3 years of Modi govt: Markets give a thumbs up to NDA

Indian equities have surged to record highs during the three years of the Narendra Modi government. Since May 26, 2014, the day he was sworn in as Prime Minister, the benchmark Sensex and Nifty indices on the two major exchanges have rallied 23 per cent and 28 per cent, respectively.  Future & Option Trading Tips
 
The Sensex has crossed the psychological 30,000-mark; the Nifty is around 9,500. Mid-cap and small-cap stocks have outperformed the blue-chips ones. The BSE MidCap and SmallCap indices have gained 73 per cent and 71 per cent, respectively. As a result, total market capitalisation has gone up 47.5 per cent, from Rs 85.2 lakh crore to Rs 125.7 lakh crore in the period. Last week, India’s total market cap crossed $2 trillion for the first time. “Going by the gains in three years, the market has given a thumbs-up to the Modi regime,” said U R Bhat, managing director, Dalton Capital Advisors (India). “Modi has tried to address issues that have been holding the economy back and focus on the big picture.”   Financial Astrology Tips