Today: 20 March 2026
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NASDAQ:ENVX 18 December 2025

Energy Storage Stocks Surge at Midday as Grid Scarcity, Texas Battery Buildout, and Analyst Upgrades Refocus Wall Street

Energy Storage Stocks Surge at Midday as Grid Scarcity, Texas Battery Buildout, and Analyst Upgrades Refocus Wall Street

Energy storage stocks jumped at midday, with Sunrun up 7.7%, SES AI 7.4%, and Enphase 5.3%. Tesla and Fluence each rose 4.4%. Generac fell 3.5%. PJM’s latest capacity auction hit a record price cap, missing its reserve margin target by over 6,600 MW, as data center demand surged.

Stock Market Today

  • SBI Shares Gain Nearly 2% as PSU Banks Rally on SBI Mutual Fund IPO Filing
    March 20, 2026, 5:02 AM EDT. Shares of State Bank of India (SBI) rose 1.75% on Friday amid a broader rally in public sector undertaking (PSU) banks. The surge followed the filing of draft papers by SBI Funds Management, SBI's asset management arm, for a high-profile initial public offering (IPO) with regulator Sebi. The IPO will be an offer for sale by promoters with no fresh issue, seen as a key step to unlock value in SBI, India's largest mutual fund manager with assets over Rs 12.6 lakh crore. Benchmark indices strengthened, with the Sensex up 0.9% and the Nifty crossing 23,200. The development has lifted sentiment across banking stocks, particularly in the Nifty Bank index.
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