In the past week, Ethereum was up 29.7%. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, and Cardano rallied upto 56.3%. The global crypto market capitalisation went up $2.2 trillion to $2.53 trillion in one week, according to Coingecko.

Also Read | Explained: 5 reasons why skipping SIPs may affect your long-term wealth creation Nischal Shetty, Founder, WazirX said crypto markets recorded a strong weekly recovery as improving liquidity expectations outweighed pressure from elevated oil prices and long-term bond yields. Reduced expectations of further Federal Reserve tightening, Treasury buybacks and a weaker US dollar supported risk appetite.

“Bitcoin moved from a bearish technical setup into a bullish daily structure as buyers cleared the $64,000, $70,000 and $74,000 levels. Crypto ETFs recorded approximately $1.45 billion in net inflows across four consecutive sessions this week, reversing roughly $220 million in outflows during the preceding three sessions”

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Shetty further said the strongest daily inflow approached $710 million which sustained return of capital coincided with rising crypto prices, indicating institutional participation and improving market confidence.
In the past 24 hours, Bitcoin was up 2.8% and Ethereum was up 3% to trade at $2,440 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, Cardano rallies upto 19.7%. The global crypto market capitalisation went up 3.1% to $2.71 trillion, according to Coingecko.Bitcoin is trading near $78,000 after rising more than 18% from the $63,000 region earlier this week, while Ethereum is near $2,500, said Riya Sehgal, Research Analyst, Delta Exchange.

Strong Bitcoin ETF inflows have supported prices even after more than $4 billion in crypto shorts were liquidated. On-chain data also shows some distribution from long-term Bitcoin holders, so continued selling near higher levels will be worth watching, Sehgal further said.

On Bitcoin crossing $75,000 mark, SB Seker, Head of APAC, Binance said Bitcoin’s move back above the $75,000 mark is a notable sign of renewed participation after a period of heightened volatility and macro uncertainty.

Also Read | HDFC and Axis Mutual Fund resume subscriptions in gold ETFs and gold ETF FoFs

Market perspective

Prateek Gupta, Head of Business, Mudrex

Bitcoin has pushed to around $79,000, continuing to rally supported by Treasury buybacks and Trump’s White House crypto summit. A weekly close near current levels, followed by a monthly close above $80,000, could confirm a sustained rally toward $85,000. Meanwhile, $70,000 remains the key support as break below it could trigger a pullback toward $65,000.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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According to a notice cum addendum these changes in the features of schemes are for the purpose of alignment with “Part IV – Categorization and Rationalization of Mutual Fund Schemes” of the SEBI Master Circular for Mutual Funds dated March 20, 2026.

Also Read | Explained: 5 reasons why skipping SIPs may affect your long-term wealth creation

JioBlackRock Flexi Cap Fund will now invest 65-100% in equity and equity-related instruments of large cap, mid cap and small cap companies, 0-35% in money market instruments, other liquid instruments and units of mutual fund, 0-20% in units of gold and silver ETFs, and 0-10% in units issued by InvITs.

Earlier the allocation in this flexicap fund was 65-100% in equity and equity-related instruments of largecap, midcap and smallcap companies, 0-35% in debt and money market instruments and 0-10% in units issued by REITs and InvITs.

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JioBlackRock Large Cap Fund will now allocate 80-100% in equity and equity-related instruments of largecap companies, 0-20% in equity and equity-related instruments of other than large cap companies, 0-20% in money market instruments, other liquid instruments and units of mutual fund, 0-20% in units of gold and silver ETFs and 0-10% in units issued by InvITs.
JioBlackRock Sector Rotation Fund, a sectoral fund, which earlier allocated its assets in equity and equity related instruments, other equity and equity related instruments and debt and money market instruments will now also allocate in money market instruments, other liquid instruments and units of mutual fund, units of gold and silver ETFs and units issued by InvITs.The JioBlackRock Arbitrage Fund which allocated its assets only in equity and equity related instruments including equity derivatives and debt and money market instruments including the margin money deployed in derivative transactions will now also allocate its money in Gold ETF, Silver ETF and ETCD.

For the JioBlackRock Liquid Fund, the 91 days reference in SID and KIM shall stand replaced with “91 calendar days” with effect from the effective date. “The Scheme will invest in Debt instruments and Money Market instruments with residual maturity upto 91 calendar days,” the notice cum addendum said.

Similarly for the JioBlackRock Overnight Fund, the 30 days reference in SID and KIM shall stand replaced as “30 calendar days” from the effective date. “The overnight fund can deploy not exceeding 5% of the net assets in G-secs and/or T-bills with a residual maturity of upto 30 calendar days for the purpose of placing the same as margin and collateral for certain transactions, according to the notice cum addendum.

The fund house also informed about change in names of its two debt funds – JioBlackRock Short Duration Fund and JioBlackRock Low Duration Fund.

Also Read | HDFC and Axis Mutual Fund resume subscriptions in gold ETFs and gold ETF FoFs

The JioBlackRock Short Duration Fund will now be called the JioBlackRock Short Term Fund, an open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years with a relatively high interest rate risk and moderate credit risk.

JioBlackRock Low Duration Fund will now be named as the JioBlackRock Ultra Short to Short Term Fund, an open ended debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months with a relatively high interest rate risk and moderate credit risk.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Tesla shares have had a volatile year, and with the stock currently trading well below its December 2025 all-time high, investors are once again split on where the electric vehicle maker’s stock is headed over the next 12 months. Wall Street’s answer to that question depends heavily on which piece of Tesla’s sprawling business — cars, robotaxis, humanoid robots or artificial intelligence — an analyst chooses to emphasize.

