Bitcoin hovered near $79,000 as investors awaited US inflation data for clues on Federal Reserve policy. Softer inflation could revive rate-cut hopes, while hotter data may reinforce higher-for-longer expectations. Ethereum and major altcoins also declined, while institutional crypto demand strengthened through ETF inflows despite recent volatility and mixed macro signals.
ADIA’s Indian equity portfolio gained 2% in CY26 to Rs 3,792 crore, with six holdings rising 10%-107%. Paras Defence led gains, while Firstsource Solutions, DOMS Industries, Star Cement and Samhi Hotels declined. Jupiter Life Line was newly added.
Nikhil Kamath’s growing WTF and WTFund profile has ended years of confusion with brother Nithin. Nithin also recalls Zerodha’s early press breakthrough, which nearly doubled monthly account openings and revealed an unexpected growth opportunity.
Nifty faces continued bearish pressure after a fourth weekly decline, with 23,750-23,700 as crucial support and 24,150-24,200 resistance. Analysts expect volatility to stay subdued, while Bank Nifty remains range-bound. BSE, Groww and Angel One also await decisive breakouts for direction.
Motilal Oswal AMC is favouring high-growth themes including defence, renewables, hospitals, digital businesses and capital markets, while limiting exposure to large banks, IT, commodities, FMCG and traditional vehicles. Its concentrated, high-beta strategy targets sustained earnings growth and alpha.
Karamtara Engineering has set its Rs 875 crore IPO price band at Rs 241-254, with subscription opening September 9. The renewable energy and transmission products maker reported strong FY26 growth, while its diversified manufacturing portfolio supports expansion across global markets.
GQG Partners’ Adani Energy Solutions stake sale added unexpected supply during MSCI’s rebalancing auction, overwhelming passive-fund demand and contributing to a 10% stock decline. Hedge funds positioned for index-driven buying were also affected. About $569 million of shares changed hands, while GQG’s stake had fallen to 3.46% by August-end.
NSE’s IPO moved closer to launch after Sebi approved its draft offer document, with the proposed Rs 30,000-crore issue likely to list on BSE. The OFS could involve nearly 6% stake, with several shareholders selling. Strong financials, dominant derivatives market share and premium unlisted valuation make it a closely watched offering.
MF Performance
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