Indian Prime Minister Modi’s influence on investors is evident in India’s stock market performance. During his nine-year stint, India saw record inflows from both domestic and foreign investors. An analysis by ETMarkets of the last nine years’ star performers found that 44 stocks from the Nifty500 index delivered over 1,000% returns in this period. The list includes Bajaj Finance, Bajaj Finserv, and Tanla Platforms. Stocks in the auto ancillary, capital goods, engineering, infrastructure, and chemicals sectors also benefited from the ruling government’s policies. However, experts warn that global headwinds and upcoming general elections may create volatility in the markets.
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