Share Market / The country's stock market reached from Rs 80 lakh crore to Rs 389 lakh crore in 10 years

Zoom News : Feb 08, 2024, 08:04 AM
Share Market: Both the country's Prime Minister Narendra Modi and the stock market are running parallel to each other. The speed with which Narendra Modi increased his political stature all over the world. The country's stock market also ran with the same speed. PM Narendra Modi's speeches and his political victory gave the stock market the wings it needed. Today the country's stock market has become the fourth largest stock market in the world. Which has recently left Hong Kong behind.

In the last 10 years, the market cap of BSE has reached from Rs 80 lakh crore to Rs 389 lakh crore. The biggest share in this rise has been from government companies i.e. PSU stocks. About six months ago, when the PM, while standing in the Parliament, called for betting in government stocks, a rise of 2 to 3 times has been seen in those stocks.

During his address in Parliament on Wednesday also, he mentioned government companies and the stock market. Today talked about the shares of government companies of the country. Today we will talk about the performance of the same companies in the last 10 years. We will also see how far the country's stock market has progressed. So let's start with Sensex and Nifty. And let's try to understand how much returns the government companies have given to common investors after PM Narendra Modi came to power.

How much return did Sensex give?

This is the second term of PM Narendra Modi. He is also talking about coming for the third term. Here we also divide the returns of the stock market into two parts. First let's start the tenure from the day of election results 2014. The Sensex was at 24,121.74 points that day. Which reached 37,114.88 points after 5 years i.e. on 15 May 2019. This means that the Sensex saw an increase of 12,993.14 points or 53.86 percent during this period.

Let's start the second term with the results of the 2019 general elections. On May 23, 2019, the Sensex was at 38,811.39 points. Which has reached 72,152 points today i.e. on Wednesday. That means till now the Sensex has increased by 33,340.61 points i.e. 85.90 percent. If we talk about overall tenure, then in about 10 years the Sensex has increased by 48,030.26 points and has given a return of 199.11 percent.

Nifty is also no less in giving returns

  • If we talk about Nifty, the main index of National Stock Exchange, then it is not less in terms of giving returns.
  • Earlier on May 16, 2014, Nifty had closed at 7,203 points. Whereas on May 15, 2019 it reached 11,157 points.
  • This means that during this period Nifty saw a rise of 3,954 points and during this period a return of 54.89 percent was seen.
  • On May 23, the beginning of PM Narendra Modi's second tenure, Nifty closed at 11,657.05 points, whereas today Nifty is at 21,930.50 points.
  • This means that till now Nifty has seen a rise of 10,273.45 points and has given a return of 88.13 percent.
  • If we talk about overall performance, then in the last 10 years, Nifty has increased by 14727.5 points and an increase of 204.46 percent points has been seen.
PSU stock performance

  • Hindustan Aeronautics shares have given a return of 420.46 percent in the last five years. At present the company's share is at Rs 2,948.00.
  • Shares of SBI, the country's largest lender, have given a return of 166.49 percent since May 30, 2014. At present the bank's share is at Rs 677.50.
  • Not many days have passed since the listing of LIC. Talking about the last one year, the company has given a return of 72 percent to the investors. A year ago the company's share was at Rs 610, which today came at Rs 1,049.90.
  • IRFC was also listed in the year 2021. Which has left no stone unturned in giving returns to the investors. In January 2021, the company's share was at Rs 24, which has reached Rs 162.95 with a return of 557 percent.
  • IRCTC has also given excellent returns to investors in the last five years. During this period, the company's shares have come down from Rs 156 to Rs 954 with a return of 512 percent.
  • In the last five years, Rail Vikas Nigam has made huge profits for the investors. Since April 2019 till now, investors have been given a return of 1,322 percent. At that time the company's share was worth Rs 19.75, which has come down to Rs 280.90 today.
  • The share price of Bharat Electronics Limited was Rs 16.47 on May 23, 2014, which has increased to Rs 181.85 today. This means that the company's shares have seen a return of 1004 percent.
  • The shares of IOCL, the country's largest oil company, have seen a return of 318.19 percent in the last 10 years. In May 2014, the company's share was at Rs 44, which has increased to Rs 186.60 today.
  • In May 2014, the shares of Shipping Corporation of India were at Rs 60, which has come down to Rs 254.80 today. This means that the company's shares have seen a return of 324.66 percent so far.
  • The shares of National Aluminum Company Limited have seen a lot of growth in the last 10 years. In May 2014, the company's shares were at Rs 38.50, which has come down to Rs 161.85 today. This means that the company's shares have seen a rise of 316 percent.

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