NDA WINS, MODI BECOMES PM

2014

Sensex rose to a new record high of over 25,000 on the back of a landslide victory for the Narendra Modi-led BJP on 16 May, 2014. The elections, which resulted in the Bharatiya Janata Party getting a simple majority on its own as well as PM Modi’s pro-business image, caused the markets to rally by over 8% in May 2014