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Remisier vs Authorized Person (AP): Key Differences, Income & Registration Guide

Nowadays, many people want to earn money from the stock market, but not everyone wants to take the risk of trading on their own. In such situations, people turn to brokers’ partner programs, which offer opportunities to earn without investing their own capital. Two models are most commonly discussed here: Remisier and Authorized Person (AP). The names sound similar, but the work, responsibilities, and methods of earning are different. If you too want to enter this field, it’s important to understand this comparison. In this article, we’ll explain the differences between the two in simple terms.

What Is a Remisier?

A remisier is a person or partner who associates with a stockbroker to refer new clients and build relationships with them. A remisier is not a broker themselves, but rather acts as a referral-based connector between brokers and clients. Their primary role is to acquire clients and connect them to the broker’s platform.

Role in Practice:

A remisier’s focus is mostly on front-end activities, such as:

Acquiring new clients
Maintaining relationships with existing clients
Guiding through the account opening process
Providing basic information about the trading platform

This model is practical for those who have a strong network but do not want to be directly involved in deep technical trading operations.

Compliance and Entry Barrier : Compliance requirements are comparatively low in the remisier model. Exchange registration is usually not required; it occurs at the agreement broker level. Consequently, the entry barrier is low and getting started is relatively easy.

Earning Model : Remisiers typically receive a share of the brokerage’s revenue from the clients they refer. Income depends on client activity the more trading, the higher the earning share.

What Is an Authorised Person?

An Authorized Person (AP) is an officially recognized intermediary who works with a registered stockbroker to onboard clients and support the execution process of brokerage services. APs are registered with a stock exchange (such as NSE/BSE) through the broker, so their role and responsibilities are more formal and regulated than those of a Remisier.

Operational Role : An Authorized Person plays an active role in client servicing and operations, such as:

Acquiring new clients
Assisting with Demat and trading account openings
Guiding the KYC process
Supporting order placement and platform usage
Providing transaction guidance within compliance limits
This role is not limited to referrals but also includes ongoing client support.

Registration and Requirements :Becoming an Authorized Person requires certain formal requirements:

Detailed agreement with the broker
Exchange registration process
Required documents submission
Security deposit/refundable deposit with the broker
Office setup and infrastructure (many brokers require this)

Revenue Model : The AP receives a revenue share on clients’ generated brokerage, which can often be at a higher level than the Remisier model. Income can increase significantly with active traders and higher-volume clients.

Remisier Vs Authorised Person

Point	Remisier	Authorised Person (AP)
Registration Requirement	Direct registration is not necessary on the exchange; an agreement is made with the broker.	Registration with the stock exchange through a broker is necessary.
Regulatory Recognition	Limited recognition, mostly broker-level role	Officially recognized intermediary role
Client Handling Authority	Client can refer and guide, but does not play a role in trading execution	Can provide client onboarding, support, and execution assistance
Revenue Model	Client brokerage gets revenue share	Brokerage share + higher slab earning possible
Compliance Burden	Less compliance and paperwork	Higher compliance and reporting requirements
Setup Cost	Generally low or zero	Security deposit + setup cost may apply
Income Potential	Moderate depend on client activity	Higher strong earning on active clients
Risk Level	Low-risk model	Moderate risk (compliance + client responsibility)
Control Over Client Trades	No direct control	Limited execution support role possible

Legal & Regulatory Difference Remisier Vs Authorised Person

Legal / Regulatory Point	Remisier	Authorised Person (AP)
Registration Structure	No exchange registration only a partnership agreement with the broker	Official registration takes place through the broker in the stock exchange (NSE/BSE).
Exchange Involvement	Exchange is not directly involved	Works under the direct exchange framework
Agreement Type	Broker-level referral/partner agreement	Formal AP agreement + exchange approval
Regulatory Status	Referral/marketing partner type role	Recognized market intermediary
Compliance Responsibility	Compliance responsibility is very limited	Responsibilities may include KYC support, record keeping, audit readiness
Reporting Requirement	Regular regulatory reporting not usually required	Broker and exchange norms have to be followed
Liability Exposure	Legal liability comparatively less	Action possible on compliance breach
Client Dealing Scope	Client referral and basic guidance	Client servicing and execution support allowed (within rules)
Trust Perception	Trust network based credibility	Builds more credibility among clients
Client Ticket Size Impact	Small-medium clients come under the referral model	Bigger clients prefer the AP model

Who Should Choose Remisier?

It’s important to understand for whom the remisier model remains practical and profitable. This role is ideal for those who can build a client network but don’t want to handle full brokerage operations.

Best suited for:

Finance bloggers and market educators
Social media creators with an investing audience
Stock market trainers and seminar hosts
Part-time income seekers
Professionals with strong relationship networks (CAs, consultants, agents)

Who Should Become an Authorised Person?

The Authorized Person (AP) model is suitable for those who want to build a long-term, structured business in the stock market. This involves not only client referrals, but also client servicing and operational support so both commitment and a system are essential.

Best suited for:

Full-time market professionals
Existing sub-brokers who want to upgrade
Advisory desk operators
Trading community owners
Offline financial consultants
Entrepreneurs building franchise-style brokerage businesses

Income Model Breakdown Remisier vs. Authorized Person: Which Pays Better in Practice?

The difference in income isn’t determined solely by revenue share percentage, but also by client type, trading activity, and your involvement level. Let’s understand this through the practical scenarios below.

Scenario A : Small Client Base

If you have limited clients and low-moderate activity, the remisier model is sufficient.

Gets started quickly
Less paperwork
Referral-based earning
Typical revenue share: 20%-40% brokerage share (depending on broker policy)
A workable model for short-term side income.

Scenario B : Active Traders’ Client Base

Where clients trade regularly, the Authorized Person model may pay more.

Higher revenue share slabs possible

Volume-based incentives can be available

Typical revenue share: 40% – 70% brokerage share (broker & volume dependent)

Active trader base = better scaling potential.

Scenario C : Advisory + Execution Support Model

If you provide client guidance + execution support, then the Authorized Person is in clear advantage.

Full service model
Long-term recurring brokerage income
Client retention remains strong

Conclusion

Both Remisier and Authorized Person are right in their own ways, just be clear about your goals. If you want to earn easily by adding clients through your network, then Remisier is the easiest route. However, if you want to build a proper business in this field and can handle client servicing, then Authorized Person is a better option. Don’t rush your choice, consider your capabilities.

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Frequently Asked Questions (FAQs)

What is the basic difference between a Remisier and an Authorized Person?
A Remisier refers to clients, while an AP also handles client servicing and onboarding.
Which is simpler to start a Remisier or an Authorized Person?
A Remisier is simpler, requiring fewer formalities.
Is exchange registration needed for a Remisier vs. an Authorized Person?
Required for an AP, but not typically for a Remisier.
Who can earn more between a Remisier and an Authorized Person?
An AP can earn more if they have active clients.
Can I work part-time with a Remisier vs. an Authorized Person?
A Remisier is more suitable for part-time work.
Who supports client trades between a Remisier and an Authorized Person?
An AP can provide support, while a Remisier typically cannot.

February 21, 2026

Best Retailing Stocks in India 2026

Whenever we purchase anything for our daily consumption, from lifestyle to electronics, etc., we contribute to the massive retail ecosystem. This sector operates in diversified businesses and is growing rapidly. One can invest in retail stock and participate in India’s growth.

In today’s blog post, we will give you an overview of the best retailing stocks in India, along with the key benefits of investing in them.

What are Retailing Stocks?

Retailing stocks are the shares of the company that are primarily engaged in selling, manufacturing and distributing goods directly to consumers through various platforms, such as online and offline stores. It covers a wide range of businesses, including supermarkets, fashion and apparel, electronics retail, etc.

Top Retailing Stocks to Buy in India

Avenue Supermarts Limited
Trent Limited
Vishal Mega Mart Limited
Brainbees Solutions Limited
Aditya Birla Lifestyle Brands Limited
Cartrade Tech Limited
Medplus Health Services Limited
Aditya Birla Fashion and Retail Limited
V2 Retail Limited
Ethos Limited

Company	Current Market Price (INR)	Market Capitalisation (in INR crore)	52-Week High	52-Week Low
Avenue Supermarts Limited	3890	253129	4950	3337
Trent Limited	4114	146240	6261	3644
Vishal Mega Mart Limited	122	57099	158	96
Brainbees Solutions Limited	270	14069	463	254
Aditya Birla Lifestyle Brands Limited	111	13570	176	101
Cartrade Tech Limited	2264	10830	3291	1362
Medplus Health Services Limited	869	10432	1052	603
Aditya Birla Fashion and Retail Limited	68.8	8399	106	59.8
V2 Retail Limited	1989	7253	2572	1390
Ethos Limited	2630	7036	3246	1897

(As of 7th Feb 2026)

Overview of Best Retailing Stocks to Buy in India

The overview of the best retailing stocks to buy in India is as follows:

1. Avenue Supermarts Limited

Avenue Supermarts Limited is an Indian-based chain of stores known as DMart that was established in 2002 by Radhakishan Damani. The company is based in Mumbai and specialises in low-price everyday retailing by utilising effective sourcing and cost management. DMart was listed on the Indian stock exchanges on 21 March 2017 and has since become one of the most successful and profitable companies in India in the retail sector.

1-Year Return	3-Year Return	5-Year Return
5.48%	11.40%	32.29%

(As of 7th Feb 2026)

2. Trent Limited

Trent Limited is a company of the Tata Group and was founded in 1998 with its headquarters in Mumbai. The firm has popular retail brands, like Westside, Zudio and Star Bazaar. Trent was listed on the Indian stock exchanges on 30 November 1998 and has progressively established itself in the fashion and lifestyle retail business with the Tata Group’s brand strength and execution capability.

1-Year Return	3-Year Return	5-Year Return
-19.29%	225.24%	519.92%

(As of 7th Feb 2026)

3. Vishal Mega Mart Limited

Vishal Mega Mart Limited is an Indian company established in 2001 and has its headquarters in Gurugram, Haryana. The company has value retail outlets that sell clothes, food and household items, primarily focusing on the tier-2 and tier-3 cities. Vishal Mega Mart was listed on the stock market on 18 December 2024, and this has shown interest among investors in mass-market and organised formats of retail.

1-Year Return	3-Year Return	5-Year Return
13.09%	17.22%	17.22%

(As of 7th Feb 2026)

4. Brainbees Solutions Limited

Brainbees Solutions Limited company was incorporated in 2010 and has its headquarters in Pune. It is commonly known by the name FirstCry, the leading baby and kids retail platform in India. It initially started with online stores and later expanded to offline stores throughout the country. On 13 August 2024, the company got itself listed on the Indian stock markets, and this was a significant milestone in its path to becoming a reliable parenting and childcare brand.

