Don't miss


Saturday, April 23, 2016

Rakesh Jhunjhunwala Bullish on Real Estate, Pharma, IT Sectors...!


By on Saturday, April 23, 2016

Rakesh Jhunjhunwala Bullish on Real Estate, Pharma, IT Sectors...!

Predicting ‘reasonable’ returns from equities, ace investor Mr. Rakesh Jhunjhunwala has said the India’s stock markets are in the early stages of a “long-run bull market.””

“There is absolutely no doubt about the future of Indian equity market; and if earnings go up, the market will go up too,” he said.

“We are an early stage of a long-run bull market; Invest in the market and expect reasonable returns.”

While noting that investors should stay invested in the markets, Mr. Jhunjhunwala cautioned them against expecting “unreasonably high returns.”


Mr. Jhunjhunwala was bullish on the real estate, pharmaceuticals and information technology sectors.

The comments were made in his address to the members of Indian Merchants’ Chamber (IMC) on recently.

Mr. Jhunjhunwala has also estimated a double-digit growth for the Indian economy and said that lot of aspects, like entrepreneurial skills, would help the country grow.


About Myreality.in

www.myreality.in Your Investment Friend Persosal Finance, Real estate - plot,flats, home loan, income tax, laws and rules, builders, promoters, vastu rules, meaning of real estate terms, affordable housing, construction materials, insurance, real estate - events and surveys, also share market, mutual fund, insurance and world important days.

0 comments :

Google+ Followers

MOST READ

Popular Posts 7 Days