Seasonality
BANK NIFTY seasonality.Since 2005, month by month.
BANK NIFTY seasonality since 2005: best month Apr (+5.06% average), worst Feb (-2.16%), weekday patterns, turn of the month and event studies.
Best month
Apr
avg +5.06%, up 76% of yearsWorst month
Feb
avg -2.16%, up 33% of yearsTurn of the month
+0.18%
per day, vs +0.04% on other daysHistory
5,202
trading days since 2005Events
How BANK NIFTY behaves around India’s market-moving days.
Month by month
Every month since 2005. Green months closed higher, red lower; the darker, the bigger the move.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.0 | +1.5 | -16.9 | +9.1 | -1.1 | +6.1 | -0.5 | +1.3 | -5.8 | +2.2* | ||
| 2025 | -2.5 | -2.5 | +6.7 | +6.8 | +1.2 | +2.8 | -2.4 | -4.1 | +1.8 | +5.7 | +3.4 | -0.3 |
| 2024 | -4.8 | +0.3 | +2.2 | +4.8 | -0.8 | +6.9 | -1.5 | -0.4 | +3.2 | -2.8 | +1.1 | -2.3 |
| 2023 | -5.4 | -0.9 | +0.8 | +6.5 | +2.1 | +1.4 | +2.0 | -3.6 | +1.4 | -3.9 | +3.8 | +8.6 |
| 2022 | +7.0 | -4.7 | +0.5 | -0.8 | -1.7 | -5.8 | +12.2 | +5.5 | -2.3 | +6.9 | +4.7 | -0.6 |
| 2021 | -2.2 | +13.9 | -4.3 | -1.6 | +8.4 | -2.1 | -0.5 | +5.3 | +2.7 | +4.5 | -8.7 | -0.6 |
| 2020 | -4.1 | -5.5 | -34.3 | +12.5 | -10.4 | +10.7 | +1.3 | +9.8 | -9.7 | +11.4 | +23.9 | +5.6 |
| 2019 | +0.5 | -1.9 | +13.6 | -2.2 | +5.4 | -0.9 | -7.2 | -5.0 | +6.1 | +3.3 | +6.3 | +0.7 |
| 2018 | +7.2 | -8.3 | -3.4 | +5.2 | +5.6 | -2.2 | +5.3 | +1.1 | -10.5 | +0.1 | +6.8 | +1.1 |
| 2017 | +7.4 | +5.6 | +4.1 | +4.3 | +4.8 | -0.9 | +8.2 | -3.1 | -1.1 | +4.0 | +1.3 | +0.8 |
| 2016 | -8.3 | -10.2 | +15.7 | +4.0 | +4.9 | +1.8 | +5.7 | +4.4 | -2.5 | +1.2 | -4.6 | -2.4 |
| 2015 | +5.9 | -0.8 | -7.5 | +0.7 | +2.1 | -2.3 | +2.4 | -8.5 | +0.4 | +0.8 | +0.4 | -2.9 |
| 2014 | -10.1 | +5.1 | +18.4 | +0.9 | +15.1 | +3.0 | +0.2 | +3.1 | -2.2 | +10.7 | +8.6 | +1.2 |
| 2013 | +1.9 | -9.6 | -1.1 | +10.6 | -0.7 | -6.9 | -13.8 | -9.7 | +6.3 | +19.3 | -2.8 | +2.1 |
| 2012 | +24.5 | +5.0 | -1.9 | +0.6 | -8.1 | +9.5 | +0.4 | -3.8 | +14.7 | -1.6 | +7.9 | +2.6 |
| 2011 | -9.8 | -1.9 | +12.2 | -1.9 | -4.0 | +2.0 | -3.1 | -12.5 | -0.7 | +5.5 | -14.3 | -7.0 |
| 2010 | -4.2 | +0.8 | +8.4 | +4.3 | -5.1 | +1.1 | +7.4 | +5.8 | +15.1 | -0.3 | -3.1 | -1.3 |
| 2009 | -10.9 | -12.7 | +6.2 | +24.1 | +44.5 | -1.0 | +2.8 | -1.5 | +18.6 | -4.2 | +7.2 | -0.2 |
| 2008 | -6.5 | -5.8 | -23.4 | +14.6 | -13.7 | -23.7 | +14.0 | +6.5 | -4.9 | -22.1 | -5.1 | +16.6 |
| 2007 | -0.9 | -12.0 | +1.3 | +5.9 | +12.5 | +6.6 | +2.8 | -3.6 | +20.5 | +12.1 | +4.0 | +5.2 |
| 2006 | +1.8 | -0.8 | +1.8 | -2.4 | -9.4 | -10.1 | +10.0 | +12.7 | +14.8 | +5.9 | +10.9 | -3.1 |
| 2005 | +7.4 | +5.5 | ||||||||||
| Average | -0.64% | -2.16% | -0.05% | +5.06% | +2.45% | -0.18% | +2.17% | -0.02% | +3.13% | +2.83% | +2.81% | +1.39% |
| Up years | 43% | 33% | 62% | 76% | 52% | 52% | 67% | 48% | 57% | 70% | 71% | 52% |
Monthly % change, close to close. Averages use 21+ complete years; * marks the month in progress.
Day of the week
Average daily change by weekday since 2005, the share of up days, and the last five years on their own.
Monday+0.016%55% uplast 5y +0.076%
Tuesday+0.072%51% uplast 5y +0.078%
Wednesday+0.092%51% uplast 5y +0.098%
Thursday+0.042%53% uplast 5y -0.040%
Friday+0.098%53% uplast 5y +0.012%
Historical statistics from daily closing prices (adjusted for bonuses and splits). Past patterns do not guarantee future results. This is information, not investment advice.