1-Year Return	3-Year Return	5-Year Return
-34.93%	-58.56%	-58.56%

(As of 7th Feb 2026)

5. Aditya Birla Lifestyle Brands Limited

Aditya Birla Lifestyle Brands Limited is a part of the Aditya Birla Group and was established as a result of corporate restructuring. It has a luxury lifestyle and fashion brands, with its headquarters in Mumbai. It serves the needs of the urban consumers. The company got itself listed on the Indian Stock Exchange in 2024, and primarily engaged in providing investors direct access to the group lifestyle and premium retail portfolio.

1-Year Return	3-Year Return	5-Year Return
-32.53%	-32.53%	-32.53%

(As of 7th Feb 2026)

6. Cartrade Tech Limited

Cartrade Tech Limited company was incorporated in 2009. It runs digital platforms like CarTrade, BikeWale, and Shriram Automall. The company links buyers, sellers, dealers, and OEMs using technology-based solutions. CarTrade Tech was listed on the Indian stock exchanges on 20 August 2021, an Indian-based, growing digital auto-retail ecosystem. Its headquarters are situated in Mumbai.

1-Year Return	3-Year Return	5-Year Return
25.65%	253.54%	21.10%

(As of 7th Feb 2026)

7. MedPlus Health Services Limited

MedPlus Health Services Limited company was founded in 2006, with its head office in Hyderabad. It has one of the largest organised chains of pharmacy retail in India that sells medicines, diagnostics, and healthcare products. Being competitive in pricing and with a focus on technology operations, MedPlus was listed on the Indian stock exchanges on 23 December 2021, enhancing its stance in the healthcare retail sector.

1-Year Return	3-Year Return	5-Year Return
16.03%	30.02%	-17.43%

(As of 7th Feb 2026)

8. Aditya Birla Fashion and Retail Limited

Aditya Birla Fashion and Retail Limited is one of the major fashion retailing companies in India. It deals with well-known brands such as Pantaloons, Louis Philippe, Van Heusen and Allen Solly. ABFRL was listed on the Indian stock markets on 18 July 2016. The company’s headquarters is situated in Mumbai.

1-Year Return	3-Year Return	5-Year Return
-71.46%	-70.28%	-55.78%

(As of 7th Feb 2026)

9. V2 Retail Limited

V2 Retail Limited company was established in 2001 and has its headquarters in Gurugram. It deals with value fashion retailing in India. It focuses on tier-2 and tier-3, as well as on affordable clothing and lifestyle goods. It was listed on the Indian stock exchange on 9 July 2007, and has placed it as a cost-effective choice in the structured fashion retail business.

1-Year Return	3-Year Return	5-Year Return
17.85%	2,232.03%	1300.83%

(As of 7th Feb 2026)

10. Ethos Limited

Ethos Limited is the biggest luxury watch retailer in India, founded in 2007 with its headquarters in Chandigarh. It sells the high-end and luxurious watch lines by using exclusive boutiques in large cities. Holding the mindset of authenticity and customer experience, Ethos went public in the Indian stock exchanges on 2 June 2022 and capitalised on the trend of increasing luxury consumption in India.

1-Year Return	3-Year Return	5-Year Return
12.25%	155.59%	210.05%

(As of 7th Feb 2026)

Key Performance Indicators (KPIs)

Company	ROE (%)	ROCE (%)	Operating Profit Margin (%)	Net Profit Margin (%)
Avenue Supermarts Limited	12.63	16.92	6.30	4.56
Trent Limited	28.31	28.09	12.14	8.45
Vishal Mega Mart Limited	9.87	13.03	9.31	5.89
Brainbees Solutions Limited	0.99	2.02	5.31	2.42
Aditya Birla Lifestyle Brands Limited	93.69	15.53	7.23	0.88
Cartrade Tech Limited	3.46	4.23	38.55	31.32
Medplus Health Services Limited	3.25	4.49	8.38	5.65
Aditya Birla Fashion and Retail Limited	(5.51)	(2.31)	(4)	(5.95)
V2 Retail Limited	20.80	15.85	8.81	3.82
Ethos Limited	10.02	12.38	12.06	7.85

(As of March 2025)

Benefits of Investing in Retailing Stocks

The key benefits of investing in retailing stocks are as follows:

Increasing Demand: Retail companies sell and distribute products which are required on a daily basis, which include food, clothing, electronics, etc. As they are daily-use products, these products have a consistent demand.
Diversified Product Category: The companies engaged in the retail sector offer a wide range of products, and they are not dependent on a single product for revenue. Hence, they have a diversified source of revenue.
Long-term Growth Potential: With the expansion of retail stores online and offline, these companies are expanding their reach. It offers them a long-term growth potential.

Factors to Consider Before Investing in Retailing Stocks

There are various factors that one should consider before investing in retailing stocks:

Network: Before investing in any retailing stocks, one should evaluate the company’s physical store presence and online reach, along with its expansion plan.
Financial Statements: The company’s financial performance should be checked before investing in it. This includes operating, net profit margins, key performance ratios, etc.
Brand Image: A strong brand image helps a company attract customers and gain pricing power. And provide a better competitive advantage among other players.

Future of Retailing Stocks

The retailing industry in India has significant long-term growth potential. The growth is driven by various factors such as increasing disposable income, urbanisation, and the adoption of digital technologies, etc. In 2024-25, the industry is valued at around 82 Lakh crores, and is expected to grow at a CAGR of 13% for the coming years. And with this pace, this industry is expected to reach a valuation of 2.5 trillion dollars by 2035.

Conclusion

On a concluding note, the future of the Indian retail sectors is very promising, and investment in retailing stocks offers a blend of both growth and opportunity. The sector is projected to grow at a double-digit rate. There are various factors that act as a catalyst in this growth, such as a stable demand, increasing disposable income, etc. One can easily invest in retail stocks by opening a lifetime free demat account with Pocketful, as it also offers free brokerage on delivery trades. However, one should consult their investment advisor before making any investment decision.

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13	Best 10 Sleeper Low-Beta Stocks

Frequently Asked Questions (FAQs)

What are retailing stocks?
Retailing stocks are the shares of those companies that are engaged in selling goods and services directly to consumers, through offline stores and online platforms.
Name some retailing stocks in India?
Retailing stocks in India include Avenue Supermarts Limited, Trent Limited, Vishal Mega Mart Limited, V2 Retail Limited, etc.
What are the key risks involved while investing in retail stocks?
The key risks involved while investing in retailing stocks are profit margins, economic slowdown, supply chain disruption, etc.
How to select the best retailing stocks?
To select the best retailing stock, one must consider the financial performance of the company, its key ratios, management quality, etc.
How to invest in retailing stocks?
To invest in retailing stocks, one should have a demat and trading account. Pocketful also offers you an opportunity to open a lifetime free demat and trading account. Along with this, it also offers zero brokerage on delivery trades, and its mobile application comes with advanced trading tools.

Selection Methodology and Important Disclaimer

The stocks included in this list are selected primarily on the basis of their market capitalisation, which represents the total market value of a company’s outstanding shares. The companies are arranged in descending order of market capitalisation, with larger companies appearing first, followed by relatively smaller companies. This methodology is intended to provide a structured approach for identifying companies based on their market size and overall presence within a sector.

However, market capitalisation should not be considered the sole factor while evaluating investment opportunities, as it does not guarantee future performance, profitability, or returns. Investors should also assess other important factors such as financial health, business fundamentals, management quality, valuation metrics, industry outlook, and market conditions before making investment decisions.

The information provided is for educational and informational purposes only and should not be construed as investment advice, recommendation, solicitation, or an offer to buy or sell any securities by Pocketful Fintech Capital Private Limited.

February 20, 2026

Best 10 Sleeper Low-Beta Stocks for 2026

Markets like momentum. Interest rates move, global news erupts overnight, and suddenly portfolios that look strong and stable on paper start swinging wildly. If you have ever checked your portfolio during a volatile week and felt your stomach drop, you already understand what value low-beta stocks bring to your portfolio.

Low-beta stocks do not give you an adrenaline rush. They promise something far more valuable to most long-term investors: stability.

As we head into 2026, with uncertainty still baked into global markets, sleeper low-beta stocks can quietly anchor your portfolio. They may not trend on social media, but they often do the heavy lifting when markets turn volatile. This blog looks at 10 such stocks.

This blog examines 10 such companies with strong fundamentals, predictable cash flows, and a history of outperforming the broader market. Think of them as the “tortoise” while everyone else is the “rabbit”, sprinting.

What are Low Beta Stocks?

A stock’s beta measures how much it moves compared to the market.

Beta < 1 means the stock moves less than the market
Beta > 1 means the stock moves more than the market

When the index falls 10%, a low-beta stock might fall only by 4 to 6%. And when markets rally sharply, it may rise slowly, but with fewer sleepless nights along the way. Low beta does not mean zero risk. It means managed volatility.

List of 10 Best Low-Beta Sleeper Stocks

S. No	Company	Current Price	Market Cap	52-W High	52-W Low	Stock Beta
1	Bharti Airtel	2,014	11,49,031	2,174	1,559	0.92
2	Hindustan Unilever	2,409.70	566,181	2,750	2,136	0.41
3	ITC Limited	317	995,010	444	302	0.54
4	SBI Life Insurance	2,034.20	2,02,701	2109	1380	0.83
5	HDFC Bank	920.6	1,416,627	1,020.50	830.55	0.84
6	Maruti Suzuki	15,237	4,81,783	17370	11059	0.81
7	Asian Paints	2,410.50	231,214	2,985.70	2,124.75	0.64
8	Pidilite Industries	1,497.40	152,392	1,574.95	1,311.10	0.54
9	Power Grid Corporation	293.9	273,344	322	247.3	1.09
10	Coal India	419.15	258,310	461.55	349.25	0.9

(Data as of 12th Feb, 2026)

Read Also: Top 10 Smart Beta ETFs in India

Overview of Best Low-Beta Sleeper Stocks

1. Bharti Airtel Ltd

Bharti Airtel is one of India’s largest telecommunications providers, offering mobile voice and data, broadband, DTH, and enterprise solutions. The company operates across India and Africa, serving millions of customers. It is actively expanding its 5G network while strengthening its 4G presence. Under the leadership of Sunil Bharti Mittal, Airtel focuses on digital services, rising ARPU, and long-term infrastructure growth.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
19.60%	158.78%	244.46%

(Data as of 12th Feb, 2026)

2. Hindustan Unilever Ltd

People will never stop buying soap, shampoo, or packaged food during recessions. This is the simple logic behind Hindustan Unilever’s defensive nature. Its brands fit into everyday life, not economic cycles. Even during slowdowns, demand remains stable, which is clearly evident in stable earnings and lower stock volatility. HUL may not deliver exclusive returns, but it often protects capital when other stocks tumble for some reason.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
-0.40%	-7.73%	7.37%

(Data as of 12th Feb, 2026)

