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Nifty -0.33% · best Metal +5.97% · worst PSU Bank -2.89%
Published by The Retail Trader · MAY 31, 2024 · Monthly Audit
The May 2024 audit — what every major index and every sector did across the month's 21 sessions, all measured from the 2024-04-30 close to the 2024-05-31 close.
An account of 21 sessions, best to worst:
• Midcap 100 — +1.65%, close 51705.70
• Nifty 500 — +0.51%, close 21103.30
• Nifty 50 — -0.33%, close 22530.70
• Sensex — -0.70%, close 73961.31
• Bank Nifty — -0.84%, close 48983.95
Of the Nifty's 21 sessions, 10 were up and 11 down. The best day was 2024-05-23 (+1.64%), the worst 2024-05-09 (-1.55%).
There were 8.9 percentage points between the best and the worst sector:
• Metal — +5.97%
• Realty — +4.74%
• FMCG — -0.25%
• Bank — -0.84%
• Pharma — -0.92%
• Media — -1.18%
• IT — -2.45%
• PSU Bank — -2.89%
India VIX ranged between 13.45 and 24.60 during the month and closed at 24.60. The deepest peak-to-trough fall in the Nifty inside the month was -3.0% — so despite the month's net number of -0.33%, 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.