The benchmark Sensex gained 5.6 per cent in January, its best monthly start to a calendar year since 2015 and third-best start since 2002. The optimism, however, was largely restricted to frontline stocks, with the broad market-based BSE Midcap and BSE Smallcap indices ending with close to three per cent losses. The advance-decline ratio also points to weakness, with two components (of the BSE 500, Midcap and Smallcap indices) ending with losses for every one gain.
After logging gains in January, the market has ended the full year with losses only on two occasions—2002 and 2012. In 2012, the Sensex had surged 11.2 per cent in January but ended the year with 25 per cent loss.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%