Here's how Dalal Street has fared in run up to Lok Sabha elections
With the 2024 elections being a key event facing Dalal Street in the near term, here's how the market has fared in the run-up to the general elections and post that in the past.
Historically, the market has delivered returns to the tune of 15-40 per cent in the election year over the past 25 years. With the 2024 elections being a key event facing Dalal Street in the near term, here's how the market has fared in the run-up to the general elections and post that in the past:
1999
2004
2009
2014
Narendra Modi was the face of the 2014 Elections. In anticipation to the BJP coming to power and Modi becoming the Prime Minister of the nation, the market witessed a pre-election rally of 18 per cent and after elections, there was another 19.5 per cent jump. So, the market jumped by 37.50 per cent.