As of Aug. 21, Tesla shares were trading around $349.86, according to Robinhood, well below the stock’s 52-week high of $498.83 and closer to its 52-week low of $297.38. According to Trading Economics, the stock has lost more than 5% over the past four weeks and remains up just 8.34% over the trailing 12 months, a modest gain given the scale of swings the stock has experienced along the way. Morningstar and CNN have both noted the stock is currently trading near the bottom of its 52-week range and below its 200-day moving average, technical signals some traders view as a sign of persistent underlying weakness.

The company’s most recent earnings disappointed relative to expectations. According to Pluang, Tesla’s second-quarter 2026 earnings per share came in at 33 cents, well short of the 50 cents analysts had projected, even as revenue trends remained comparatively stable. That combination, a headline earnings miss alongside a still-elevated valuation, has left analysts sharply divided over the stock’s near-term trajectory.

On the bullish side of the ledger, the median analyst view remains cautiously optimistic. According to Investing.com, 23 analysts currently recommend buying Tesla shares while five recommend selling, translating to an overall Buy rating with an average 12-month price target of $395.34, implying roughly 16% upside from current levels. That estimate broadly aligns with figures from Public.com, which cited a $422.79 consensus target among 25 analysts as of mid-August, and MarketBeat, which listed a current target of $401.74.

Investors betting on upside point to several potential catalysts. According to Morningstar, Tesla is preparing to launch its Cybercab, a vehicle built specifically for autonomous driving with no steering wheel, into its robotaxi fleet in Austin, Texas, a milestone that TipRanks reported the company was targeting for this month. Tesla has also received regulatory approval for its self-driving software in Europe, according to reporting cited by Pluang, and has continued building out its humanoid robot program, Optimus, alongside broader ambitions in AI infrastructure. Morningstar analyst Seth Goldstein has described Tesla as having “the potential to disrupt multiple industries with its technology for EVs, AVs, batteries, and humanoid robots,” reflecting the multi-pronged bull case that extends well beyond the company’s traditional car business.

At the far bullish extreme, ARK Invest’s Cathie Wood has published a model estimating Tesla’s expected value per share at $4,600 by 2026, with bull and bear case scenarios of roughly $5,800 and $2,900, respectively. ARK’s model relies heavily on assumptions about the scale and speed at which Tesla can commercialize robotaxi and AI-related revenue streams, and the firm itself has described its terminal multiple assumptions as methodologically conservative relative to what it considers Tesla’s likely growth trajectory. Such long-range, model-driven price targets differ substantially in method and time horizon from more conventional 12-month Wall Street price targets, and should be weighed with that distinction in mind.

On the bearish side, critics argue that Tesla’s stock price continues to reflect expectations for its AI and autonomy ambitions rather than the fundamentals of its core vehicle business. GLJ Research analyst Gordon Johnson holds one of the lowest published targets on the Street, at $24.86 with a Sell rating, arguing that “Tesla is fundamentally a carmaker, not an AI company.” According to FXOpen’s summary of his position, Johnson points to falling deliveries, margin pressure and intensifying competition from Chinese automaker BYD as reasons he believes Tesla’s premium valuation is not justified by its underlying automotive business, regardless of progress on autonomy or robotics.

Valuation concerns extend beyond Johnson’s bearish outlook. According to Investing.com, Tesla trades at 364 times earnings, with one fair-value estimate cited by the outlet placing the stock’s intrinsic worth closer to $245.76, roughly 30% below its recent trading price near $351. Robinhood separately listed Tesla’s price-to-earnings ratio at 326.23 as of Aug. 21, a multiple that remains dramatically higher than traditional automakers and most other large-cap technology companies, reflecting the market’s continued pricing-in of future growth from businesses, including robotaxis and Optimus, that have not yet meaningfully contributed to Tesla’s reported revenue.

The wide dispersion in published price targets underscores just how divided professional forecasters remain. According to FXOpen, published 12-month analyst targets for Tesla range from roughly $25 to $600, while algorithmic and longer-range forecasting models spread even further by 2030, reflecting deep uncertainty over how quickly, if at all, Tesla’s autonomy and robotics initiatives can scale into meaningful profit centers. LiteFinance’s compiled analyst range for the end of 2026 similarly spans from $130.33 to $374.77, illustrating a gap wide enough that reasonable, well-informed analysts continue to reach starkly different conclusions using the same available information.

Given that spread, whether Tesla stock ends up higher or lower a year from now will likely hinge on a handful of concrete, verifiable developments rather than broader sentiment alone: whether the Cybercab robotaxi launch in Austin scales smoothly and expands to additional markets, whether Optimus moves from prototype to meaningful commercial deployment, whether Tesla’s core vehicle delivery and margin trends stabilize amid rising competition from BYD and other global EV makers, and whether the company’s next several quarterly earnings reports narrow or widen the gap between Wall Street’s growth expectations and Tesla’s actual reported results.

As with any individual stock, Tesla’s share price over the coming year will be shaped by a combination of company-specific execution, broader market conditions, and investor sentiment toward high-growth technology names generally, none of which can be predicted with certainty. This article is not investment advice, and anyone considering a position in Tesla stock, in either direction, should weigh the significant disagreement among professional analysts outlined here, alongside their own research and risk tolerance, before making any investment decision.