Nifty 50 drawdown: 26.8% below the all-time high (price)
Nifty 50 is 26.8% below its all-time high, set Sep 26, 2024 (as of market close, Oct 21, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −26.8%
- 73.2% of ATH
- All-time high
- $57.25
- Sep 26, 2024
- Time below the high
- 2.1 yrs
- since Sep 26, 2024
- Worst-ever drawdown
- −45.5%
- Aug 28, 2013
- Longest underwater
- 4.2 yrs
- between all-time highs
- Today's level first reached
- Dec 28, 2020
- 5.8 yrs ago
- Last time this deep
- Jun 11, 2020
- in a previous episode
% of all-time high since 2009: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Nov 5, 2010 | Aug 28, 2013 | −45.5% | 2.8 yrs | Jan 22, 2015 | 4.2 yrs |
| Jun 3, 2019 | Mar 23, 2020 | −43.6% | 10 mo | Nov 24, 2020 | 18 mo |
| Jan 29, 2015 | Feb 26, 2016 | −30.3% | 13 mo | May 11, 2017 | 2.3 yrs |
| Sep 26, 2024 | Oct 8, 2026 | −30.0% | 2.0 yrs | not yet | 2.1 yrs+ |
| Oct 15, 2021 | Mar 15, 2023 | −26.0% | 17 mo | Jun 27, 2024 | 2.7 yrs |
| Jan 26, 2018 | Oct 5, 2018 | −20.3% | 8 mo | Jun 3, 2019 | 16 mo |
| May 10, 2010 | May 25, 2010 | −16.0% | 15 days | Sep 13, 2010 | 4 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2009: how far Nifty 50 stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Nifty 50 from its all-time high?
- Nifty 50 is currently 26.8% below its all-time high, set Sep 26, 2024 (as of market close, Oct 21, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Nifty 50 drawdown ever?
- The deepest decline on record in our data (since 2009) took Nifty 50 45.5% below its prior high, bottoming Aug 28, 2013. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since 2009 from INDY, Nifty 50's tracking fund; no free deep history exists for Nifty 50 — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.
More on Nifty 50
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