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JUNE 2024 AUDIT: NIFTY UP 6.6%

Nifty +6.57% · best IT +11.65% · worst PSU Bank -0.27%

Published by The Retail Trader · JUN 28, 2024 · Monthly Audit

The June 2024 audit — what every major index and every sector did across the month's 19 sessions, all measured from the 2024-05-31 close to the 2024-06-28 close.

June 2024 index and sector returns
2024-05-31 to 2024-06-28 — the return of every index and sector

INDEX LEVEL

An account of 19 sessions, best to worst:
• Midcap 100 — +7.80%, close 55736.90
• Nifty 500 — +6.90%, close 22559.70
• Sensex — +6.86%, close 79032.73
• Bank Nifty — +6.86%, close 52342.25
• Nifty 50 — +6.57%, close 24010.60

Of the Nifty's 19 sessions, 14 were up and 5 down. The best day was 2024-06-05 (+3.36%), the worst 2024-06-04 (-5.93%).

SECTOR LEVEL

There were 11.9 percentage points between the best and the worst sector:
• IT — +11.65%
• Realty — +8.37%
• Bank — +6.86%
• Media — +6.52%
• Pharma — +4.98%
• FMCG — +4.90%
• Metal — +0.93%
• PSU Bank — -0.27%

VOLATILITY AND DRAWDOWN

India VIX ranged between 12.82 and 26.75 during the month and closed at 13.80. The deepest peak-to-trough fall in the Nifty inside the month was -5.9% — so despite the month's net number of +6.57%, 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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