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Ranked 1 of the eight sectors · +45.5 points ahead of the Nifty · deepest fall inside the year -16.8%
Published by The Retail Trader · DEC 31, 2021 · Sector Analysis
In 2021 the Nifty Metal index returned +69.66% — first of the eight sectors. Over the same window the Nifty 50 returned +24.12%, so Metal delivered 45.5 percentage points more than the benchmark.
Sector ranking for 2021, best to worst:
• → Metal — +69.66%
• IT — +59.58%
• Realty — +54.26%
• PSU Bank — +44.37%
• Media — +34.56%
• Bank — +13.49%
• Pharma — +10.12%
• FMCG — +9.96%
A month-by-month account of 12 months — 7 of them positive:
• January — -5.44%
• February — +24.21%
• March — +4.04%
• April — +21.89%
• May — +4.29%
• June — +3.17%
• July — +10.63%
• August — -0.97%
• September — -1.81%
• October — -0.85%
• November — -6.50%
• December — +6.15%
The best month was February (+24.21%) and the worst November (-6.50%). There are 30.7 percentage points between the two, which shows how differently the year's net number was arrived at.
Within 2021, the deepest peak-to-trough fall in Metal was -16.8%. That is a different number from the one on show at the end of the year — a sector can close at +69.66% and still have been 16.8% down along the way, and it is in that decline that most people give up the position.
All figures in this article were computed from The Retail Trader daily index database through 24 July 2026. Past performance does not indicate future performance. This analysis is educational only and is not a recommendation to buy or sell.