Nifty -0.29% · best IT +7.33% · worst Media -15.31%
Published by The Retail Trader · JAN 31, 2019 · Monthly Audit
The January 2019 audit — what every major index and every sector did across the month's 22 sessions, all measured from the 2018-12-31 close to the 2019-01-31 close.
An account of 22 sessions, best to worst:
• Sensex — +0.52%, close 36256.69
• Bank Nifty — +0.50%, close 27295.45
• Nifty 50 — -0.29%, close 10830.95
• Nifty 500 — -1.81%, close 9003.85
• Midcap 100 — -5.43%, close 16904.75
Of the Nifty's 22 sessions, 11 were up and 11 down. The best day was 2019-01-31 (+1.68%), the worst 2019-01-03 (-1.11%). There were 5.1 points between the Midcap 100 and the Nifty — large caps were ahead of the broad market.
There were 22.6 percentage points between the best and the worst sector:
• IT — +7.33%
• Bank — +0.50%
• Pharma — -0.49%
• Realty — -1.64%
• PSU Bank — -2.01%
• FMCG — -2.35%
• Metal — -7.57%
• Media — -15.31%
That spread is worth attention: the index recorded -0.29%, but IT was at +7.33% and Media at -15.31%. Within one and the same month, this was an entirely different month for two portfolios.
India VIX ranged between 15.27 and 18.90 during the month and closed at 17.12. The deepest peak-to-trough fall in the Nifty inside the month was -2.8% — so despite the month's net number of -0.29%, 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.