Nifty +4.72% · best IT +11.32% · worst Pharma -2.45%
Published by The Retail Trader · JAN 31, 2018 · Monthly Audit
The January 2018 audit — what every major index and every sector did across the month's 21 sessions, all measured from the 2017-12-29 close to the 2018-01-31 close.
An account of 21 sessions, best to worst:
• Bank Nifty — +7.20%, close 27379.45
• Sensex — +5.60%, close 35965.02
• Nifty 50 — +4.72%, close 11027.70
• Nifty 500 — +2.18%, close 9697.90
• Midcap 100 — -1.65%, close 20785.20
Of the Nifty's 21 sessions, 15 were up and 6 down. The best day was 2018-01-23 (+1.07%), the worst 2018-01-02 (-0.84%). There were 6.4 points between the Midcap 100 and the Nifty — large caps were ahead of the broad market.
There were 13.8 percentage points between the best and the worst sector:
• IT — +11.32%
• Bank — +7.20%
• Metal — +3.19%
• FMCG — +1.03%
• Media — +0.71%
• PSU Bank — -0.51%
• Realty — -0.63%
• Pharma — -2.45%
India VIX ranged between 13.11 and 18.04 during the month and closed at 15.93. The deepest peak-to-trough fall in the Nifty inside the month was -0.9% — so despite the month's net number of +4.72%, 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.