100 days of Narendra Modi government: Sensex rallies nearly 9%; top bets

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The S&P BSE Sensex has been the best performing market among the major global markets, up over 27 per cent so far in the year 2014.
NEW DELHI: The S&P BSE Sensex hit 27,000 in today’s intraday trade; marking eighth straight day of gains. Tracking the momentum, the 50-share Nifty index also breached 8,100 levels for the first time.

Indian markets have witnessed their best period in the past 100 days after the NDA government took charge on 26 May, 2014. Both the Sensex and the Nifty have managed to hit fresh record highs almost on a daily basis, supported by strong global liquidity and robust macro numbers.

Tuesday marks the 100th day since Narendra Modi was sworn in as India’s 14th Prime Minister. The S&P BSE Sensex has rallied nearly 9 per cent since then.