Mutual fund industry participants shared their Budget 2026 wishlist, calling for simpler taxation, restoration of indexation benefits on debt funds, and higher long term capital gains relief. Industry bodies said reforms could boost household participation and encourage disciplined investing. Experts noted  the clearer tax policies may improve investor confidence and influence portfolio allocation decisions during the upcoming financial year.

Shadowfax Technologies IPO continued to attract investor interest on day two, with subscription levels improving across categories. Grey market premium trends signalled cautious optimism among traders. Flagged valuation comfort and growth visibility as key considerations. Retail participation remained healthy, while overall demand reflected selective risk appetite amid volatile market conditions and persistent macroeconomic uncertainty. Investors monitored institutional bids and listing prospects closely during volatility.