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Nifty 50 monthly returns

Every monthly return of Nifty 50 since 2007, in one table. October 2026 so far: −0.44%.

Latest: 9 October 2026 · source: NSE and Yahoo Finance closes, Aurevian's calculation

Month by month

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	−3.1	−0.6	−11.3	+7.5	−1.9	+1.4	+2.2	−1.2	−6.1	−0.4
2025	−0.6	−5.9	+6.3	+3.5	+1.7	+3.1	−2.9	−1.4	+0.8	+4.5	+1.9	−0.3
2024	−0.0	+1.2	+1.6	+1.2	−0.3	+6.6	+3.9	+1.1	+2.3	−6.2	−0.3	−2.0
2023	−2.5	−2.0	+0.3	+4.1	+2.6	+3.5	+2.9	−2.5	+2.0	−2.8	+5.5	+7.9
2022	−0.1	−3.1	+4.0	−2.1	−3.0	−4.8	+8.7	+3.5	−3.7	+5.4	+4.1	−3.5
2021	−2.5	+6.6	+1.1	−0.4	+6.5	+0.9	+0.3	+8.7	+2.8	+0.3	−3.9	+2.2
2020	−1.7	−6.4	−23.2	+14.7	−2.8	+7.5	+7.5	+2.8	−1.2	+3.5	+11.4	+7.8
2019	−0.3	−0.4	+7.7	+1.1	+1.5	−1.1	−5.7	−0.8	+4.1	+3.5	+1.5	+0.9
2018	+4.7	−4.8	−3.6	+6.2	−0.0	−0.2	+6.0	+2.9	−6.4	−5.0	+4.7	−0.1
2017	+4.6	+3.7	+3.3	+1.4	+3.4	−1.0	+5.8	−1.6	−1.3	+5.6	−1.1	+3.0
2016	−4.8	−7.6	+10.8	+1.4	+4.0	+1.6	+4.2	+1.7	−2.0	+0.3	−4.8	−0.5
2015	+6.3	+0.4	−4.0	−3.6	+3.1	−0.8	+2.0	−6.6	−0.3	+1.5	−1.6	+0.1
2014	−3.4	+3.1	+6.8	−0.1	+8.0	+5.3	+1.4	+3.0	+0.1	+4.5	+3.2	−3.6
2013	+2.2	−5.7	−0.2	+4.4	+0.9	−2.4	−1.7	−4.7	+4.8	+9.8	−1.9	+2.1
2012	+12.4	+3.6	−1.7	−0.9	−6.2	+7.2	−0.9	+0.6	+8.5	−1.5	+4.6	+0.4
2011	−10.2	−3.1	+9.4	−1.4	−4.8	+3.2	−2.9	−8.8	−1.1	+7.8	−9.3	−4.3
2010	−6.1	+0.8	+6.6	+0.6	−3.6	+4.5	+1.0	+0.7	+11.6	−0.2	−2.6	+4.6
2009	−2.9	−3.9	+9.3	+15.0	+28.1	−3.5	+8.1	+0.6	+9.1	−7.3	+6.8	+3.4
2008	−16.3	+1.7	−9.4	+9.1	−5.7	−17.0	+7.2	+0.6	−10.1	−26.4	−4.5	+7.4
2007										+17.5	−2.3	+6.5

Change in the index from the last close of one month to the last close of the next, in percent; dividends not included. The month in progress is shown up to the latest close.

Calendar years

Year	Nifty 50
2025	+10.5%
2024	+8.8%
2023	+20.0%
2022	+4.3%
2021	+24.1%
2020	+14.9%
2019	+12.0%
2018	+3.2%
2017	+28.6%
2016	+3.0%
2015	−4.1%
2014	+31.4%
2013	+6.8%
2012	+27.7%
2011	−24.6%
2010	+17.9%
2009	+75.8%
2008	−51.8%

How to read it

Seasonality is the idea that some months are reliably better than others. The table lets you check it against what actually happened, year by year.

Treat any pattern with care. 19 years is 19 examples of each month: one or two unusual years (2008, 2020) can move an average a long way.

A month's average also hides its spread. A month that is up on average can still have fallen in a third of the years.

Questions people ask

What is the best month for Nifty historically?

The table shows every month's return in every year, so you can count for yourself. Schema's Seasonality page ranks the months and, more usefully, shows how often each one rose.

Does Nifty seasonality work?

Some months have been stronger on average, but with under twenty examples of each the evidence is thin, and the averages lean on a few extreme years. It is context, not a strategy.

How is a monthly return calculated?

The last close of the month divided by the last close of the month before, minus one. Dividends are not included.

Where does this data come from?

NSE's closing values for Nifty 50 where NSE publishes them, and Yahoo Finance's for the earlier history.

Keep reading

Six kinds of marketA sturdier way to describe a market than the calendar FII and DII dataWhat foreign and domestic institutions bought and sold in the cash market FII long-short ratioForeign investors' positions in index futures, with retail's beside them India VIXThe volatility index, and what its level implies for Nifty in points

End-of-day figures from NSE's published files, with Aurevian's arithmetic where stated. Research and information, not investment advice.