Sensex rallied about 57 percent and 215 BSE stocks rose more than 500 percent in the Modi government’s regime

As we are at the end of the Narendra Modi government’s period. According to the reports of Money control, we can now compare the returns that the market gave during his period with the predecessors. According to the reports during the UPA-1, The Sensex and Nifty rallied more than 100 percent each and 217 BSE stocks which gave returns of more than 500 percent. Sensex rallied about 57 percent and 215 BSE stocks rose more than 500 percent in the Modi government’s regime. The report says that during UPA-2, while Sensex gave returns of 106 percent, the market recorded 193 multi-baggers. The money control reports show that in the last five years 67 BSE stocks rallied more than 1000 percent. These include KEI Industries, V2 Retail, Dolat Investments, Minda Industries, Bajaj Finance, Apollo Pipes, Excel Industries, Vipul Organics, Avanti Feeds, Aegis Logistics. According to the money control analysis, among the BSE 500 companies, 30 stocks rose over 500 percent in the last five years. The stocks were giving stellar returns in the last five years which mostly belong to the mid-cap and small-cap space. Hence investors should filter quality stocks with long term potential for their portfolio. Pritam Deuskar, Fund Manager at Bonanza Portfolio told Moneycontrol that from 1977 the market gained during the financial year in which elections were held. During May, there will be volatility. We think that the pre-election rally is already on, and once the results are out we can see some profit booking and speculations. He also added that “Investors should stay invested in large caps and larger midcaps if holding for more than six months or a year,”

Sensex rallied about 57 percent and 215 BSE stocks rose more than 500 percent in the Modi government’s regime