50,184.01

2019 NDA WINS 2ND TERM

The Sensex crossed 40,000 points after NDA’S victory in the Lok Sabha election in 2019. Investors expected that with the NDA government winning a second term, there would be political stability and a majority government would be able to take decisions easily and carry on with reforms. The subsequent corporate tax cut announced in September 2019 ensured that markets remained on an upward trajectory as it hit new all-time highs in January 2020

The Sensex breached its previous all-time high in November as global vaccine developers announced successful updates on their results and applied for emergency approvals in different countries. Boosted by vaccine hopes, liquidity expansion by central banks resulting in more foreign institutional investment and a clear outcome in the US presidential election, the Sensex has risen by 25% till date since

November 2020