MTF Insights — August 2026
India's combined NSE + BSE MTF book rose ₹9,836 crore (6.9%) in August 2026 to a record ₹1,52,507 crore on 31 Aug 2026 — the 6th-largest monthly rise since tracking began, and 55.3% higher than a year earlier. The book grew on 18 of 21 sessions. HDFC Bank added the most, ₹1,342 crore.
IndiaMTF · 31 Jul 2026 to 31 Aug 2026 · Tracking MTF data and analytics since 01 Jan 2021
Stocks
Largest changes in funded value over the month, among stocks present in both month-end files. The share column is the change in shares under margin, adjusted for splits and bonuses — it shows whether more stock was genuinely borrowed against, rather than a price move.
| Biggest additions | Book (₹ Cr) | Change | Shares |
|---|---|---|---|
 HDFC BankHDFCBANK | ₹3,796 | +₹1,342 | +61.3% |
 BSEBSE | ₹3,217 | +₹1,316 | +76.2% |
 Hindustan CopperHINDCOPPER | ₹900 | +₹404 | +74.2% |
 Power Finance CorporationPFC | ₹716 | +₹387 | +137.0% |
 Hindustan Petroleum CorporationHINDPETRO | ₹634 | +₹336 | +115.5% |
| Biggest unwinds | Book (₹ Cr) | Change | Shares |
|---|---|---|---|
 Multi Commodity Exchange of IndiaMCX | ₹422 | −₹425 | −51.3% |
 Bharat ElectronicsBEL | ₹1,288 | −₹264 | −17.4% |
 Larsen & ToubroLT | ₹877 | −₹252 | −22.8% |
 InfosysINFY | ₹1,146 | −₹228 | −17.5% |
 Steel Authority of IndiaSAIL | ₹376 | −₹143 | −30.0% |
New to the top 1,000 (49)
Baazar Style Retail₹102
Prime Focus₹63VOVedanta Oil and Gas₹60
Gujarat Energy₹54
Federal-Mogul Goetze (India)₹52VIVedanta Iron and Steel₹50
Triveni Engineering & Industries₹50
Capillary Technologies India₹49
Rainbow Childrens Medicare₹42+37 moreLeft the top 1,000 (49)
Indo Thai Securities₹195
HEG₹180
Sri Lotus Developers and Realty₹124
Diamond Power Infrastructure₹122HDHdfcamc - HDFCNEXT50₹61NEIcicipramc - ICICINXT50₹39E2E2E Networks₹38
Ajanta Pharma₹37
Oriental Hotels₹32
Rhetan TMT₹30
Stallion India Fluorochemicals₹29
Xpro India₹28+37 moreBorrowing versus price
Of the 199 largest positions with price history for both month-ends, 90 saw investors add shares under margin while the price fell. Share counts, not funded value, are compared here, because funded value moves with the price on its own; both are adjusted for splits and bonuses, and stocks with a demerger in the month are left out.
Investors added shares under margin while the price fell — leverage building into weakness.
- HDFC Bankshares +61.3% · price −5.2%
- BSEshares +76.2% · price −10.0%
- Reliance Industriesshares +5.3% · price −2.4%
Shares under margin and the price both rose — leverage following the move.
- Tata Consultancy Servicesshares +2.4% · price +1.4%
- Hindustan Coppershares +74.2% · price +6.9%
- State Bank of Indiashares +5.2% · price +3.2%
Shares were released from margin as the price fell — positions being cut or closed.
- Waaree Energiesshares −1.3% · price −2.8%
- Indian Railway Finance Corporationshares −2.1% · price −6.5%
- Zee Entertainment Enterprisesshares −11.7% · price −18.3%
The price rose while shares under margin fell — gains being taken off the table.
- Bharat Electronicsshares −17.4% · price +6.9%
- Infosysshares −17.5% · price +0.3%
- Nazara Technologiesshares −9.2% · price +9.9%
Day by day
Change in the combined book on each trading day. The largest single-day addition was +₹1,686 Cr on 04 Aug 2026; the largest fall was −₹277 Cr on 03 Aug 2026.
Sectors
Finance supplied 30% of the month's increase on its own. 5 sectors shrank while the book grew 6.9%, led by Technology Services.
| Largest additions | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Finance | ₹29,523 | +₹2,944 | +11.1% |
| Process Industries | ₹7,467 | +₹884 | +13.4% |
| Producer Manufacturing | ₹13,012 | +₹714 | +5.8% |
| Utilities | ₹6,272 | +₹709 | +12.8% |
| Health Technology | ₹4,440 | +₹651 | +17.2% |
| Sectors that shrank | Book (₹ Cr) | Change | % |
|---|---|---|---|
| Technology Services | ₹9,406 | −₹858 | −8.4% |
| Electronic Technology | ₹8,662 | −₹563 | −6.1% |
| Industrial Services | ₹4,760 | −₹351 | −6.9% |
| Consumer Services | ₹2,325 | −₹265 | −10.2% |
| Commercial Services | ₹1,497 | −₹72 | −4.6% |
NSE, BSE and concentration
NSE’s book moved +6.8% to ₹1,45,925 Cr and BSE’s +8.3% to ₹6,582 Cr, so BSE held 4.3% of the combined book. The ten largest positions held 11.9% of the whole book at month-end, 0.9 points more than a month earlier.
August in context
| Month | Book at month-end (₹ Cr) | Change |
|---|---|---|
| August 2026 | ₹1,52,507 | +6.9% |
| July 2026 | ₹1,42,671 | +1.4% |
| June 2026 | ₹1,40,751 | +7.2% |
| May 2026 | ₹1,31,317 | +9.1% |
| April 2026 | ₹1,20,334 | +9.6% |
| March 2026 | ₹1,09,786 | −8.1% |
Month-end is the last trading day in the archive for the month; changes compare 31 Jul 2026 with 31 Aug 2026. Sector figures sum each day’s largest positions on a fixed basis. See the methodology for every definition.