Share Market: Know The History of the Market After Every Election Since 1999

07 Jun, 2024

Share Market News: Talking about the elections of 1999, the results of the elections were seen to increase by 8.6% in a week, with NDA forming the government. In the 2004 Lok Sabha elections, when Congress made its government, nifty fell by 4.1% in a month. However, it also saw an increase of 28% in a year. In 2009, when Congress won the elections again, nifty showed good returns in a year with a growth of about 48% in Nifty 50. 

Share Market in BJP Govt

In 2014, with the BJP returning to the government, within a month, Nifty increased by 6.4% and witnessed a growth of 17% in a year. In 2019, the BJP returned to the government. However, due to the COVID pandemic, it saw a big decline in Nifty in a year. Although Nifty 50 has shown a growth of more than 150% since 2020, in the beginning of 2019, it showed a growth of 11,800.

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