Across ETFs, corporate bonds and SME stocks, roughly INR 18,292.7 crores changed hands this week (17 to 21 August), alongside another INR 39,891.7 crores in block and bulk deals. ETF breadth stayed negative for a second straight week even as precious metal funds rallied hard, corporate bonds kept extending their multi week rally, one new SME listing doubled on its first day while another fell sharply in its first week, and a single large ownership transfer in a hospital chain headlined smart money activity. Here is the detail, based on insights from bhavcopydata.com.
ETFs, silver and gold rally while IT funds lag
ETF turnover for the week came to INR 16,650.1 crores, with breadth staying negative for a second straight week. 133 symbols closed up, 211 closed down, against 3 flat. Five symbols touched a new 52 week high and one touched a new low. Turnover dipped early in the week, from INR 2,940.4 crores on 17 August to INR 2,357.5 crores on 18 August, then climbed steadily through the back half to INR 4,608.8 crores by 21 August, the opposite pattern from the fading turnover seen the week before.
Top gainers were dominated by precious metals. Kotak Silver ETF (SILVER1, +5.48%), Mirae Asset Silver ETF (SILVERAG, +5.47%), Bandhan Silver ETF (SILVERBND, +5.43%), Invesco India Gold ETF (IVZINGOLD, +5.40%), and Edelweiss Silver ETF (ESILVER, +5.40%) made up four of the week's top five movers, both metals rallying together rather than one alone.
Top losers were led by IT sector funds. DSP Nifty IT ETF (ITADD, -3.15%), UTI Nifty IT ETF (ITBETA, -2.94%), Kotak Nifty IT ETF (IT, -2.94%), Mirae Asset Nifty IT ETF (ITETF, -2.74%), and Nippon India ETF Nifty IT (ITBEES, -2.70%), four separate funds tracking the same IT index, all falling within half a percentage point of each other, a genuine sector level move rather than noise in a single fund. Groww Nifty Chemicals ETF (GROWWCHEM, -3.08%) was the only non IT name among the week's biggest losers.
The heaviest turnover again sat in the largest and most liquid funds, Nippon India ETF Silver BeES (SILVERBEES, INR 2,948.2 crores, +5.29%), Nippon India ETF Gold BeES (GOLDBEES, INR 1,746.5 crores, +4.95%), Nippon India ETF Liquid BeES (LIQUIDBEES, INR 1,263.1 crores, flat), Zerodha Nifty 1D Rate Liquid ETF (LIQUIDCASE, INR 817.9 crores, +0.09%), and Nippon India ETF Nifty BeES (NIFTYBEES, INR 656.7 crores, -0.57%). Both precious metals and the broad market benchmark carried real volume, but only the metals gained.
Corporate Bonds, the rally extends to a fourth straight week
Corporate bond breadth stayed positive for a fourth straight week, 154 symbols up, 110 down, 29 flat, on INR 54.1 crores of total turnover. 35 symbols touched a new 52 week high this week, against 10 new lows, a wider positive gap than the week before.
As always with this instrument, turnover and trade count matter as much as price when reading the biggest single name moves. This week's largest movers on paper, 840IRFC29 (up 14.15%) and 925SCL28C (down 19.35%), traded on turnover of INR 8.83 lakhs and INR 58,395 respectively across the whole week, too thin to treat as a real price signal. Several other names moved by double digits on turnover as low as INR 8,118 for the week. The one bond that did carry real volume was 905SCL36 (SCL 9.05% 2036), up a modest 0.74% on INR 17.13 crores of turnover, almost all of it concentrated in a single session on 19 August, the segment's largest print of the week. The names that carried the rest of the week's volume, 852MFL31 (INR 2.1 crores), 830NHAI27 (INR 2.0 crores), 9SCL26BA (INR 1.9 crores), and 930APMD33 (INR 1.5 crores), all moved by under 1%, the more representative picture of the segment this week.
SME, one new listing doubles on debut while another falls sharply in its first week
SME breadth turned negative for a second straight week, 247 up against 282 down, 11 flat, on INR 1,588.5 crores of turnover. New 52 week lows (25) outpaced new highs (17) this week, a reversal from the close balance seen the week before.
Two names that stand out this week were not really weekly movers in the usual sense, both are new listings whose first trading day fell inside this window. Credent Connect N Care Ltd (CREDENT) debuted on 20 August against an INR 189.00 reference price and closed its first day at INR 377.05, up 99.5%, on real turnover of INR 92.0 crores across 25.11 lakh shares. It eased slightly to INR 375.00 the next day on another INR 36.1 crores, together the week's single most traded SME name at INR 128.1 crores. Sunrest Life Ltd (SUN-RE) had a much rockier start. It debuted on 18 August against an INR 9.65 reference price and fell by roughly 40% on each of its first three sessions, down to INR 1.90 by 21 August, a combined 80.3% decline. Turnover across all four of its trading days stayed under INR 3 lakhs total, thin enough that the fall looks more like a near total absence of buyers than heavy active selling.
