New Delhi. The market has completely accepted the NDA government formed under the leadership of Prime Minister Narendra Modi. The market is confident that the government's economic reform programs will continue and there will be no tampering with the old economic policies due to the alliance.

On June 4, when the results of the Lok Sabha elections came contrary to the exit polls, the Sensex crashed to 72,079 points. On this day, the market fell by more than three thousand points compared to the previous working day. But after the swearing-in of the coalition government under the leadership of Modi on June 9, the market has been continuously moving upwards. 

The boom in the market will continue

On Tuesday too, the Sensex closed at 77301.14 with a gain of 308 points, while the Nifty closed at 23,557.90 with a gain of 92.30 points. According to former MD of Mahindra Mutual Fund, Ashutosh Bishnoi, investors now expect the continuation of the old economic policies, hence the market is booming. The market does not give returns on any kind of uncertainty.

According to market experts, under the leadership of Modi government, the GDP growth rate has been above seven percent for the last three financial years and many economic agencies have expressed the hope that the growth rate will remain above seven percent in the current financial year as well.

Will we get profit from government companies?

From June 4 to June 9, the share prices of government companies were definitely falling because then the investors felt that now the government will not be able to stick to its policies of disinvestment. But after the allocation of the cabinet, the shares of government companies also started rising.

Especially after the Finance Ministry was again given to Nirmala Sitharaman, market experts became fully confident that there will be no change in the old economic policies of the government.