Living up to its expectations, Nifty began the month of December on a buoyant note, which is usually considered to be one of the best months for Nifty. Data indicates that on average, the index has gained about 3.3 per cent with the highest performance delivered in the year 2003. And, interestingly, in only one instance in the last five years, the index has delivered flat to negative returns in the month of December.