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SEPTEMBER 2017 AUDIT: AN ALMOST FLAT MONTH

Nifty -1.30% · best Pharma +3.53% · worst PSU Bank -7.57%

Published by The Retail Trader · SEP 29, 2017 · Monthly Audit

The September 2017 audit — what every major index and every sector did across the month's 21 sessions, all measured from the 2017-08-31 close to the 2017-09-29 close.

September 2017 index and sector returns
2017-08-31 to 2017-09-29 — the return of every index and sector

INDEX LEVEL

An account of 21 sessions, best to worst:
• Midcap 100 — -0.93%, close 18107.95
• Bank Nifty — -1.09%, close 24053.00
• Nifty 500 — -1.09%, close 8600.00
• Nifty 50 — -1.30%, close 9788.60
• Sensex — -1.41%, close 31283.72

Of the Nifty's 21 sessions, 10 were up and 11 down. The best day was 2017-09-12 (+0.87%), the worst 2017-09-22 (-1.56%).

SECTOR LEVEL

There were 11.1 percentage points between the best and the worst sector:
• Pharma — +3.53%
• Metal — +2.17%
• Media — +0.58%
• IT — -0.79%
• Bank — -1.09%
• Realty — -2.46%
• FMCG — -5.24%
• PSU Bank — -7.57%

VOLATILITY AND DRAWDOWN

India VIX ranged between 11.44 and 13.86 during the month and closed at 12.49. The deepest peak-to-trough fall in the Nifty inside the month was -4.1% — so despite the month's net number of -1.30%, 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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