Weekly News Update : 31 August, 2026a

  • MF Update: Mid-Cap Funds Overtake Large-Cap as Largest SIP Category
    AMFI-Crisil Factbook data, released on 24 August 2026, show that mid-cap funds replaced large-cap funds as the top SIP category by March 2026. Small-cap, multi-cap and thematic categories also gained share, reflecting evolving investor preferences over the five years.
  • Economy Update: Government Achieves 78% of FY27 Disinvestment Target in Five Months
    The Centre raised ₹62,124 crore through disinvestment and asset monetisation in April–August 2026, meeting about 78% of the ₹80,000-crore FY27 target. Proceeds included minority stake sales in LIC, Coal India and others, plus InvIT monetisation; the pace supports the 4.3% fiscal-deficit goal.
  • Auto Industry Update: Tata Motors Unveils Tata.Cars Brand for Passenger Vehicle Business
    Tata Motors on 27 August 2026 launched Tata.Cars as the new customer-facing identity for its passenger vehicle business, alongside Tata.ev for its electric vehicle range, following the demerger of its commercial vehicles division. The move aims to align the brand with evolving Indian consumer aspirations.
  • Corporate Trends: SEBI Clears Jio Platforms IPO, Potentially India’s Largest Listing
    SEBI issued its observation letter on 28 August 2026 for Jio Platforms’ draft prospectus, allowing a fresh issue of up to 27 crore shares. The offering is estimated at around ₹37,700 crore, with proceeds earmarked mainly for subsidiary debt repayment; it would be India’s largest IPO if completed at that scale.

Particulars Price as on 28th Aug’ 2026 Price as on 21st Aug’ 2026 Change %
S&P BSE Sensex 77,264.51 77,540.83 -0.36% ⬇️
Nifty 50 24,175.65 24,252.00 -0.31% ⬇️
Nasdaq 26,402.42 26,180.46 0.85% ⬆️
Gold 999 (10 Gms) ₹ 1,59,578 ₹ 1,60,620 -0.65% ⬇️
Silver 999 (1 Kg) ₹ 2,43,892 ₹ 2,46,630 -1.11% ⬇️
WTI USD Crude Oil 82.78 86.34 -4.12% ⬇️
USD/INR ₹ 95.3862 ₹ 95.7100 0.34% ⬆️

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