Historical data shows there’s a strong chance of the same happening in March. Past data going back a decade shows that excluding the Covid year of 2020, March is typically the best time for Indian equities. The best Nifty return in March of any year in the past 10 years was 11% in 2016 and the worst was 4.5% in 2015. So far this year, the Nifty is down 5%, while the. Nifty midcap 100 index is down 14% and the nifty smallcap 100 has lost. 17.4%. On the BSE, the sensex has lost 5.3% so far in 2025. On Friday, Nifty closed at 22,553 points, while thesensex closed at 74,333 points. “While seasonality provides a strong directional cue, we do not rely on it blindly. Additional supporting factors strengthen the case for a turnaround,” a report by Yes Securities said. Another report by Samco Securities said that most of the bad news relating to the ongoing tariff wars between the US, China, Mexico, Canada and some other countries and blocks have already been priced in.