Four years of Modi govt: Market return improves but still below UPA's

SENSEX has returned 42% during the four years of NDA govt; its worst performance was under the Vajpayee-led government, which assumed office in Oct 1999

The benchmark Sensex has delivered 42 per cent return in the four years of the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA). The returns are slightly below the previous government—Congress-led United Progressive Alliance (UPA), when Sensex had gone up nearly 45 per cent. 

Among the seven governments, to have competed four years, this is the second-worst return. The worst returns were under the Atal Bihari Vajpayee-led NDA government, which had assumed office in October 1999. The fallout of the Asian crisis and sanctions imposed following the nuclear test by the Vajpayee government had weighed on the market performance, with