Among stocks that were already trading before this week, top gainers included Happy Steels Limited (HAPPY, +37.72%) on INR 11.9 crores of turnover and Supreme Power Equipment Limited (SUPREMEPWR, +25.72%) on INR 14.6 crores, both carrying enough volume to treat the moves as real. United Heat Transfer Ltd (UHTL, +27.55%) also carried reasonable turnover at INR 3.6 crores. Kalana Ispat Limited (KALANA, +27.56%) and Giriraj Civil Devp Ltd (GIRIRAJ, +27.38%) moved on much thinner turnover, under INR 0.5 crores each.
Top losers included Teja Engineering Ind Ltd (TEJA, -38.26%) on INR 2.9 crores of turnover and M.V.K. Agro Food Prod Ltd (MVKAGRO, -22.56%) on INR 12.5 crores. Jay Jalaram Techno Ltd (KORE, -27.94%), Owais Metal and Mineral (OWAIS, -22.45%), and Teerth Gopicon Limited (TGL, -22.44%) all fell on thin turnover of under INR 1 crore each. None of the week's movers, gainers or losers, carry a corporate action flag in the data.
Several of the week's most traded SME names were also among its biggest movers, FLYSBS (INR 65.1 crores, +25.63%), ORIANA (INR 64.6 crores, -8.15%), and VMARCIND (V Marc India Limited, INR 51.0 crores, +7.48%). ANAWIL (Anawil Wire and Engineering Ltd), the name behind last week's sustained multi day rally, remained the fourth most traded name in the segment at INR 58.2 crores, though its pace cooled to a more modest 10.63% gain this week.
Smart Money, a single INR 4,451 crore ownership transfer headlines a heavy selling week
Block and bulk deals combined for INR 39,891.7 crores across 121 symbols this week, only 45 net buyers against 76 net sellers, a net outflow of roughly INR 7,552.3 crores. As with prior weeks, 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 flagged in earlier posts, not a pipeline issue on bhavcopydata.com.
The week's single largest print came on 19 August, when Centella Mauritius Holdings Limited sold its 5.81 crore share position in Aster DM Quality Care Ltd (ASTERDM) at INR 766.17, a stake worth INR 4,451.4 crores. The buy side was picked up broadly, HDFC Mutual Fund across two separate tranches (97.89 lakh and 52.21 lakh shares, INR 1,149.9 crores combined), Citigroup Global Markets Singapore Pte Limited (52.88 lakh shares, INR 405.1 crores), Integrated Core Strategies Asia Pte Ltd (49.95 lakh shares, INR 382.6 crores), and Kotak Mahindra Mutual Fund (45.68 lakh shares, INR 350.0 crores), a broad institutional pickup of what reads as an early investor's exit.
One 97 Communications Ltd (PAYTM) carried the week's second large print. Resilient Asset Management B V sold 1.92 crore shares at INR 1,535.10, worth INR 2,948.9 crores, on 18 August. The buy side was unusually fragmented, spread across more than 40 separate institutions and funds in the disclosure, led by Societe Generale (28.4 lakh shares, INR 436.0 crores), SBI Mutual Fund across four separate tranches (roughly 50.9 lakh shares, INR 780.9 crores combined), and Goldman Sachs Bank Europe SE (22.55 lakh shares, INR 346.2 crores).
Kfin Technologies Limited (KFINTECH) saw a similar pattern on 20 August. General Atlantic Singapore Fund Pte Ltd sold 1.51 crore shares at INR 925.00, worth INR 1,400.0 crores. Invesco Mutual Fund (43.24 lakh shares, INR 400.0 crores), Mirae Asset Mutual Fund (25.62 lakh shares, INR 237.0 crores), and Kotak Mahindra Mutual Fund (20.0 lakh shares, INR 185.0 crores) led a wide mutual fund base stepping in as the private equity investor stepped back.
Embassy Office Parks REIT (EMBASSY) saw APAC Company XXIII Limited sell a combined 5.35 crore units across two separate trades on 17 August, at INR 435.05 and INR 435.01, worth INR 2,325.3 crores together. No matching large buy print appears in the same window, so these units were absorbed by the wider market rather than another single large institutional buyer.
The week's clearest net buying came in Himadri Speciality Chemical Ltd (HSCL). VT Capital Market Pvt Ltd bought 56.69 lakh shares at INR 736.65 (INR 417.6 crores) and sold 24.64 lakh shares at INR 761.99 (INR 187.7 crores) on the same day, 19 August, a net purchase of roughly INR 229.9 crores, the week's largest net buy across all symbols.
Track the full list, updated daily, on the Smart Money page.
All figures are from NSE end of day bhavcopy data for 17 to 21 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.