3. ITC Limited

ITC’s evolution from a cigarette-centric business to a diversified FMCG and agribusiness company has made it far more resilient. Cigarettes still generate strong cash flows, while food, hotels, and paperboards provide diversification. This mix stabilises earnings during market stress. ITC behaves like a sleeper stock, which is often ignored during bull runs, but is considered reliable when volatility rises.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
-18.77%	-13.98%	51.88%

(Data as of 12th Feb, 2026)

4. Reliance Industries Ltd

Reliance’s strength lies in its diversity, energy, petrochemicals, retail, and digital. When one segment slows, another often compensates. That balance reduces earnings traumas and stabilises investor expectations. While not traditionally considered “defensive,” Reliance’s scale, balance sheet, and cash-generating ability have historically narrowed the downside compared to other cyclical peers.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
16.88%	17.06%	37.52%

(Data as of 12th Feb, 2026)

5. HDFC Bank Ltd

Banking as a sector is inherently risky because of multiple regulations, but HDFC Bank is an exception. Conservative lending, strong deposit franchise, and consistent asset quality have helped it avoid the boom-and-bust cycles seen elsewhere in the sector. For investors, it feels less like a trading stock and more like a long-term compounding one, and this is reflected in its relatively lower beta over market cycles.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
7.73%	11.16%	14.92%

(Data as of 12th Feb, 2026)

6. Maruti Suzuki India Ltd

Maruti Suzuki India Limited is India’s largest passenger car manufacturer, known for its wide range of affordable and fuel-efficient vehicles. The company operates multiple manufacturing facilities in India and holds a dominant share in the small car segment. Backed by its parent Suzuki Motor Corporation, Maruti Suzuki focuses on innovation, strong dealership networks, and expanding its presence in hybrid and CNG vehicles to drive future growth.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
18.73%	72.05%	100.07%

(Data as of 12th Feb, 2026)

7. Asian Paints Ltd

Asian Paints Ltd demand does not vanish away during downturns, it just slows. Homes still need maintenance. Renovations still happen. Asian Paints dominates its category with pricing, brand, and distribution network. That power translates into predictable earnings and comparatively stable stock movement. It is regarded as classic consumer-linked low-beta name.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
8.15%	-14.56%	0.28%

(Data as of 12th Feb, 2026)

8. Pidilite Industries Ltd

Pidilite Industries Ltd Fevicol is a household name in India, and that brand strength acts like a moat for the company. Pidilite’s products are small items but widely used across industries and homes. Even in slow economies, demand does not collapse. This consumption pattern helps company in better earnings growth and reduce volatility, exactly what low-beta investors look for.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
7.93%	27.11%	68.67%

(Data as of 12th Feb, 2026)

9. Power Grid Corporation of India Ltd

Power Grid is not about growth stories, it is about essential infrastructure. Electricity transmission is regulated, and largely sort of protected from economic cycles. Revenues are stable, cash flows are visible, and dividends are consistent. If your portfolio needs something that reacts less to market panic, utilities like Power Grid often bring peace to your mind.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
13.99%	86%	131.46%

(Data as of 12th Feb, 2026)

10. Coal India Ltd

Despite being in a cyclical sector, Coal India behaves defensively because of its monopoly in the sector and strong government support. Coal demand remains linked to India’s energy needs, providing stable volumes and strong cash generation. Add high dividend payouts, and you get a stock that often supports portfolios during market downturns, even when sentiment is weak.

Know the Returns:

1Y Returns	3Y Returns	5Y Returns
15.34%	90.64%	207.52%

(Data as of 12th Feb, 2026)

Key Performance Indicators (KPIs)

Company	ROE (%)	ROCE (%)	Operating Profit Margin (%)	Net Profit Margin (%)
Bharti Airtel	25.58	14.72	28.42	19.52
Hindustan Unilever	21.55	22.91	22.99	16.91
ITC Limited	49.61	36.41	35.66	46.38
SBI Life Insurance	14.20	0.65	2.53	2.06
HDFC Bank	13.56	2.62	25.58	21.83
Maruti Suzuki	15.06	19.29	12.79	9.32
Asian Paints	18.90	24.97	16.37	10.52
Pidilite Industries	21.28	27.05	22.07	15.97
Power Grid Corporation	16.75	12.32	60.77	34.13
Coal India	35.67	24.24	33.05	24.30

(as on 31st March 2025)

Benefits of investing in Low-Beta Stocks

There are numerous benefits of investing in Low-Beta Stocks, a few of which are mentioned below:

Lower volatility: Low beta stocks are less volatile than the overall market. During market downturns, low beta stocks tend to fall less.
Stability in uncertain times: They are often mature, cash-generating companies in defensive sectors, providing relatively steady earnings and price movement.
Better risk-adjusted returns: Low beta stocks can provide better risk-adjusted returns over the long term since they are less volatile.

Factors to be Considered Before Investing in Low-Beta Stocks

There are various factors one should consider before investing in Low-Beta stocks. Some of them are:

Business fundamentals: Review revenue growth, debt, cash flows, and competitive strengths. A stock can have low beta values but poor earnings quality.
Valuation levels: Defensive stocks often trade at premium valuations. Overpaying for “safety” can reduce long-term returns.
Sector exposure & economic cycle: Many low beta stocks belong to defensive sectors like utilities or FMCG. Understand how interest rates, regulation, and economic conditions affect them.

Read Also: Best Low-Risk Stocks in India

Conclusion

The biggest mistake investors make is chasing returns. Sleeper low-beta stocks rarely make headlines, but they often determine whether a portfolio survives turbulence.

As 2026 approaches, these 10 stocks offer stability against volatility. They might not offer perfection or guaranteed returns, but these businesses are at work when markets are in flux.

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2	List of Best Monopoly Stocks in India
3	Top 10 Best Summer Stocks in India
4	Best Cyclical Stocks in India
5	List Of Best Logistics Stocks in India
6	Best Copper Stocks in India
7	Best Jewelry Stocks in India
8	Best Metal Stocks in India
9	Best Semiconductor Stocks in India
10	Best Chemical Stocks in India
11	Best Battery Energy Storage System (BESS) Stocks
12	Top 10 Wind Energy Stocks in India

Frequently Asked Questions (FAQs)

Why are low-beta stocks considered “defensive”?
These stocks tend to react better when markets swings. Companies selling essentials or offering critical services don’t usually see earnings collapse overnight. So their stock prices don’t either.
Are low-beta stocks completely safe?
No stock is risk-free. Even the most stable company can face industry shifts, regulatory changes, or earnings pressure.
Who should consider investing in low-beta stocks?
Investors who value stability such as retirees, conservative investors, or anyone who does not want a roller-coaster ride in their portfolio.
How can I check a stock’s beta?
Most stock screeners, brokerage platforms, and financial websites display beta in the stock’s key statistics section
How often should I review low-beta stocks?
At least once or twice a year. Even stable businesses can face changes in fundamentals, valuations, or sector conditions.

February 18, 2026

Mutual Funds vs Individual Stocks: Which Investment Option Is Better for You?

Investors are looking to create wealth and continuously explore different investment avenues. They often get confused between mutual funds and individual stocks, and which one is better for them.

In today’s blog post, we will give you an overview of mutual funds and individual stocks, along with the key differences between them and which is better for you.

What are mutual funds?

A mutual fund is an investment tool offered by an asset management company that pools money from different investors, and its fund manager invests the money in different classes such as stocks, bonds, commodities, etc. There are two methods of investing in a mutual fund: one is lumpsum and the other is SIP (Systematic Investment Plan).

Key Features of Mutual Funds

The key features of mutual funds are as follows:

Professional Management: Investments in mutual funds are managed by the professional fund manager.
Liquidity: Mutual funds allow investors to buy and sell units anytime. Offering liquidity to investors.
Diversification: Mutual funds invest your money into different securities under asset class and diversify across multiple asset classes.

What are individual stocks?

Investing in individual stocks means that you directly invest in a company’s business by purchasing shares of the company listed on the stock exchange. The returns of investing in shares depend on the performance of the company; the better the company performs, the higher the return. To invest in individual stocks, one is required to have a demat and trading account.

Key Features of Individual Stocks

The key features of investing in Individual Stocks are:

Higher Returns: Investment in individual stocks offers a higher potential return. However, returns depend on whether the company is fundamentally strong and capable of outperforming analysts’ expectations.
High Risk: Stock is highly volatile and can fluctuate sharply due to various reasons such as results and geopolitical conditions. They also lack diversification, increasing overall risk.
Requires Knowledge: Investment in individual stocks requires knowledge and understanding of financial statements, industry reports, etc.

Difference between Mutual Funds and Individual Stocks

The key difference between mutual funds and individual stocks is as follows:

Particulars	Mutual Fund	Individual Stocks
Ownership	Investors do not have direct ownership of stocks.	Investors do have direct ownership of stocks.
Risk	Mutual funds carry lower risk compared to individual stocks.	Direct stock has a higher risk than a mutual fund.
Review	Minimum monitoring is required in mutual funds.	It requires daily monitoring, as the stock’s performance is required to be reviewed regularly.
Portfolio Diversification	A mutual fund offers greater diversification because capital is invested across various asset classes.	As the investment is made in a single company’s stock, it offers lower diversification.
Knowledge	It requires a low to moderate level of knowledge to invest in a mutual fund.	Investment in stocks requires comparatively higher knowledge and expertise.
Charges	Annual maintenance charges are charged by asset management companies. Hence, it is a low-cost investment option.	Along with the annual maintenance charges, there are other charges applicable, such as brokerage and taxes. It requires a higher cost.
Suitability	Mutual funds are suitable for long-term and new investors.	Direct stock investing is suitable for investors with rich experience and active investors.
Returns	Mutual funds offer moderate returns.	Investment in an individual stock has higher return potential.

Which is better, mutual funds or individual stocks?

Both mutual funds and individual stocks are suitable for different categories of investors. The suitability depends on the investor’s risk profile and investment objective.

Mutual Funds

It is suitable for investors who do not want to track the market regularly.
Investors who are looking for a low risk investment option can consider investing in a mutual fund.
Mutual funds are suitable for goal oriented and disciplined investors.
Investing in a mutual fund is a low-cost investment option.

Individual Stocks

Only if you have good knowledge of the capital market can you invest in individual stocks.
Investors who can handle high risk and volatility can consider investing in individual stocks.
Those who want potentially higher returns can invest in individual stocks.
Those who can monitor their investment regularly can choose an individual as an investment option.

Conclusion

On a concluding note, both individual stock and mutual funds plays a key role in creating wealth. Investors who do not want to actively manage their investments regularly can consider investing in mutual funds, as it requires minimal monitoring and are a cost-effective mode of investing. However, investment in individual stocks requires enhanced knowledge, as it requires active monitoring. Individual stocks offer higher returns than mutual funds but also carry high risk. Therefore, it is advisable to consult your investment advisor before making any investment decision.

