Prime Minister Narendra Modi has expressed optimism about the future of the Indian stock market, predicting that it will scale new heights following the conclusion of the ongoing Lok Sabha elections on June 4th. In an interview with NDTV, the Prime Minister attributed this confidence to the pro-entrepreneurship policies and sustained economic reforms implemented by his government over the past ten years.
PM Modi emphasized the significant increase in young investors entering the market, encouraging them to embrace risk-taking as they gain experience. He cited the impressive performance of public sector undertakings (PSUs) as evidence of the positive impact of his government’s policies. For instance, Hindustan Aeronautics Ltd (HAL) reported a 52% jump in net profit for the January-March quarter, reaching ₹ 4,308 crore. The Prime Minister dismissed opposition attempts to instill fear among workers, highlighting HAL’s success as an example of the government’s commitment to supporting businesses.
PM Modi’s confidence in the stock market stems from the belief that India is well-positioned to seize the current opportunities. He urged the nation not to miss out on this moment and to work together to build a strong and prosperous future for India.
