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Rakesh Jhunjhunwala is often considered as best Indian stock market investor and is also termed sometimes as Warren Buffett of Indian stock markets. Rakesh Jhunjhunwala is a long term investor, however he acknowledges that it was 'trading' income which helped him built his initial capital base and continues to remain an active trader as he believes it keeps one alert and always on your feet. Present Indian stock market is in bearish mode, so here is extract of interview of Rakesh Jhunjhunwala on present market scenario and where the Indian stock markets are heading.
Key Points to note down from Rakesh Jhunjhunwalas recent interview to CNBC:
1. Since last year August lows have been broken and thus Indian stock market is now a bear market.
2. As per Rakesh Jhunjhunwala market has entered in interruption mode; however long term bullish trend for Indian stock market remains intact.
Key Points to note down from Rakesh Jhunjhunwalas recent interview to CNBC:
1. Since last year August lows have been broken and thus Indian stock market is now a bear market.
2. As per Rakesh Jhunjhunwala market has entered in interruption mode; however long term bullish trend for Indian stock market remains intact.
