Loading
Nifty +2.84% · best Media +22.36% · worst FMCG -0.90%
Published by The Retail Trader · AUG 31, 2020 · Monthly Audit
The August 2020 audit — what every major index and every sector did across the month's 21 sessions, all measured from the 2020-07-31 close to the 2020-08-31 close.
An account of 21 sessions, best to worst:
• Bank Nifty — +9.77%, close 23754.35
• Midcap 100 — +7.83%, close 16682.65
• Nifty 500 — +3.72%, close 9372.05
• Nifty 50 — +2.84%, close 11387.50
• Sensex — +2.72%, close 38628.29
Of the Nifty's 21 sessions, 15 were up and 6 down. The best day was 2020-08-04 (+1.87%), the worst 2020-08-31 (-2.23%). There were 5.0 points between the Midcap 100 and the Nifty — the broad market was ahead of large caps.
There were 23.3 percentage points between the best and the worst sector:
• Media — +22.36%
• Metal — +12.73%
• Realty — +10.82%
• Bank — +9.77%
• PSU Bank — +8.06%
• Pharma — -0.62%
• IT — -0.79%
• FMCG — -0.90%
That spread is worth attention: the index recorded +2.84%, but Media was at +22.36% and FMCG at -0.90%. Within one and the same month, this was an entirely different month for two portfolios.
India VIX ranged between 18.35 and 25.19 during the month and closed at 22.84. The deepest peak-to-trough fall in the Nifty inside the month was -2.2% — 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.