S.NO.	Check Out These Interesting Posts You Might Enjoy!
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3	ETF vs Stock – Which One is the Better Investment Option?
4	Gold ETF vs Gold Mutual Fund: Differences and Similarities
5	FD (Fixed Deposit) vs Stocks: Which is the better investment option?
6	Regular vs Direct Mutual Funds: Make The Right Investment Decision
7	Daily SIP vs Monthly SIP: Which SIP is Better?
8	SIP vs Lump Sum: Which is Better?

Frequently Asked Questions (FAQs)

What are the key difference mutual funds and individual stocks?
The main difference between mutual funds and individual stocks is related to diversification, return, and risk.
Why are mutual funds safer than individual stocks?
Investments in mutual funds are safer than individual ones as it spreads risk by investing across multiple asset classes.
Which is more suitable for a beginner investor?
Mutual funds are more suitable for beginner investors as it requires less market knowledge and offers professional fund management.
How are gains from equity mutual funds and stocks taxed in India?
All gains from mutual funds and stocks are taxed under the provisions of the capital gains tax in the Income Tax Act.
Is it mandatory to have a demat account to invest in mutual funds?
No, to invest in mutual funds, having a demat account is not mandatory. But it is essential to have a demat and trading account to invest in stocks.

February 18, 2026

Best Performing Precious Metals ETFs

Metal prices around the world have been swinging sharply, and gold has been at the center of the action. In 2026, gold prices in India touched record levels of nearly ₹1,75,000 per 10 grams at the beginning of the year. Soon after, prices corrected when the U.S. government appointed a new central bank leader. The stronger U.S. dollar and pressure on the Indian Rupee added to the volatility, leading to big moves in precious metal prices globally.

For many investors, buying physical gold or silver comes with extra costs like making charges and concerns about storage and safety. That’s why precious metal ETFs have become a popular alternative. They offer a simple, transparent, and cost-effective way to invest in gold and silver without holding the metal physically. As market uncertainty rises, more investors are adding gold and silver ETFs to diversify their portfolios and reduce overall risk. In this blog, we’ll explore some of the best options available today.

What Are Precious Metals ETFs?

A precious metals ETF is a type of fund where you can buy and sell them in the stock market, similar to buying shares of companies like TATA or Reliance. It is basically a digital version of real gold or silver, when you buy a unit of this fund the company that is managing the funds buys real physical metal and keeps them secured in a high security vault on your behalf.

These funds follow the live market price of the metal. The most interesting part of this fund is that you can sell them instantly during the market hours and get your money back.

Different Types of Metal Funds

Gold ETFs: There is only one metal in this fund and that is pure gold. This fund is one of the most stable choices for protecting your money even during rising prices situation (inflation).
Silver ETFs: This fund invests in silver, prices in Silver move much faster than gold, giving an option for higher returns.
Platinum ETFs: This fund gives investors a chance to invest in Platinum and is a kind of metal that is used in new car technologies and clean energy missions.
Multi-Metal Baskets: These funds behave like a pool where you get gold, silver, and other metals under one single fund, giving you an option to invest in multiple funds at once.

Some of the Best Performing Precious Metals ETFs in 2026

1. Nippon India Silver ETF

This is one of the most famous silver funds in the Indian market and the most important advantage that an investor gets is that it can be easily bought and sold on the NSE and BSE making it very easy to liquidate your investments.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Silver	0.56	169.32	272.29

2. Nippon India ETF Gold BeES

Nippon India ETF Gold BeES is one of the first gold ETF in India and remains on the top amongst the gold etf funds. A large number of people trust and rely on this fund for digitally investing in gold.

Metal Focus: In this you get the access to possess physical Gold.
Performance (2026): In this investors get a 75.05% return during the past year.
Expense Ratio: 0.80%.
Liquidity: Investors get a very high liquidity, making it as good as money in your account.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Gold	0.80	80.35	164.30

3. ICICI Prudential Gold ETF

ICICI Prudential Gold ETF is the top choice for people who are looking for accuracy in the gold efts. It makes sure the prices are very close to the real market price of gold.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Gold	0.50	80.88	166.18

4. SBI Gold ETF

SBI Gold ETF fund is backed by the largest bank of India and so many new investors have also joined this fund in the starting of 2026.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Gold	0.70	80.46	163.84

5. HDFC Silver ETF

HDFC is one of the trusted brands in the Indian banking sector. The silver ETFs are known for their high silver storage standards.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Silver	0.45	172.59	281.63

6. Edelweiss Gold ETF

This fund is managed by Edelweiss Asset Management, a well-known player in India’s Asset Management Industry. It has attracted investors looking for a structured and exchange-traded way to gain exposure to gold without dealing with storage or purity concerns.

Metal Focus	Expense Ratio (%)	1-Year Return (%)	3-Year Return (%)
Gold	0.41	78.23	140.15

Read Also: Best Commodity ETFs in India

Key Indicators of Best Precious Metal ETFs in India (KPI)

ETF Name	Current Market Price (INR)	AUM (INR Cr.)	52 Week Low (INR)	52 Week High (INR)
Nippon India Silver ETF	245.45	44,491	77.55	360
Nippon India Gold ETF	128.35	59007	65.85	148.14
ICICI Prudential Gold ETF	132.88	25475	69.71	158
SBI Gold ETF	132.33	24567	64.96	153.95
HDFC Silver ETF	245.55	10690	85.67	359
Edelweiss Gold ETF	155.30	1704	85	184.95

(as on 12th February, 2026)

Market Outlook for 2026

The metals market in 2026 is going through a reset as we all have witnessed a very fast price rise during the end of 2025 and now we are witnessing the price settling down.

The recent news has changed the market as the U.S. Federal Reserve leadership has been changed. Investors are seeing this as this might help in fighting with inflation more strongly. This has helped the U.S to gain dollar value which if affecting the gold prices to go down.

The RBI has also kept a close eye on gold and silver prices, as India imports most of its metals and a weaker rupee is making gold even more expensive for the Indian traders. Thus holding gold helps in protecting the “purchasing power” of an entity.

Read Also: Best Index ETFs in India

Conclusion

The current year has reaffirmed that holding precious metals is still the best method to keep money safe. Choosing either the stability of gold or the rising potential of silver, ETFs still remain the easiest and modern way to start. By opting for ETFs, the risk of physical storage is avoided and wealth grows confidently.

For more market news and insights, download Pocketful – offering users zero brokerage on delivery trades and an easy to use platform designed for both beginners and experienced investors.

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2	Best Energy ETFs in India
3	Best Silver ETFs in India
4	List of Best Gold ETFs in India
5	Best Debt ETFs to Invest in India
6	Top Nifty Metal ETFs in India

Frequently Asked Questions (FAQs)

Do I need a special account to invest in metal efts?
Yes, Investors require a Demat and trading account to invest in metal etfs and you can do this easily by opening advance investing platforms like Pocketful.
Is investing in ETFs better than buying physical gold?
Mostly yes as with ETFs extra cost like making charges or GST are not added, you directly invest from your bank account.
What is an “Expense Ratio”?
It is a small yearly charge (usually less than 1%) that is charged by the fund manager in exchange for managing your metal and securing your investments.
Why did gold prices started to dip in 2 month of 2026?
The new chief of the U.S.Federal Reserve has been appointed and many investors have sold to grab their profits.
How much tax is levied on these transactions?
As per 2024 budget rules, if ETFs are held for more than a year you would have to pay 12.5% tax on the profits you get and if you sell it within a year the profit added is taxed as per your regular income tax slab.

February 17, 2026

How to Buy MCX Gold in India 2026?

Gold has always been considered a safe investment, but now people are taking advantage not only through jewelry but also through trading. Today, many investors buy MCX Gold and trade in gold futures. Currently, the price of MCX Gold (Mega contract) is hovering around ₹1,57,460, and it has also touched record highs in recent months. Consequently, MCX Gold trading remains a hot spot for both new and experienced traders. In this blog, we’ll explain the entire process in simple terms.

What Is MCX Gold?

MCX Gold is a standardized gold futures contract that trades on India’s commodity exchange – Multi Commodity Exchange of India (MCX). In this, you don’t buy physical gold and take it home, but trade on the future price of gold. This means you can buy or sell at today’s price for a specified contract month and book profit or loss if the price changes later. Most retail traders trade MCX Gold to earn from price movement and close their positions before expiry. While hedgers (like jewelers or businesses) can also take actual gold through the delivery process if they wish. In simple words, MCX Gold is more of a trading and hedging tool than an investment.

MCX Gold vs Other Gold Options

Option	Is real gold available?	Investment Method	Better for whom
Physical Gold	Yes	full payment purchase	long term
Gold ETF	Yes (indirect)	from the stock market	Investors
Digital Gold	Yes	online platform	Small investors
MCX Gold Futures	Usually not	Trade by paying margin	Traders/Hedgers

Types of Gold Contracts Available on MCX

Gold futures contracts in India are available in a variety of sizes on the Multi Commodity Exchange of India (MCX), allowing everyone from established traders to small beginners to trade. Prices are quoted on MCX at ₹ per 10 grams so a ₹1 move in price results in varying profit/loss per contract, depending on the lot size.

MCX Gold Contracts Lot Size and Price Move Value

Contract Name	Lot Size	Tick Size	P/L on ₹1 Move
Gold (Big)	1 kg (1000g)	₹1 / 10g	₹100
Gold Mini	100 grams	₹1 / 10g	₹10
Gold Guinea	8 grams	₹1 / 10g	₹1
Gold Ten	10 grams	₹1 / 10g	₹1
Gold Petal	1 gram	₹1 / 1g	₹ 1

How P/L works in MCX Gold

Gold (1 kg) : 1000 ÷ 10 × ₹1 = ₹100 per tick

Meaning: If the price of gold goes up by ₹1, there is a profit of ₹100 on 1 lot.

Gold Mini (100g) : 100 ÷ 10 × ₹1 = ₹10 per tick
Gold Ten (10g) : 10 ÷ 10 × ₹1 = ₹1 per tick
Gold Guinea (8g) : 8 ÷ 10 × ₹1 = ₹0.8 = ₹1
Gold Petal (1g) : The base quote is per 1g, so ₹1 move = ₹1 P/L

Requirements Before You Buy MCX Gold

A Commodity Trading Account is Required : To trade gold futures on MCX, you must have a commodity trading account. It is not possible to purchase MCX Gold with just an equity trading account.
MCX Segment Activation with a Broker : Commodity segments need to be activated separately. If you want a quick and simple setup, you can open an MCX account with Pocketful and start commodity trading straight away.
Margin Money Required : When you buy MCX Gold, you must provide margin for that contract before trading. This is a kind of upfront deposit that you make with your broker to enable you to take a position. MCX itself doesn’t provide a fixed margin; instead, the margin requirement can change daily according to the SPAN + Exposure margin system.

