Undoubtedly Sridevi.
She has more hits, more popularity, was #1 in 3 different industries so had a pan Indian appeal.
She has more woman dominated hits.
She was named first female superstar and clear #1 and some even called her lady Amitabh Bachchan.
She was paid more than all male actors except Amitabh.
Rekha remains more in news now but she had a rough journey. She was doing small roles in 60s, 70s. She hit it big as a solo star only when Khubsoorat succeeded. Otherwise she was entirely overshadowed by likes of Hema, Parveen, Zeenat in 70s. She began to rise from late 70s to early 80s but again got overshadowed when Sridevi arrived.
She was taken seriously as an actor only with Ghar and Umrao Jaan.
She seems like a bigger star only because she remains most in limelight. Whereas Sridevi became a recluse after marriage and never did any PR nor knew how to market herself. Rekha in contrast has mastered art of making headlines like no one else.
Rekha was not a decade defining star like Hema Malini or Sridevi or MD.
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