Nifty +7.94% · best Metal +13.69% · worst Pharma +3.65%
Published by The Retail Trader · DEC 29, 2023 · Monthly Audit
The December 2023 audit — what every major index and every sector did across the month's 20 sessions, all measured from the 2023-11-30 close to the 2023-12-29 close.
An account of 20 sessions, best to worst:
• Bank Nifty — +8.57%, close 48292.25
• Nifty 500 — +8.01%, close 19429.15
• Nifty 50 — +7.94%, close 21731.40
• Sensex — +7.84%, close 72240.26
• Midcap 100 — +7.63%, close 46181.65
Of the Nifty's 20 sessions, 15 were up and 5 down. The best day was 2023-12-04 (+2.07%), the worst 2023-12-20 (-1.41%).
All eight of the eight sectors closed positive — a broad-based month:
• Metal — +13.69%
• PSU Bank — +13.34%
• Realty — +9.73%
• IT — +9.00%
• Bank — +8.57%
• FMCG — +7.50%
• Media — +3.99%
• Pharma — +3.65%
India VIX ranged between 12.07 and 15.56 during the month and closed at 14.50. The deepest peak-to-trough fall in the Nifty inside the month was -1.4% — so despite the month's net number of +7.94%, 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.