Step-by-Step: How to Buy MCX Gold

Step 1 : Activate the Commodity Segment

Before trading MCX Gold, activate the commodity segment in your broker account like Pocketful. Without activation, MCX orders will not be placed.

Step 2 – Add Margin Funds

Add funds to the broker commodity ledger. Futures trades are done on margin, so the required margin balance is essential.

Step 3 – Choose the Right Gold Contract

Search for Gold, Gold Mini, Gold Ten, Gold Guinea, or Gold Petal contracts on the platform. Choose a lot size based on your capital and risk appetite.

Step 4 – Select the Expiry Month

Each MCX Gold contract has a different expiry date. Choose the contract with the expiry month for which you want to place the trade.

Step 5 – Check Margin and Lot Size

Re-verify the margin requirement and lot size before placing an order. This determines the actual exposure.

Step 6 – Place a Buy Order

Select an order type :

Market order : Immediate execution
Limit order : Execution at your price

Step 7 – Place a Stop-Loss immediately

Set a stop-loss as soon as the order is executed. Risk control is crucial in futures trading.

Step 8 – Monitor MTM and Margin

Daily MTM (mark-to-market) adjustments occur while the position is open. Always check to ensure there is no margin shortfall.

Step 9 – Exit or Rollover before Expiry

If you don’t want to take delivery, square off the position before expiry or rollover it to the next month’s contract.

Charges, Taxes & Costs in MCX Gold Trading

Charge Type	how does it feel	Typical Rate / Rule
Brokerage	Per order / per lot	Depends on the broker
Transaction Charges (MCX)	on turnover	0.002% – 0.004% range
GST	Brokerage + txn + SEBI fees	18%
CTT (Commodity Transaction Tax)	On Sell side turnover	0.1% (futures gold)
SEBI Turnover Fees	on turnover	0.0001%
Stamp Duty	On Buy Side Turnover	0.002% (state rule based)
Other Fees	Call & trade / platform	Broker specific

Risk Management Rules for MCX Gold Traders

Keep the position size small : Don’t use your entire capital on every trade. Choose a lot size so that one wrong trade doesn’t have a significant impact on your account.
Always set a stop-loss : Price movements in MCX Gold are rapid. Set a stop-loss with or immediately after placing an order to avoid futures trades without a stop-loss.
Don’t blindly average out a losing trade : Averaging down by repeatedly buying and selling in a falling market increases futures risk. Change your setup first, then make a decision.
Maintain a Margin Buffer : Don’t trade only with the minimum margin. Keep an extra balance to avoid margin calls during volatility.
Avoid overtrading : There’s no need to trade on every small move. Limited, planned trades are safer.
Maintain a Trade Journal : Write down the reason, entry, exit, and result of each trade. This helps you spot mistakes quickly.
Use alerts, not emotions : Set price alerts and level alerts. Avoid trading in panic or excitement.

Common Mistakes Beginners Make When They Buy MCX Gold

Trading Without Understanding Lot Size : Many beginners place orders without checking the lot size of the contract. MCX Gold lot sizes can be large, increasing the risk.
Ignoring the Expiry Date : Every MCX Gold contract has an expiry date. Volatility and delivery rules may apply as expiry approaches so check the expiry date in advance.
Not Setting a Stop-Loss : Trading futures without a stop-loss is risky. Gold moves quickly, and losses can mount quickly.
Using Excessive Leverage : Taking on large positions due to low margins is a common mistake. Leverage increases profits, but also increases losses rapidly.
Choosing a Low Liquidity Contract : Very small or infrequently traded contracts have high spreads. Entry and exit can be difficult.
Not checking margin status : If there is a margin shortfall in an open position, the broker may square it off. Regularly monitoring margin levels is essential.

Conclusion

Trading MCX Gold can be a great opportunity, but it’s important to approach it wisely and with proper preparation. Begin trading only after clearly understanding account setup, contract selection, margins, charges, and risk rules. Start with small lots and practice discipline. Buying MCX Gold with the right broker and the right process is both easy and structured. Continue learning, not rushing; planning is essential.

Trade MCX Gold Futures on Pocketful — an easy-to-use platform with advanced F&O tools and powerful charts for smarter trading decisions.

Gold Rate in Top Cities of India	Silver Rate in Top Cities of India
Gold rate in Kerala	Silver rate in Kerala
Gold rate in Kolkata	Silver rate in Kolkata
Gold rate in Lucknow	Silver rate in Lucknow
Gold rate in Madurai	Silver rate in Madurai
Gold rate in Mangalore	Silver rate in Mangalore
Gold rate in Mumbai	Silver rate in Mumbai
Gold rate in Mysore	Silver rate in Mysore
Gold rate in Nagpur	Silver rate in Nagpur
Gold rate in Nashik	Silver rate in Nashik

Frequently Asked Questions (FAQs)

What is MCX Gold?
MCX Gold means trading gold futures contracts on the exchange – physical gold is not required.
Can I buy MCX Gold with a normal trading account?
No, the commodity segment must be active.
Is MCX Gold good for beginners?
Yes, but start with a small lot and a stop-loss.
How much money is needed to buy MCX Gold?
Not the full price only the margin is required, which depends on the contract.

February 16, 2026

Policy Announcements under Viksit Bharat FY 2026-27

India is on a journey towards becoming a developed country by 2047. And the recent policy announcement by the Finance Minister under Viksit Bharat 2047 sets a clear roadmap for it.

In today’s blog post, we will give you details of the policy announcement under Viksit Bharat for FY 2026 and 2027.

What is Viksit Bharat 2047?

Viksit Bharat 2047 is a long-term Government of India project to make India a developed nation by the year 2047, on the occasion of 100 years of Indian independence. Viksit Bharat 2047 consists of three words, where Viksit refers to developed nations, Bharat refers to India, and 2047 refers to the 100 years of Independence. This will turn India into a 30 trillion dollar economy.

Pillars of the Budget

The government’s three pillars of the budget include the following:

1. Growth Acceleration: The objective is to increase the growth of the economy by increasing production, for which a huge amount of budget is allocated to develop infrastructure, railways, etc.

2. Capability Building: The government is focusing on developing the capabilities of people, industries, and MSMEs by establishing a new textile park and skill development courses.

3. Medical Access:The government has decided to make cancer medicines affordable and ensure that the cost-effective treatments are accessible for every region and segment of society.

Category	Key Policy Announcements (Budget 2026–27)
Macroeconomic and Fiscal	Capital Expenditure increased to ₹12.2 lakh crore for FY27Fiscal deficit targeted at 4.3% of GDPContinued focus on fiscal discipline and public investment
Infrastructure and Connectivity	Seven High-Speed Rail Corridors announcedDedicated freight corridors and 20 new National Waterways operationalisedInfrastructure Risk Guarantee Fund
Manufacturing and Industry	India Semiconductor Mission (ISM 2.0) launchedBioPharma SHAKTI – ₹10,000 CrElectronics Components, Container Manufacturing and Chemical ParksRare Earth Corridors and high-tech inputs focusRevival of 200 legacy industrial clusters
MSMEs and Enterprise Support	₹10,000 Cr SME Growth Fund₹2,000 Cr top-up to Self-Reliant India FundMandatory TReDS onboarding for CPSEsRemoved ₹10 lakh export value cap on courier exports
Tax and Compliance Reforms	New Income Tax Act, 2025 (from April 1, 2026)Extended ITR deadlines and tax filing reformsReduced TCS on overseas tours, education and medical remittances to 2%Tax holiday for cloud and IT services till 2047Increase in STT on derivatives
Agriculture and Rural Development	Launched Bharat-VISTAAR digital advisory platform for farmersSupport for high‐value crops and livestock value chains
Healthcare and Human Capital	Expanded healthcare hubs and training of 1.5 lakh caregiversNew regional hubs for medical value tourismThree new All India Institutes of Ayurveda
Education and Skills	AVGC Content Creator Labs in 15,000 schools & 500 collegesGirl’s hostels in every district and education infrastructure
Urban and Regional Development	City Economic Regions (CER) focus with dedicated funding
Digital and Services Economy	High-powered committee for services sector growthCloud and data centre incentives

Budget 2026 – Key Policy Announcement

The policy announcement in the Budget 2026 under the Viksit Bharat framework is as follows:

1. Capex

The government has raised the capital expenditure budget of INR 12.2 Lakh crore in the following FY 2026-27. This has been shifted to concentrate on the development of infrastructure, which includes transport and logistics. The government is focusing on Tier-II and Tier-III city development and a city economic region was launched with a provision of 5000 Crore per region for the next 5 years.

2. Connectivity

The government has suggested seven high-speed railway networks, and another INR 10,000 crore of manufacturing shipping containers, which are to be developed domestically. Such efforts will improve transport and employment.

3. Manufacturing of Semiconductors and Electronics

An additional 40,000 crore INR has been allotted to increase the supply chain and manufacturing of semiconductors under Electronics Components Manufacturing Scheme (ECMS).

4. Rare Earth Metals

The government is setting up dedicated corridors to promote the mining, processing, and extraction of rare earth metals, to reduce dependency on imports for the components used in EV and the defence sector.

5. BioPharma

An initiative has been adopted by the government through a budget of 10,000 crore INR to promote India as a global hub for biologics and biosimilars. It includes the enhancement of research and manufacturing facilities.

6. Small and Medium Enterprises Growth

A 10,000 crore INR fund has been set up to promote self-reliant India Fund with an objective to boost the scale and export of smaller enterprises.

7. Healthcare Sector

This budget speech has announced relief for cancer patients, stating that 17 cancer medicines will be exempt from basic customs duty. This will directly reduce the price of medicines and make them affordable for cancer patients. The government will also expand the network of district hospitals and Trauma care centres.

8. Carbon Capture

A 20,000 crore INR fund has been allocated for carbon capture in order to accelerate India’s green transition.

9. Textile Sector

The Finance Minister has announced setting up mega textile plants in order to strengthen the textile sector. The Mahatma Gandhi Swaraj initiative was also announced to provide training and skill development for Khadi and handloom artists.

10. New Income Tax Act

From April 2026, a new Income Tax bill will be implemented, which will simplify tax structures, forms and make compliances easy for individuals and businesses.

Conclusion

On a concluding note, in the recent budget announcement, the Finance Minister of India has proposed some of the steps towards realising Viksit Bharat 2047. Her main priorities are the development of infrastructure, the empowerment of the digital realm, and the growth of the manufacturing industry. These not only increase productivity but also increase job creation. Thus, this policy framework is a sign that we are heading the right way in realising the India 2047 vision. To invest in the Indian growth story, you can start investing now by asking your investment advisor.

