Markets Daily India

India Fund Houses Rush to List as Retail Money Pours In

SBI Funds’ filing follows ICICI Prudential’s listing in December.

The Bombay Stock Exchange (BSE) building in Mumbai.Photographer: Dhiraj Singh/Bloomberg

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By Savio Shetty and Alex Gabriel Simon

February 19, 2026 at 2:50 AM UTC

This article is for subscribers only.

Good morning...

I’m Alex Gabriel Simon, an equities reporter in Mumbai, serving up your daily dose of news and analyses before the start of the trading day.

Indian stocks look set to stay on the front foot as Asian markets hold firm — led by South Korea and Australia — with overnight gains on Wall Street adding to the positive mood. The Nifty index rose for a third session on Wednesday as easing geopolitical tensions lifted sentiment. The benchmark is above a key support level, with 26,000 seen as the next hurdle. Meanwhile, shares of data center-linked suppliers like switchgear makers will enjoy investor interest as India’s AI summit features Prime Minister Narendra Modi and billionaire Mukesh Ambani among the headline speakers later today.

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