Across ETFs, corporate bonds and SME stocks, roughly INR 19,028.4 crores changed hands this week (3 to 7 August), alongside another INR 23,881.1 crores in block and bulk deals. Silver themed ETFs and global tech funds, last week's laggards, led the gainers this week, corporate bonds kept adding to a broad, multi week rally in prices, and SME breadth stayed mixed. Two large ownership transfers, both settled through paired block and bulk disclosures, stood out in smart money activity. Here is the detail, based on insights from bhavcopydata.com.
ETFs, silver funds and last week's laggards both rebound
ETF turnover for the week came to INR 17,773.9 crores, with breadth strongly positive. 306 symbols closed up, 26 closed down, against 10 flat. Three symbols touched a new 52 week high and one touched a new low.
Top gainers split across two clear groups. First, a broad rally in ETFs tracking silver, SILVER360 (+8.0%), SILVER1 (Kotak Silver ETF, +6.8%), SILVERCASE (+6.8%), SILVERBEES (Nippon India ETF Silver BeES, +6.8%), SILVERAXIS (Axis Silver ETF, +6.7%), and TATSILV (+6.5%), all moving within a percentage point of each other, a sign of a genuine move in the underlying silver price rather than any single fund. Second, a rebound in the same global tech and Nasdaq linked funds that were last week's biggest losers, MAFANG (tracking the NYSE FANG+ index, +11.1%), MON100 (Motilal Oswal Nasdaq 100 ETF, +7.8%), and MASPTOP50 (S&P 500 Top 50 index, +6.7%). All three fell between 5% and 7% the week before, so this reads as a genuine reversal rather than a new trend.
Top losers were mild by comparison, nothing beyond a 2.2% decline, led by GROWWCAPM (Nifty Capital Markets index, -2.2%) and HNGSNGBEES (Hang Seng index, -2.2%). That gap between the size of the week's gains and losses lines up with the strongly positive breadth above.
The heaviest turnover, as usual, sat in the largest and most liquid funds, SILVERBEES (INR 3,087.8 crores, +6.8%), LIQUIDBEES (INR 1,571.3 crores, flat), GOLDBEES (INR 1,466.8 crores, +5.4%), LIQUIDCASE (INR 1,050.1 crores, flat), and NIFTYBEES (INR 784.3 crores, +0.9%).
Corporate Bonds, the rally now extends to a second straight week
Corporate bond breadth was positive again this week, 179 symbols up, 93 down, 31 flat, on INR 38.3 crores of total turnover. 43 symbols touched a new 52 week high this week, against just 9 new lows, continuing the same broad based rally in bond prices we wrote up last week (35 new highs then).
As always with this instrument, turnover and trade count matter as much as price when reading the biggest single name moves. This week's top mover on paper, 925SCL28C, was up 45.3%, on turnover of just INR 1.6 lakhs for the entire week, too thin to treat as a real price signal. The names that actually carried the week's volume, 975SCL28A (INR 3.5 crores), 734IRFC28 (IRFC, INR 1.1 crores), 96IIFL28A (IIFL, INR 1.1 crores), 930APMD30 (INR 1.0 crores), and 830NHAI27 (NHAI, INR 1.0 crores), all moved by under 2%, the more representative picture of the segment this week.
SME, breadth stays mixed but the week's biggest movers were also its most traded
SME breadth was close to flat this week, 274 up against 242 down, 19 flat, on INR 1,216.3 crores of turnover. New 52 week lows (24) outnumbered new highs (13), a mild negative tilt.
Top gainer, EEPL (Eppeltone Engineers Ltd), up 42.1% on turnover of INR 14.4 crores, followed by PRESSTONIC (Presstonic Engineering Ltd, +32.4%), ARABIAN (Arabian Petroleum Limited, +29.6%), and FORGEAUTO (Forge Auto International Ltd, +27.5%).
Top losers, GSMFOILS (GSM Foils Limited, -34.2%), POLYSIL (Polysil Irrigation Systems Ltd, -34.1%), and MVKAGRO (M.V.K. Agro Food Products Ltd, -26.7%). MVKAGRO is worth a specific note since it was also among the week's most traded SME names, at INR 25.8 crores, so unlike a thin, one sided print, this reads as a real, liquid decline.
Several of the week's most traded SME names were also its biggest movers, AIMTRON (INR 81.7 crores, +19.5%), VMARCIND (INR 78.1 crores, +13.8%), OBSCP (INR 44.5 crores, +13.9%), and GANESHIN (INR 21.5 crores, +20.1%), which supports these as genuine moves rather than noise from thin trading.
Smart Money, two large ownership transfers and one clean institutional buy
Block and bulk deals combined for INR 23,881.1 crores across 93 symbols this week. Note that this total counts some prints twice, since a handful of large crossing deals get disclosed in both NSE's block deal and bulk deal files for the same date, price and quantity, a known duplication in the underlying data we have flagged before, not a pipeline issue on bhavcopydata.com.
The week's two largest prints were both like for like transfers rather than open market bets. On 3 August, Ardour Investment Holding Ltd sold its full 1.7 crore share position in Adani Green Energy Ltd (ADANIGREEN) at INR 1,400, picked up in full by Adani Infra (India) Limited, a transfer worth INR 2,380.0 crores. Both counterparties share the same corporate group, so this reads as an internal restructuring rather than a market signal.
On 6 August, CreditAccess Grameen Ltd (CREDITACC) saw its own version of the same story. CreditAccess India B.V., the parent entity, sold 36.6 lakh shares at INR 1,482, worth about INR 542.0 crores, picked up across several institutions in the same session, Goldman Sachs Investments Mauritius I Limited (6.4 lakh shares, INR 95.0 crores), Blackstone Directional Managed Account Platform (6.4 lakh shares, INR 94.1 crores), and Eastspring Investments India Consumer Equity Open Fund (4.6 lakh shares, INR 68.6 crores). A clean, priced, single sitting handoff from one parent entity to multiple institutional buyers, the same shape as the IIFL story we wrote up two weeks ago.
The clearest accumulation story of the week was smaller in size but had no offsetting sale in the same window. On 6 August, HDFC Mutual Fund bought 64,547 shares of Neuland Laboratories Ltd (NEULANDLAB) at INR 21,585, worth INR 139.3 crores, the week's cleanest single directional buy.
On the other side, Indegene Limited (INDGN) saw the week's largest net reduction after CreditAccess Grameen. Across 6 August, BPC Genesis Fund I SPV Limited and a related BPC Genesis SPV entity sold a combined 2.1 crore shares at INR 525, picked up mainly by Quant Mutual Fund (95.2 lakh shares, INR 500.0 crores) and ICICI Prudential Mutual Fund (67.7 lakh shares, INR 355.3 crores), the same early investor to institution pattern as the two transfers above.
One smaller print is worth flagging since it triggered the site's own automated crossover check. On 7 August, Trident Group Limited, the promoter entity behind Trident Limited (TRIDENT), bought 13 crore shares from Madhuraj Foundation at INR 24.90, worth INR 323.7 crores, again disclosed in both the block and bulk files for the day.
Track the full list, updated daily, on the Smart Money page.
All figures are from NSE end of day bhavcopy data for 3 to 7 August 2026, as published on bhavcopydata.com. See the ETF, Corporate Bonds, and SME pages for the full daily breakdown, and follow the author at @psanivarapu for more.