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Charts & Analysis

The Best Month For Nifty Since May 2009

The 12.4% return on the Nifty in January is an incredible start to the year, and the best return of the last 30months.

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As you can see, the number of double digit positive months are way too few, with two in 2007 and 2009 and one in 2007. This is also the second highest January return for the Nifty ever, since 1994 (and there wasn’t much trading on the NSE then).

The Sensex has a lower return of 11.2%.

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Wonder what Feb will bring!