargovernmentbondyieldreached 7.19%. In corporate developments, India’s second-biggest lender by assets, ICICI Bank, pulled back 3.35%, on expectations of a quarterly earnings report.Shares of engineering firm Larsen & Toubro dropped for the second session in a row prior to the release of its financial statement for the quarter ending June. Auto makers Bajaj Auto and Tata Steel (up over 1.3%) saw strong demand. Eicher Motors stocks soared 6.45% on pre-tax earnings of Rs 376 crore against Rs 237 crore a year earlier. Blue Dart Express shares tumbled 1.5% on lower quarterly earnings. Technically, the BSE Sensex 30 Index has traded within an ascending wedge, with price action seen near the upper bound of the pattern at 28,250. Stochastic lines are in overbought territory, although the bears are unable to push for a stronger correction.