Sectors
Which sectors mutual funds are adding to and trimming, and how sector and thematic funds have returned.
Nifty Realty P/E at 34.3: low on earnings, not on book
27 May 2026
Nifty Realty closed at a P/E of 34.30 on 26 May 2026, below all but 28 sessions since 2022, while its P/B sits mid-range. The index is 32% below its 2024 peak.
Market ValuationsSectors
Technology funds in May 2026: down, but less than Nifty IT
22 May 2026
In the year to 21 May 2026 the median technology fund lost 11.57%, against an estimated 20.25% for the Nifty IT. All 12 funds with a one-year record lost less.
SectorsFund Returns
Nifty Auto P/E at 29.4: dear on earnings, cheap on book
13 May 2026
Nifty Auto closed at a P/E of 29.35 on 12 May 2026, above its median since 2023, while its P/B sits near a three-year low. Its earnings fell 14% in a year.
Market ValuationsSectorsNifty 50 stocks in April 2026: 47 of 50 rose
05 May 2026
47 current Nifty 50 stocks rose in April 2026, led by Adani Enterprises (+36.9%); HCL Tech fell 10.6%. Three of March's four worst led the gains.
SectorsMarket Recap
Nifty Pharma P/E at 34.7, above its five-year median
28 Apr 2026
Nifty Pharma closed at a P/E of 34.69 on 27 April 2026, above its median since 2021 and 2.6% off its record, while the Nifty 50 is down 7.8% this year.
Market ValuationsSectors
Banking and financial services funds vs the Nifty Bank
24 Apr 2026
Over three years to 23 April 2026 the median banking and financial services fund returned 17.37% a year, against an estimated 11.14% for the Nifty Bank.
SectorsFund Returns
Nifty FMCG P/E at 34, near its lowest since 2021
14 Apr 2026
Nifty FMCG closed at a P/E of 34.01 on 13 April 2026, below all but 10 sessions since 2021. Its earnings rose 12% in a year while its price fell 15%.
Market ValuationsSectors
Nifty 50 stocks in March 2026: 46 of 50 fell
04 Apr 2026
Only 4 current Nifty 50 stocks rose in March 2026; Coal India led with +4.6% and Tata Motors PV fell 22.6%. 24 stocks fell more than the index. Best and worst.
SectorsMarket RecapNifty IT P/E at 21.1, level with the Nifty 50
27 Mar 2026
Nifty IT closed at a P/E of 21.08 on 25 March 2026, below all but 10 sessions since 2021 and level with the Nifty 50. Its price fell 22% in eight weeks.
Market ValuationsSectorsNifty Bank P/B at 1.96, its lowest since 2021
10 Mar 2026
Nifty Bank closed at a price-to-book of 1.96 on 9 March 2026, lower than any session since March 2021, with the index only 9% below its February record.
Market ValuationsSectors
Nifty 50 stocks in February 2026: IT fills the bottom
04 Mar 2026
30 of the 50 current Nifty 50 stocks rose in February 2026, led by Power Grid (+16.4%). All five IT stocks fell 15% to 22%. Best, worst and the sector split.
SectorsMarket Recap