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4	Government Bonds India – Types, Advantages, and Disadvantages of Government Bonds
5	Best Gold Investment Schemes in India
6	Union Budget 2026: Full list of Government schemes

Frequently Asked Questions (FAQs)

What is Viksit Bharat 2047?
Viksit Bharat 2047 is a government of India program to make India a developed country by 2047, which will be the 100th year of independence.
What are the key areas of concern in the policy announcement in FY 2026-27?
The areas that the government aims to improve through the policy announcements are infrastructure, manufacturing, MSMEs, agriculture, etc.
Where can one find the official details of Viksit Bharat FY 2026-27 policy announcement?
The official document of Viksit Bharat 2047 can be found in the Union Budget document, released by the Ministry of Finance.
What is the capital expenditure for FY 2026-27?
The government of India has allocated a total capital expenditure of INR 12.2 Lakh crores.
How much has the government allocated to semi-conductor and electronic manufacturing sector?
The government has allocated a total of INR 40,000 crore to support the manufacturing of semiconductors and electronic goods.

February 15, 2026

Why Are Copper Share Prices Rising in 2026?

Copper prices have moved headline material. In recent months, copper has surged to multi-year highs. Naturally, shares of copper mining and refining companies have followed.

But this is not just another commodity rally driven by hype or short-term speculation. The reasons copper shares are rising are long-term structural demand, short-term supply stress, and financial market behaviour.

To understand what is happening and whether it’s sustainable, we need to look beyond price charts.

Copper as a Metal

In terms of global metal consumption, copper ranks third. Copper is the most effective non-precious metal conductor of electricity. It is also strong, flexible and corrosion resistant, which makes it safe to use in electrical wiring in homes, offices and in major infrastructure projects. More than 25 countries are currently producing copper.

1. Increasing Industrial Demand

Think about how your own electricity use has changed. You charge more devices than you did five years ago. Offices are filled with servers. Cities are upgrading grids. Electric cars are increasing day by day. All of that runs on copper.

Copper is essential for;

Electric vehicles and charging infrastructure
Renewable energy projects like solar and wind
Power transmission and grid expansion
Data centres, cloud computing, and AI infrastructure

An electric car, on average, consumes three to four times more copper than a conventional petrol car. Added to that, government EV goals, renewable energy commitments, and the explosion of data consumption will make investors realise that copper demand is less cyclical and more structural.

That is why analysts do not speak about copper as another industrial metal anymore. It is becoming an important part of the world energy transition.

2. Production Under Pressure

On paper, high prices should bring in more supply, but mining does not work that way in reality.

It may require nearly 10-15 years to develop a new copper mine. The whole process is slowed down by environmental approvals, land acquisition, funding, and political negotiations. Even the current mines are grappling with poor quality of ore, rising costs, and interruptions in operations.

Recently, several large copper producers have

Missed production targets
Cut future output guidance
Faced labour issues, weather disruptions, or regulatory hurdles

In a market already expecting higher demand, even small disruptions matter.

3. Paying for Scarcity

Copper does not trade only in warehouses. It also trades in financial markets, futures, ETFs, and institutional portfolios.

Once prices crossed key technical levels, traders jumped in. Funds that track commodities increased exposure. Traders who thought inflation would rise or the dollar would fall continued making predictions. This does not drive fake demand, but it does make price changes more substantial, especially when physical supply is tight

There is also a behaviour shift among manufacturers. When prices rise and supply feels uncertain, companies often stockpile copper to avoid future shortages. That adds another layer of demand, even if end-use consumption has not changed overnight.

This mix of real demand and financial momentum is why copper prices have moved faster.

4. AI, Data Centres and Digital infrastructure are Copper-Intensive.

The chatbot, search query, or video stream, behind all this, is a data centre full of servers, massive cooling towers, transformers and kilometres of wiring, and most of that is normally composed of copper.

With the increasing use of cloud computing and AI infrastructure around the globe, the jump in power demand is not linear with the infrastructure; it is exponential. Data centres require unlimited power, backup systems and thick wiring to ensure that everything is in operation. Even minor upgrades consume a greater amount of copper.

After creating a data centre, no one destroys it; it continues to operate, is expanded and commonly duplicated elsewhere. This is why markets are reanalysing copper demand.

Why do Copper Company Shares react so strongly?

When copper prices rise, mining stocks generally move even faster. Higher copper prices mean,

Better profit margins
Stronger cash flows
Improved balance sheets
Greater ability to fund expansion or reduce debt

However, not all copper companies benefit equally.

A low-cost producer with stable operations benefits far more than a highly leveraged copper miner facing operational challenges.

Some companies decided in advance the price at which they would sell their copper in the future.
So even if copper prices are very high today, those companies cannot sell at today’s high price. They must sell at the old, lower price they already agreed on, and they do not fully benefit from the price rise (rally).

This is why copper stock rallies often look uneven. Some stocks surge. Others lag. The metal price may be the headline, but company quality decides the outcome.

Is the Ongoing Copper Rally Sustainable?

The long-term scenario for copper remains strong. Electrification, renewable energy, EVs, and digital infrastructure are not trends that reverse easily. Supply constraints are real and slow to resolve.

However, short-term prices have been pushed higher by momentum and speculative flows.

Copper prices could drop, even if the long-term story remains the same, if global growth slows, the dollar strengthens, or supply problems are resolved.

This means investors should avoid treating copper stocks as “easy winners.” Cycles still exist. Corrections are part of commodity markets.

Current Market Scenario

Copper prices have surged to record highs, and this is not a minor move. Prices have increased more than 20% since the beginning of 2025, and this is mostly due to a lack of copper to meet the increasing demand.

The point is that this deficit does not appear to be a short-term problem. The global market can be experiencing a supply and demand gap even in 2026.

According to estimates, there is a lack of approximately 330,000 tonnes, which implies that the pressure on prices may persist.

JP Morgan, for instance, expects copper prices to reach about $12,500 per tonne by mid-2026, which is INR 1,080* per kg in India. In simple terms, they believe copper is likely to remain expensive, not just rise and crash.

$1 = INR 90.62

$12,500 = INR 90.62 * $12, 500

= INR 10,87,479 per tonne.

= INR 10,87, 479 / 1000

= INR 1,087 per/kg.

As of 10th Feb, 2026, copper futures with expiry of 27 Feb, 2026, is trading at INR 1,242 per kg on MCX.

Conclusion

The rise in copper prices is not simply due to inflation or speculation. It shows that people are considering the importance of the metal in various industries. That does not imply that prices are going to increase from here. However, this means that markets probably won’t stop paying attention to copper anytime soon.Investors can make money not only by following the metal, but also by figuring out which companies are most capable of navigating market cycles, keeping costs low, and taking advantage of long-term demand.

Invest in top Copper Company Stocks with Pocketful – enjoy Zero Brokerage on Stocks & ETFs and trade smarter with Advanced F&O Tools

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11	Why Are Steel Share Prices Increasing in India?

Frequently Asked Questions (FAQs)

Why are copper share prices rising right now?
Copper shares are moving up because demand is rising faster than supply. When that gap increases, prices tend to react quickly.
Why are miners not able to produce more copper?
Mining is slow and complex. New copper mines take 10-15 years to get approved, built, and operational. Even existing mines struggle with lower ore quality and operational issues. So supply remains difficult even when prices rise.
Why is China so important for copper demand?
China consumes more copper than any other country. Even small policy shifts in China can move global copper prices.
How does a weak US dollar affect copper prices?
Since copper is priced in US dollars, a weaker dollar makes it cheaper for global buyers. This often boosts demand and attracts investors to commodities as a hedge against currency weakness.
Is copper a good long-term investment theme?
Copper is increasingly seen as a long-term investment. That said, prices will remain volatile.

February 14, 2026

Best Banking ETFs in India 2026

In India, the banking sector covers a significant portion of the stock market, and its weightage in the index is expected to remain among the highest sectors in 2026. This is why Banking ETFs have become an easy way for investors to gain exposure to multiple large banks with a single investment. India’s ETF market has already crossed ₹10 lakh crore. In this blog, we will explore the 2026 bank ETF list, the best bank ETFs in India, and PSU bank ETF options in a simple and easy-to-understand manner.

What Is a Banking ETF and How Does It Work?

A Banking ETF (Exchange Traded Fund) is an investment instrument that pools together shares of companies directly involved in the banking sector and sells them as units that trade on a stock exchange. This means you can gain exposure to multiple banks such as SBI, HDFC Bank, and ICICI Bank with a single investment, without having to buy each share individually.

How is this different from individual stocks?

When you buy the stock of a single bank, your risk depends solely on that company’s performance. However, a banking ETF includes many large banks in the banking sector, so the risk is spread out, and the portfolio becomes more diversified.

List of Banking ETFs in India 2026

Nippon India ETF Nifty Bank BeES
Kotak Nifty Bank ETF
SBI ETF Nifty Bank
UTI Nifty Bank ETF
Nippon India ETF Nifty PSU Bank BeES
ICICI Prudential Nifty Private Bank ETF
ICICI Prudential Nifty Bank ETF
Aditya Birla Sun Life Nifty Bank ETF
HDFC Nifty Banking ETF
Kotak Nifty PSU Bank ETF

1. Nippon India ETF Bank BeES

The Nippon India ETF Nifty Bank BeES is a sector-based ETF that tracks the Nifty Bank Index, providing investors with diversified exposure to India’s leading banks. This ETF is ideal for those who want to invest in the entire banking sector rather than selecting individual bank stocks. It boasts low costs and a strong AUM, ensuring good liquidity. With major names like HDFC Bank, ICICI Bank, and SBI included, it is considered a representative ETF for the banking sector.

Nippon India ETF Data Table :

Metric	Data
ETF Name	Nippon India ETF Nifty Bank BeES
Ticker	BANKBEES
Fund House	Nippon India Mutual Fund
Current Price	₹617.80
52 Week Low	₹490.00
52 Week High	₹637.13
Expense Ratio	0.19%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	₹8,006.89 Cr
Exchange Listing	NSE & BSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

2. Kotak Nifty Bank ETF

The Kotak Nifty Bank ETF is a banking sector ETF that tracks the Nifty Bank Index, offering investors exposure to a diversified portfolio of leading Indian banking stocks. This fund is suitable for investors seeking low-cost, diversified exposure to the banking sector. It boasts a low expense ratio and a strong AUM, ensuring good trading liquidity. With major banks like HDFC Bank, ICICI Bank, SBI, and Kotak Bank included in its portfolio, it’s a practical option for sector-based allocation.

Kotak Nifty Bank ETF Data Table :

Metric	Data
ETF Name	Kotak Nifty Bank ETF
Fund House	Kotak Mahindra Mutual Fund
Current Price	617.74
52 Week Low	₹490.15
52 Week High	₹651.60
Expense Ratio	0.15%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	6,566.39
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

3. SBI ETF Nifty Bank

SBI ETF Nifty Bank is a sector-based exchange-traded fund that replicates the Nifty Bank Index. The fund’s portfolio is constructed according to the index composition, and therefore includes leading banking stocks in the country such as HDFC Bank, ICICI Bank, State Bank of India, and Axis Bank. This fund has been active in the market for a considerable time and is known for closely mirroring the movements of the banking index. The units are traded on the stock exchange, and the portfolio holdings are updated in line with index rebalancing.

