Friday, December 12, 2025 | 12:12 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

3 years of Modi govt: NDA betters UPA-2 in market returns

The BSE Sensex has gained 25.5% since the Narendra Moidi govt took charge in 2014

Prime Minister Narendra Modi speaking at the inauguration of Basava Jayanthi 2017 and Golden Jubilee Celebration of Basava Samithi, in New Delhi on Saturday. <b>(Photo: PTI),b>
premium

Samie Modak Mumbai
The benchmark BSE Sensex has gained 25.5 per cent during the first three years of the Narendra Modi government. The returns in the first two and half years were lacklustre. However, the markets accelerated 20 per cent in the past five months, after the Sensex had dropped to 25,807 on December 26, 2016, on concerns over demonetisation and the surprise victory of Donald Trump in the US presidential election.
 
The reform initiatives by the government, such as fixing of banks' stressed assets problem and implementation of a goods and services tax (GST) have boosted investor sentiment. While the gains