|Sridevi with producer and director Harmesh Malhotra|
|Sridevi, Harmesh Malhotra and Rishi Kapoor|
Nagina was a huge success grossing ₹13 crore at the box office, becoming the second-highest-grossing Indian film of 1986 [Second only to the multi-starcast Karma - which also starred Sri). The success of the film proved to be a major watershed moment in Indian Cinema, as the film featured the leading lady in a prominent role (not the hero as was the norm) and went on to become a massive commercial success.
A sequel to the film was released; Nigahen: Nagina Part II (1989), which made the former the first Indian movie ever to have a sequel, although the sequel failed commercially. Today, Nagina is considered a cult classic and one of Sridevi's finest performances.
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According to Taran Adarsh, Nagina turned out to be the biggest blockbuster of the year, with Box Office India stating that Sridevi remained "the undisputed No.1". The movie was appreciated for its screenplay, dialogues and direction.
Named one of the best snake fantasy films by Yahoo, Times of India ranked Nagina as one of the 'Top 10 Snake Films of Hindi Cinema'. Ever. Sridevi's climax dance number "Main Teri Dushman" also remains one of the best snake dances in Bollywood with Desi Hits calling it "one of Sridevi's most iconic dance numbers... that still gives fans goose bumps" and iDiva describing it as "the stuff of movie legends".
In 2013, Sridevi was given the Filmfare Special Award for her performances in Nagina as well as Mr. India (1987) to recognise her work at that time.