Investors richer in Modi's 'acche din' than under Vajpayee's 'India shining'

Both these indices have surged a whopping 55 per cent and 53 per cent, respectively under PM Modi (till August 14 2018) - hugely outperforming the rally seen during 1999 - 2004.

The markets have performed better under the National Democratic Alliance’s (NDA’s) Narendra Modi, as compared to Atal Bihari Vajpayee’s tenure as India’s Prime Minister (PM). 

The Nifty 50 index (Nifty as it was known then), notched up a gain of 5.7 per cent, while the Sensex lost one per cent on an absolute basis between October 13, 1999 when Vajpaee assumed charge as the PM, till May 19, 2004 when he left office, data shows.

Both these indices have surged a huge 55 per cent