The story of Harshad Mehta has probably got everyone thinking the same question: who is the big bull of the current stock market of India? Well, the answer could be a little twisted. While there have been several names in the recent past who could be classified as the big bulls, the global COVID-19 pandemic has shaken the market so terribly that almost all the investors ended up bearing losses. Yet, if there is still a winner, it must be Rakesh Jhunjhunwala, and here’s why:
A renowned investor known as Rakesh Jhunjhunwala saw his total assets increase by over Rs 1,400 crore between July and September 2020. While Sensex zoomed 10% at the time, seven major names in the big bull’s portfolio had beaten the market and assisted him with getting a share out of the profits. These stocks included Jubilant Life Sciences, Titan Company Ltd, Crisil, Lupin, Rallis India, Escorts Limited, and Fortis Healthcare. Rakesh Jhunjhunwala is known as the Warren Buffet of the Indian trading market. He was also the 54th Richest Man in India, according to Forbes in 2020.
Rakesh Jhunjhunwala continued to mint money from his diversified investment portfolio in 2021. Even though some of the recent listings of companies backed by the big bull raised a few eyebrows, Rakesh Jhunjhunwala’s already listed portfolio stocks helped him double or in some cases quadruple his investment this year.
Who else?
On the other hand, there is this 26-something financial investor named Sahen Karamchandani. Shen is one of the youngest and most learned financial investors in India. His portfolio comprises Mutual funds and Derivative instruments. One will be surprised … at an age where people are busy chilling and have no clue about their career…Sahen on the other hand was running behind his dream with an endless racing track.
His calculations and involvement in stock management and value research have been responsible for most of his smart decisions. He owns assets worth millions of dollars, annually growing at an exponential rate; giving tough competition to the giants of the stock market today.
Despite, being one of the youngest to be handling such a huge volume, he’s highly respected in the industry being a preferred banker for HNI investors like actors and politicians to manage their portfolios. He’s famous for his successful aggressive contra market calls with conviction.
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