Blog
What the numbers said — fund returns and costs, foreign and domestic flows, index valuations, gold and silver — plus tax, retirement and personal-finance basics, written from the same data the rest of this site shows, with the date on every figure.
FII and DII flows in the first half of 2026
08 Jul 2026
FIIs sold a net ₹3,45,744 crore of Indian shares from January to June 2026, 2.8 times the first half of 2025. DIIs bought ₹4,70,137 crore.
FII & DII Flows
New mutual funds in June 2026, and the first half
07 Jul 2026
5 new schemes published a first NAV in June 2026, taking the first half to 79, down from 97 in January–June 2025. Index fund launches fell most, from 43 to 27.
Fund Industry
Nifty 50 P/E at 21.06 to start the second half
07 Jul 2026
The Nifty 50 closed at a P/E of 21.06 on 6 July 2026, up from 20.21 in early June as the index rose 4.3%. In the first half, earnings rose just 1%.
Market Valuations
Equity fund scorecard, June 2026: a flat first half
06 Jul 2026
The median equity fund ended the first half of 2026 down 0.14%, but small caps were up 10.32% and large caps down 4.84%. June, first-half and 1-5 year medians.
Fund Returns
Nifty 50 stocks in the first half of 2026: IT at the bottom
03 Jul 2026
In January–June 2026, 24 of 49 current Nifty 50 stocks rose. Adani Enterprises led (+35.6%); all five IT stocks fell over 11%, Infosys 38.1%. The table.
SectorsMarket Recap
FII vs DII in June 2026: heavy start, quiet finish
02 Jul 2026
FIIs sold a net ₹49,029 crore in June 2026, 84% of it in the first seven sessions. DIIs bought ₹85,800 crore and the Nifty 50 rose 1.35%.
FII & DII Flows
Gold fell 12.9% and silver 22.4% in June 2026
02 Jul 2026
June 2026 was the worst month in our series for gold (−12.9%) and silver (−22.4%). Over the first half of 2026, gold lost 1.8% and silver 10.5%.
Gold & Silver
First half of 2026 in numbers: the fall and the climb
01 Jul 2026
The Nifty 50 fell 8.7% in January–June 2026 while the Smallcap 250 rose 6.2% and Nifty IT lost 30.6%. FIIs sold ₹3.46 lakh crore. June and the half-year.
Market Recap
The cheapest and dearest NSE indices at mid-2026
30 Jun 2026
On 29 June 2026, 40 of 60 NSE indices sat below their own median P/E since 2021, against 20 at the end of 2025. IT was 34% below its median, Pharma 15% above.
Market ValuationsSectors
Gold falls to its lowest since December 2025
29 Jun 2026
Gold closed at ₹1,22,112 per 10 grams on 24 June 2026, its lowest since 10 December 2025 and 22.4% below its January peak. June is down 12.1% so far.
Gold & Silver
Aggressive hybrid funds made 1.44% as large caps lost 1.11%
26 Jun 2026
In the year to 25 June 2026 the median aggressive hybrid fund returned 1.44%, the median large cap fund −1.11%. Hybrids fell less, rebounded nearly as far.
Debt & Hybrid FundsFund Returns
Nifty Energy P/E at 14.9; Oil & Gas near a five-year low
25 Jun 2026
Nifty Energy closed at a P/E of 14.86 on 24 June 2026, above its median since 2021. Nifty Oil & Gas, at 8.82, was below all but 174 sessions. Why they split.
Market ValuationsSectorsThe ten biggest FII selling days of 2026 so far
24 Jun 2026
FIIs sold ₹1,07,745 crore on their ten heaviest days of 2026, nearly a third of the year's net sales. DIIs bought ₹1,07,354 crore on the same days.
FII & DII FlowsSilver is 41% below its January 2026 peak
23 Jun 2026
Silver closed at ₹1,98,730 per kg on 22 June 2026, 41.3% below its January peak of ₹3,38,545, the deepest fall in our series, which starts in 2021.
Gold & Silver
Pharma and healthcare funds in June 2026: up 10% this year
19 Jun 2026
On 18 June 2026 the median healthcare fund was up 10.03% for 2026 while the Nifty 50 was down 7.57%. Returns over 1, 3 and 5 years against the Nifty Pharma.
SectorsFund Returns
Nifty Smallcap 250 P/E at 34.6, up from 24.3 in March
18 Jun 2026
The Nifty Smallcap 250 closed at a P/E of 34.64 on 17 June 2026, dearer than on 93% of days since 2021. Its price rose 19% while its earnings fell 17%.
Market Valuations
Active large caps vs index funds: 22 of 27 won on 5 years
17 Jun 2026
To 16 June 2026, 22 of 27 active large-cap funds beat the median Nifty 50 index fund's 9.71% a year over five years. Over ten years, 15 of 22 did.
Fund ReturnsCosts & FeesValue and contra funds in June 2026: ahead of flexi caps
16 Jun 2026
Over five years to 15 June 2026 the median value fund returned 15.11% a year and the median flexi-cap fund 12.33%. Over one year they were level, near 1.5%.
Fund Returns
A SIP started at the January peak, six instalments on
15 Jun 2026
₹10,000 a month in a Nifty 50 index fund from the 2 January 2026 record is down 2.89% after six instalments. The same ₹60,000 as a lump sum is down 10.01%.
Fund ReturnsNifty Midcap 150 P/E at 27.8: lower than in March
12 Jun 2026
The Nifty Midcap 150 closed at a P/E of 27.81 on 11 June 2026, under March's 30.34 though the index is 6.7% higher. Its earnings rose about 16%.
Market Valuations