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Nifty -2.53% · best Media +11.23% · worst Bank -3.64%
Published by The Retail Trader · AUG 31, 2023 · Monthly Audit
The August 2023 audit — what every major index and every sector did across the month's 22 sessions, all measured from the 2023-07-31 close to the 2023-08-31 close.
An account of 22 sessions, best to worst:
• Midcap 100 — +3.70%, close 39118.65
• Nifty 500 — -0.79%, close 16924.30
• Nifty 50 — -2.53%, close 19253.80
• Sensex — -2.55%, close 64831.41
• Bank Nifty — -3.64%, close 43989.15
Of the Nifty's 22 sessions, 11 were up and 11 down. The best day was 2023-08-04 (+0.70%), the worst 2023-08-02 (-1.05%). There were 6.2 points between the Midcap 100 and the Nifty — the broad market was ahead of large caps.
There were 14.9 percentage points between the best and the worst sector:
• Media — +11.23%
• IT — +4.13%
• Pharma — +0.69%
• Metal — -1.46%
• Realty — -1.47%
• FMCG — -2.93%
• PSU Bank — -3.32%
• Bank — -3.64%
India VIX ranged between 10.28 and 12.40 during the month and closed at 12.06. The deepest peak-to-trough fall in the Nifty inside the month was -2.4% — so despite the month's net number of -2.53%, 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.