Axis Direct has identified three stocks with strong technical setups and bullish momentum for August. Ramkrishna Forgings, Endurance Technologies and 360 ONE WAM have shown decisive breakouts and positive trend structures, with the brokerage providing specific buying ranges, stop-loss levels and upside targets.
MF holdings declined across 83 BSE smallcaps in June 2026 after two quarters of accumulation. Among these, 15 stocks posted 20% or steeper CY26 declines, including Inox Wind, KEC International, Latent View Analytics and Afcons Infrastructure, highlighting divergent performance and reduced institutional exposure across several smallcap counters.
The US Senate is moving to advance the Clarity Act, which aims to establish a comprehensive regulatory framework for cryptocurrencies. A key procedural vote is expected after the August recess, but the bill faces a 60-vote hurdle and resistance from Democrats seeking stronger safeguards.
Intel shares fell after the company announced the offering, as investors worried about share dilution
Wipro’s exit from the Nifty 50 and BSE’s inclusion highlight the shifting composition of India’s benchmark index. The move comes as IT stocks face concerns over AI disruption and weakening investor interest. Wipro shares are down sharply in 2026, while the combined Nifty 50 weight of India’s top IT companies has fallen.
US officials are working to strengthen domestic manufacturing supply chains as foreign investment rises under President Donald Trump’s tariff and deregulation policies. Officials are seeking to help small and medium-sized suppliers expand capacity, speed up foreign investment reviews and rebuild US industrial capacity amid growing demand from overseas manufacturers.
Leopold Aschenbrenner’s AI-focused hedge fund, Situational Awareness, lost around $35 billion in weeks after leveraged bets on AI stocks turned sour. Despite the sharp losses, the 25-year-old fund manager is seeking fresh capital from existing backers. The episode highlights the risks of concentrated portfolios, heavy leverage and conviction-driven investing.
Veteran investor Michael Burry said Berkshire Hathaway has lost its investment appeal after Warren Buffett’s succession, arguing that Greg Abel may lack Buffett’s patience for major opportunities. Burry also flagged concerns over Berkshire’s large cash pile, saying its recent moves appear more strategic than investment-focused.
MF Performance
Major Indices
