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MAY 2020 AUDIT: NIFTY DOWN 2.8%

Nifty -2.84% · best Pharma +4.73% · worst PSU Bank -14.80%

Published by The Retail Trader · MAY 29, 2020 · Monthly Audit

The May 2020 audit — what every major index and every sector did across the month's 19 sessions, all measured from the 2020-04-30 close to the 2020-05-29 close.

May 2020 index and sector returns
2020-04-30 to 2020-05-29 — the return of every index and sector

INDEX LEVEL

An account of 19 sessions, best to worst:
• Midcap 100 — -1.70%, close 13273.00
• Nifty 500 — -2.38%, close 7822.40
• Nifty 50 — -2.84%, close 9580.30
• Sensex — -3.84%, close 32424.10
• Bank Nifty — -10.39%, close 19297.25

Of the Nifty's 19 sessions, 9 were up and 10 down. The best day was 2020-05-27 (+3.17%), the worst 2020-05-04 (-5.74%).

SECTOR LEVEL

There were 19.5 percentage points between the best and the worst sector:
• Pharma — +4.73%
• FMCG — +2.19%
• Media — +1.56%
• Metal — +1.07%
• IT — -0.69%
• Realty — -3.84%
• Bank — -10.39%
• PSU Bank — -14.80%

VOLATILITY AND DRAWDOWN

India VIX ranged between 30.02 and 43.67 during the month and closed at 30.22. The deepest peak-to-trough fall in the Nifty inside the month was -6.0% — so despite the month's net number of -2.84%, 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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