SBI ETF Nifty Bank Data Table :

Metric	Data
ETF Name	SBI ETF Nifty Bank
Fund House	SBI Mutual Fund
Current Price	612.17
52 Week Low	465.64
52 Week High	625.74
Expense Ratio	0.19%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	4,059.55
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

4. UTI Nifty Bank ETF

The UTI Nifty Bank ETF is an exchange-traded fund launched by UTI Mutual Fund that directly tracks the Nifty Bank Index. Its portfolio is constructed according to the index structure, and therefore includes both large private and public sector banks, such as HDFC Bank, ICICI Bank, SBI, and Kotak Mahindra Bank. The ETF’s holdings are adjusted periodically in line with index rebalancing. This fund is traded on the NSE and is designed to closely reflect the movements of the banking index.

UTI Nifty Bank ETF Data Table :

Metric	Data
ETF Name	UTI Nifty Bank ETF
Fund House	UTI Mutual Fund
Current Price	₹61.62
52 Week Low	₹48.71
52 Week High	₹63.38
Expense Ratio	0.18%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	3,977.66
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

5. Nippon India ETF Nifty PSU Bank BeES

The Nippon India ETF Nifty PSU Bank BeES is a sector ETF that tracks the Nifty PSU Bank Index, and its portfolio is entirely based on public sector banks. According to the index composition, it includes government-owned banks such as SBI, Bank of Baroda, Canara Bank, Punjab National Bank, and Union Bank. The fund’s holdings are maintained according to the index weights and are updated during rebalancing. The ETF is traded on the stock exchange and is structured to mirror the index movement of the PSU banking segment.

Nippon India ETF Nifty PSU Bank BeES Data Table :

Metric	Data
ETF Name	Nippon India ETF Nifty PSU Bank BeES
Fund House	Nippon India Mutual Fund
Current Price	98.01
52 Week Low	61.54
52 Week High	102.28
Expense Ratio	0.49%
Avg. PE Ratio	8.74
Avg. PB Ratio	1.26
AUM	3,935.24
Exchange Listing	NSE
Benchmark	Nifty PSU Bank Index

(Data as of 6 Feb,2026)

6. ICICI Prudential Nifty Private Bank ETF

The ICICI Prudential Nifty Private Bank ETF is a thematic banking ETF that tracks the Nifty Private Bank Index. Its portfolio focuses exclusively on private sector banks and is constructed according to the index weights. Holdings include HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and other private banks. The fund’s composition is updated with index rebalancing to maintain tracking alignment. The ETF is traded on the exchange and is structured to reflect the index performance of the private banking segment.

ICICI Prudential Nifty Private Bank ETF Data Table :

Metric	Data
ETF Name	ICICI Prudential Nifty Private Bank ETF
Fund House	ICICI Prudential Mutual Fund
Current Price	29.04
52 Week Low	23.87
52 Week High	30.03
Expense Ratio	0.15%
Avg. PE Ratio	20.49
Avg. PB Ratio	2.16
AUM	3,379.40
Exchange Listing	NSE
Benchmark	Nifty Private Bank Index

(Data as of 6 Feb,2026)

7. ICICI Prudential Nifty Bank ETF

The ICICI Prudential Nifty Bank ETF is an index-based banking ETF that tracks the performance of the Nifty Bank Index. Its portfolio is constructed according to the index weightage, and therefore includes large-cap and actively traded banking stocks such as HDFC Bank, ICICI Bank, SBI, Axis Bank, and Kotak Mahindra Bank. The fund was launched in 2019 and has been trading regularly on the exchange since then. Holdings and weights are adjusted periodically according to index rebalancing to maintain consistent index tracking.

ICICI Prudential Nifty Bank ETF Data Table :

Metric	Data
ETF Name	ICICI Prudential Nifty Bank ETF
Fund House	ICICI Prudential Mutual Fund
Current Price	₹61.23
52 Week Low	47.55
52 Week High	63.19
Expense Ratio	0.15%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	3,222.56
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

8. ICICI Prudential Nifty Bank ETF

ICICI Prudential Nifty Bank ETF Data Table :

Metric	Data
ETF Name	Aditya Birla Sun Life Nifty Bank ETF
Fund House	Aditya Birla Sun Life Mutual Fund
Current Price	₹61.13
52 Week Low	₹47.55
52 Week High	₹63.26
Expense Ratio	0.14%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	₹2,864.72 Cr
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

9. HDFC Nifty Banking ETF

The HDFC Nifty Banking ETF is an exchange-traded fund launched by HDFC Mutual Fund that tracks the Nifty Bank Index. The ETF’s portfolio is constructed according to the index weights, and therefore includes major banking stocks in India such as HDFC Bank, ICICI Bank, SBI, Axis Bank, and Kotak Mahindra Bank. The fund’s holdings are adjusted periodically in line with index rebalancing. The units are traded on the stock exchange, and the ETF’s structure is designed to closely mirror the movements of the banking index.

HDFC Nifty Banking ETF Data Table :

Metric	Data
ETF Name	HDFC Nifty Banking ETF
Fund House	HDFC Mutual Fund
Current Price	₹61.39
52 Week Low	₹48.51
52 Week High	₹63.63
Expense Ratio	0.16%
Avg. PE Ratio	16.72
Avg. PB Ratio	2.02
AUM	₹2,851.90 Cr
Exchange Listing	NSE
Benchmark	Nifty Bank Index

(Data as of 6 Feb,2026)

10. Kotak Nifty PSU Bank ETF

The Kotak Nifty PSU Bank ETF is a sector-focused exchange-traded fund that tracks the Nifty PSU Bank Index. The ETF’s portfolio consists of shares of public sector banks and is maintained according to the index weightage. Holdings include government-owned banks such as SBI, Bank of Baroda, Canara Bank, Punjab National Bank, and Union Bank. The fund’s composition is updated regularly with index rebalancing to maintain accurate index tracking. ETF units are traded on the stock exchange and reflect the index movement of the PSU banking segment.

Kotak Nifty PSU Bank ETF Data Table :

Metric	Data
ETF Name	Kotak Nifty PSU Bank ETF
Fund House	Kotak Mahindra Mutual Fund
Current Price	₹878.50
52 Week Low	₹552.00
52 Week High	₹914.72
Expense Ratio	0.49%
Avg. PE Ratio	8.74
Avg. PB Ratio	1.26
AUM	2,251.64
Exchange Listing	NSE
Benchmark	Nifty PSU Bank Index

(Data as of 6 Feb,2026)

Read Also: Best Commodity ETFs in India

Risks of Investing in Banking ETFs

Sector Concentration Risk : Banking ETFs track only banking sector stocks. If the entire banking sector weakens due to factors like slow loan growth or rising NPAs the ETF’s value is directly impacted. This presents a higher sector-specific risk compared to diversified index funds.
Drawdown Risk During Credit Stress : When the economy experiences deteriorating credit quality or increased defaults, banking stocks can fall sharply. In such phases, banking ETFs may show greater declines than the broader market.
PSU Bank Policy & Governance Risk : PSU bank ETFs have a higher weighting of government-owned banks. These are more susceptible to policy decisions, recapitalization, mergers, or regulatory changes, which can lead to rapid price movements.
High Beta Volatility : The banking index typically exhibits higher volatility than the overall market. The ETF’s price can fluctuate sharply in response to interest rate changes, RBI policies, and credit cycle news.
Liquidity Risk (in smaller ETFs) : Banking ETFs with low AUM (Assets Under Management) and low trading volume may have wider bid-ask spreads. This increases the difference between the buying and selling prices.
How to Manage Risk : Keep sector ETFs as a limited portion of your portfolio, use staggered buying, and avoid making a very large allocation to a single ETF.

Read Also: Best Index ETFs in India

Conclusion

Banking ETFs offer a straightforward and transparent way to gain index-based exposure to the banking sector in 2026. Bank Nifty, Private Bank, and PSU Bank ETFs represent different sector mixes, so it’s crucial to consider the index type, expense ratio, AUM, and liquidity when making a selection. This tool is useful for sector allocation, but building an entire portfolio solely on banking ETFs is not considered a balanced strategy. Always keep diversification in mind. Invest in Banking ETFs with Pocketful – enjoy zero brokerage on ETFs and stocks, advanced trading tools, and an easy-to-use platform.

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Frequently Asked Questions (FAQs)

How is a Bank ETF different from a PSU Bank ETF?
A Bank ETF tracks a broad banking index including both private and public sector banks, while a PSU Bank ETF tracks only public sector (government-owned) banks.
How can I buy a Bank ETF in India?
Bank ETFs are bought on the exchange through a demat account, just like shares.
Is a Bank ETF risky?
Yes, Bank ETFs are sector-based, so they are subject to higher volatility.
Does a Bank ETF give dividends?
The dividend of a Bank ETF is usually adjusted in the NAV (Net Asset Value).
What should I check before selecting a Bank ETF?
Before choosing a Bank ETF, check the expense ratio, AUM (Assets Under Management), and trading volume.

February 14, 2026

Why Are Steel Share Prices Increasing in India?

In India, steel sector stocks have been witnessing a continuous surge these days. Major stocks like Tata Steel, JSW Steel, and SAIL have seen strong buying activity, leading investors to wonder why are steel share prices increasing day by day? There are several solid reasons behind this: the government’s increased spending plans on infrastructure, the benefit to domestic companies from safeguard duties on imports, and the projected 8% increase in steel demand by 2026. In this article, we will understand the real reasons behind this surge in simple terms.

The 3-year Safeguard Duty in India and its impact on steel shares.

The Indian government has imposed a three-year safeguard duty on select flat steel products to curb cheap imports. This decision was made after the trade regulator (DGTR) found that rising imports at low prices threatened to harm the domestic steel industry. This duty applies only to imports below a certain threshold price – meaning imports at normal prices will not be subject to this additional levy.

This measure is specifically designed to protect domestic mills from sudden price drops and maintain stability in the market.

Safeguard Duty Structure

Duration	Duty rate	Note
First year	12%	Applicable to selected flat steel imports.
Second year	11.5%	Phased reduction
third year	11%	Staggered structure
Applicable products	HRC, CRC, coated & colour-coated steel	On imports below the threshold price

Which steel products are covered?

Safeguard duties are primarily applied to products that are widely used in the infrastructure, automotive, engineering, and construction sectors.

Hot Rolled Coils(HRC)
Cold Rolled Coils (CRC)
Plates & flat steel products
Metallic coated steel
Colour-coated steel

Why is this a positive sign for steel shares?

