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JANUARY 2015 AUDIT: NIFTY UP 6.4%

Nifty +6.35% · best Realty +16.59% · worst Metal -5.55%

Published by The Retail Trader · JAN 30, 2015 · Monthly Audit

The January 2015 audit — what every major index and every sector did across the month's 20 sessions, all measured from the 2014-12-31 close to the 2015-01-30 close.

January 2015 index and sector returns
2014-12-31 to 2015-01-30 — the return of every index and sector

INDEX LEVEL

An account of 20 sessions, best to worst:
• Nifty 50 — +6.35%, close 8808.90
• Sensex — +6.12%, close 29182.95
• Bank Nifty — +5.91%, close 19843.75
• Nifty 500 — +5.80%, close 7166.70
• Midcap 100 — +4.29%, close 13124.10

Of the Nifty's 20 sessions, 14 were up and 6 down. The best day was 2015-01-15 (+2.62%), the worst 2015-01-06 (-3.00%). There were 2.1 points between the Midcap 100 and the Nifty — large caps were ahead of the broad market.

SECTOR LEVEL

There were 22.1 percentage points between the best and the worst sector:
• Realty — +16.59%
• Pharma — +6.79%
• Bank — +5.91%
• IT — +5.42%
• FMCG — +5.17%
• Media — -1.25%
• PSU Bank — -5.22%
• Metal — -5.55%

That spread is worth attention: the index recorded +6.35%, but Realty was at +16.59% and Metal at -5.55%. Within one and the same month, this was an entirely different month for two portfolios.

VOLATILITY AND DRAWDOWN

India VIX ranged between 13.80 and 20.17 during the month and closed at 20.17. The deepest peak-to-trough fall in the Nifty inside the month was -3.5% — so despite the month's net number of +6.35%, a decline of that depth was seen along the way.

All figures in this article were computed from The Retail Trader daily index database through 24 July 2026. Past performance does not indicate future performance. This analysis is educational only and is not a recommendation to buy or sell.

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