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APRIL 2016 AUDIT: AN ALMOST FLAT MONTH

Nifty +1.44% · best Realty +11.66% · worst IT -1.00%

Published by The Retail Trader · APR 29, 2016 · Monthly Audit

The April 2016 audit — what every major index and every sector did across the month's 18 sessions, all measured from the 2016-03-31 close to the 2016-04-29 close.

April 2016 index and sector returns
2016-03-31 to 2016-04-29 — the return of every index and sector

INDEX LEVEL

An account of 18 sessions, best to worst:
• Bank Nifty — +4.05%, close 16795.00
• Midcap 100 — +3.47%, close 13195.30
• Nifty 500 — +2.11%, close 6588.55
• Nifty 50 — +1.44%, close 7849.80
• Sensex — +1.04%, close 25606.62

Of the Nifty's 18 sessions, 11 were up and 7 down. The best day was 2016-04-13 (+1.84%), the worst 2016-04-05 (-2.01%). There were 2.0 points between the Midcap 100 and the Nifty — the broad market was ahead of large caps.

SECTOR LEVEL

There were 12.7 percentage points between the best and the worst sector:
• Realty — +11.66%
• Metal — +6.96%
• Media — +4.41%
• Bank — +4.05%
• Pharma — +2.77%
• FMCG — -0.13%
• PSU Bank — -0.20%
• IT — -1.00%

VOLATILITY AND DRAWDOWN

India VIX ranged between 16.01 and 17.83 during the month and closed at 16.54. The deepest peak-to-trough fall in the Nifty inside the month was -2.7% — so despite the month's net number of +1.44%, 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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