Control over cheap imports : Steel imports from China, Vietnam, Korea, and Japan at low prices were putting pressure on the domestic market. The imposition of duties will reduce under-priced imports, improving the competitive position of Indian companies.
Support for domestic prices : With reduced import pressure, domestic mills have the scope to maintain or increase prices. HRC prices have seen an increase of ₹3,000-₹5,000 per ton in recent months this is part of the same trend.
Improved margins and earnings visibility : When the risk of price declines is reduced, companies have greater predictability regarding their realizations and cash flows. The stock market typically prices in such policy-supported stability positively which is why several steel stocks have shown strength recently.

Adjustment in Anti-Dumping Duty – Avoiding Double Levy

The government has also amended the anti-dumping duty framework to prevent the simultaneous imposition of both safeguard duty and anti-dumping duty on the same import.

If a safeguard duty is in effect, the anti-dumping duty will be adjusted by that amount.
This is a WTO-compliant (trade-compliant) approach.
The policy remains clear and stable for investors and companies.

The real prices of steel are going up.

Since the beginning of 2026, the Indian steel market has witnessed a continuous increase in the prices of Hot Rolled Coil (HRC) and other major steel products. Domestic mills have raised prices twice to improve their margins once in December and again in January. Such consistent increases also indicate an improvement in the demand-supply balance in the market. According to industry reports, domestic HRC and CRC prices increased by approximately 4% in January 2026, while products like rebar saw a surge of around 7%. This suggests that the price increase is not merely due to inventory adjustments, but reflects a genuine rise in steel prices.

Steel price benchmarks 2026

Steel products	Current price (approx.)	Note
HRC (India Ex-Y Mumbai)	₹53,800/tonne	According to data from February 3, 2026
CRC (India Ex-Y Mumbai)	₹61,200/tonne	Flat steel rate
HR Plate (India)	₹55,100/tonne	Plate rate
Rebar (Trade Level)	₹54,500/tonne	14% MoM retail price data in January
HRC-Rebar Spread	-₹2,500	Reverse spread signal

India’s steel exports are strong, and this is impacting its stock prices.

Between 2025 and 2026, India’s steel exports have shown significant growth. This is a major reason why “steel share prices are increasing” and why investors are being attracted to the sector.

Duration	Data	Description
April–November 2025	5.77 million tons (YoY +31%)	India recorded a 31% increase in total steel exports during this period largely due to increased buying driven by preparations in the European Union.
CY 2025 (Calendar Year)	8.59 million tons (YoY +4%)	Exports are projected to be up 4% in 2025 with exports gaining momentum again, particularly in the second half of the year.
Export to EU	2.46 million tons (YoY +45% in Apr–Nov)	The European Union influenced forward purchasing, which led to increased deliveries of flat steel products such as HRC and CRC.

CBAM and Europe’s Role

Although the European Union’s Carbon Border Adjustment Mechanism (CBAM) came into effect in 2026 imposing carbon costs on imported steel — European buyers still made advance purchases at the end of 2025 to stock up before the new regulations took effect.

Domestic Demand-Supply Balance Strengthens : When exports increase, domestic market inventory decreases, leading to better utilization of production capacity. This reduces downward pressure on prices and allows companies to command better rates.
Improved Margins and Earnings Confidence : The premium rates received for exports can differ from domestic rates especially in niche markets leading to improved profitability and margins for companies. Investors view this as a positive indicator for future earnings.
India’s Role in Global Balance : As production slowed or policy pressures increased in countries like China and others, India leveraged its manufacturing capacity and export network. This shifted foreign demand towards India, which in turn drives up steel stock prices.

Why is domestic steel demand increasing, and what are the implications?

Domestic Steel Demand Trends (Figures valid for 2025–26)

According to recent industry estimates, steel consumption in India is steadily increasing. A report by the rating agency ICRA indicates that domestic steel demand will grow at a robust rate of approximately 8% in fiscal year 2025–26 (FY26), translating to an additional requirement of around 11–12 million tonnes (MT). This growth is primarily driven by strong activity in the infrastructure, construction, and automobile sectors.

Year	Domestic steel demand growth (%)	Estimated additional demand
FY25/2026	8%	11-12 million tons of additional demand
2025–26	9% (according to other estimates)	Consistently strong industrial use

Homes, infrastructure, and manufacturing are the main consumers.

Infrastructure Development: Strong demand persists due to large government projects such as roads, railways, freight corridors, and metro projects.
Construction and Real Estate : Construction activities are increasing in urban and semi-urban areas, leading to higher demand for thermal, rebar, and structural steel.
Manufacturing and Automobiles : The manufacturing industry and automobile production are experiencing a surge, resulting in robust demand for various steel products such as plates, sheets, and rolls.

Why Steel Shares Price Is Increasing

Import Protection Provides Price Support : The government’s imposition of safeguard duties on flat steel has curbed cheap imports. This is helping domestic companies maintain better pricing and has reduced pressure on margins. This is a direct positive signal for steel stocks.
Mills Implement Consecutive Price Hikes : In recent months, several steel mills have increased prices for HRC and other products multiple times. When companies raise actual product prices, the market interprets this as a sign of improved future revenue.
Export Growth Balances Demand : The recent increase in steel exports has eased pressure on domestic supply. Strong orders from the EU and other markets have led to improved capacity utilization which supports share prices.
Domestic Demand + Capex Cycle : Infrastructure and construction demand remains strong, and companies like SAIL and NMDC are increasing capital expenditure (capex). Increased capex indicates that companies are confident about future demand.

Read Also: Top Steel Penny Stocks in India

Removal or weakening of Safeguard Duty : Currently, steel stocks are receiving significant support from the government’s safeguard duty. If this duty is removed or the rate is reduced in the future, cheaper imports could surge again potentially putting pressure on domestic prices and stock values.
Sharp decline in Global Steel Prices : Steel is a global commodity. If international steel prices fall sharply, Indian mills may also have to lower their rates which could quickly change market sentiment.
Resurgence of Dumping from China : If China or other Asian countries start exporting surplus steel at low prices, it could lead to an oversupply in the Indian market. This would impact both margins and pricing power.
Rapid increase in Domestic Capacity : If new capacity (new plants/blast furnaces) in India comes online faster than expected, the increased supply could put pressure on prices especially in flat steel.
Slowdown in Domestic Demand : Infrastructure and construction demand are currently the basis of the rally. If government capital expenditure or real estate activity slows down, steel consumption could decrease which would be a negative signal for stocks.
Margin Pressure from Raw Material Costs : Rising costs of met coke, iron ore, and energy can squeeze companies’ margins. If final steel prices don’t rise as fast as costs, profit expectations could weaken.

Conclusion

The rally seen in steel stocks is not just short-term enthusiasm. The government’s safeguard duty, rising steel prices, strong export orders, and robust domestic infrastructure demand are all contributing to supporting the sector. However, the steel business is cyclical, so instead of investing blindly, it would be wise to make decisions based on data and quarterly results.

Download Pocketful for smart investing – zero brokerage on delivery, advanced F&O tools, and daily market updates all in one platform.

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9	What is a Long Build Up in the Share Market?
10	Are Indian Stock Markets Overvalued?

Frequently Asked Questions (FAQs)

Why are steel share prices increasing in India?
Government safeguard duties, rising steel prices, and strong demand these three factors are supporting the share prices.
Why are steel share prices increasing day by day?
Policy news, price hikes, and continuous buying by investors are creating daily momentum.
Does the safeguard duty benefit steel companies?
Yes, it reduces cheaper imports and allows domestic companies to get better prices.
Do higher steel prices help steel stocks?
In most cases, yes, because it leads to expectations of better earnings for the companies.
Can steel stocks correct from here?
Yes, a decline is possible if global prices or demand weakens.

February 13, 2026

Blog

Remisier vs Authorized Person (AP): Key Differences, Income & Registration Guide

What Is a Remisier?

Role in Practice:

What Is an Authorised Person?

Remisier Vs Authorised Person

Legal & Regulatory Difference Remisier Vs Authorised Person

Who Should Choose Remisier?

Who Should Become an Authorised Person?

Income Model Breakdown Remisier vs. Authorized Person: Which Pays Better in Practice?

Scenario A : Small Client Base

Scenario B : Active Traders’ Client Base

Scenario C : Advisory + Execution Support Model

Conclusion

Frequently Asked Questions (FAQs)

What is the basic difference between a Remisier and an Authorized Person?

Which is simpler to start a Remisier or an Authorized Person?

Is exchange registration needed for a Remisier vs. an Authorized Person?

Who can earn more between a Remisier and an Authorized Person?

Can I work part-time with a Remisier vs. an Authorized Person?

Who supports client trades between a Remisier and an Authorized Person?

Best Retailing Stocks in India 2026

What are Retailing Stocks?

Top Retailing Stocks to Buy in India

Overview of Best Retailing Stocks to Buy in India

1. Avenue Supermarts Limited

2. Trent Limited

3. Vishal Mega Mart Limited

4. Brainbees Solutions Limited

5. Aditya Birla Lifestyle Brands Limited

6. Cartrade Tech Limited

7. MedPlus Health Services Limited

8. Aditya Birla Fashion and Retail Limited

9. V2 Retail Limited

10. Ethos Limited

Key Performance Indicators (KPIs)

Benefits of Investing in Retailing Stocks

Factors to Consider Before Investing in Retailing Stocks

Future of Retailing Stocks

Conclusion

Frequently Asked Questions (FAQs)

What are retailing stocks?

Name some retailing stocks in India?

What are the key risks involved while investing in retail stocks?

How to select the best retailing stocks?

How to invest in retailing stocks?

Best 10 Sleeper Low-Beta Stocks for 2026

What are Low Beta Stocks?

List of 10 Best Low-Beta Sleeper Stocks

Overview of Best Low-Beta Sleeper Stocks

1. Bharti Airtel Ltd

2. Hindustan Unilever Ltd

3. ITC Limited

4. Reliance Industries Ltd

5. HDFC Bank Ltd

6. Maruti Suzuki India Ltd

7. Asian Paints Ltd

8. Pidilite Industries Ltd

9. Power Grid Corporation of India Ltd

10. Coal India Ltd

Key Performance Indicators (KPIs)

Benefits of investing in Low-Beta Stocks

Factors to be Considered Before Investing in Low-Beta Stocks

Conclusion

Frequently Asked Questions (FAQs)

Why are low-beta stocks considered “defensive”?

Are low-beta stocks completely safe?

Who should consider investing in low-beta stocks?

How can I check a stock’s beta?

How often should I review low-beta stocks?

Mutual Funds vs Individual Stocks: Which Investment Option Is Better for You?

What are mutual funds?

Key Features of Mutual Funds

What are individual stocks?

Key Features of Individual Stocks

Difference between Mutual Funds and Individual Stocks

Which is better, mutual funds or individual stocks?

Mutual Funds

Individual Stocks

Conclusion