54% Sensex return during Rajan’s era 3rd best since 1991; will it be better in Patel era?

Raghuram Rajan, the rockstar governor of the Reserve Bank of India (RBI), has hung up his boots, with deputy governor Urjit Patel taking over charge from him. 

Data shows even though banks have not transmitted the rate cuts fully and the former governor remained hawkish throughout his tenure, Dalal Street enjoyed his presence a bit with the Sensex giving 54 per cent returns since September 4, 2013, the day of his appointment as RBI chief. 

This translates into a 15.4 per cent compounded annual growth rate (CAGR) for the index during the period. 

This was better than the returns that the index had delivered during the tenure of Bimal Jalan, D Subbarao and even C Rangarajan, but could not stand against those generated during the tenures of S Venkitaramanan and Dr YV Reddy. 

 Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us. 

Get more details here:-

Commodity Market Tips
Equity Tips

Share Market Tips