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
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

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