1. Rakesh Jhunjhunwala, an investment guru is of the opinion that Indian economy will show an uptrend early than anticipated. India has human resource which none can match and thus economy will again bounce by virtue of increase in domestic demand. Rakesh Jhunjhunwala is of the opinion that India can easily achieve the growth rate of 10% and same may happen in time frame when so called great economies of the world will be struggling to achieve even 1 to 1.5 per cent growth.
2. Rakesh Jhunjhunwala has further made a prediction which appears to be true as he has stated that automobiles, white goods and commodities will see drastic fall in prices which will help shore up sales and activate local consumption.
3. Rakesh Jhunjhunwala tip for the investors is that one should not get disheartened by slow down as their are always patches of slowdown in every economy. Thus each fall should be used to invest and he is optimistic on the banking sector. He has further predicted that economy will see further fall in the interest rates with deposit rates hovering around 6 per cent and lending rates at 9 per cent. he has further stated that Rupee will stabilise near Rs 45.
4. I further liked Rakesh Jhunjhunwala statement related to investment where he stated that market is like harem; one can pick and chose from the plenty of options available. He has suggested to identify top 500 companies and invest in those stocks.
Rakesh Jhunjhunwala Tips for Investors to Make Money
