Latest Rakesh Jhunjhunwala Portfolio Update and Stocks Recommendations Issued by him to Buy

Rakesh Jhunjhunwala Portfolio Update to Make Money

1. Rakesh Jhunjhunwala is optimistic on stock market of India and feels that the worst may be over for the Indian equity market. He further states that shares are poised to recover from their biggest annual decline because companies in the Sensex are valued at less than half their four-year average.

2. Rakesh Jhunjhunwala is of the view that Indians have the habit of going ahead despite all difficulties including the Mumbai Taj attack and Mumbai stock exchange attack could never hold them back in life which speaks of the spirit of the Indians. He is of the opinion that India is growing fastest among all the world economies.

3. Rakesh Jhunjhunwala has stated that “India will see the mother of all bull runs in the next 4-5 years", and same will be attributed to double-digit economic growth and increased investment by domestic investors, including pension and insurance funds.

4.The slump has left the index valued at 9.6 times the earnings of its 30 companies, compared with a four-year average of 19.2. he further stated that with uncertainty we will see. Rakesh Jhunjhunwala is right when he says that annual inflation in India will drop to less than 5% in the next two months and is also optimistic that rupee will strengthen to between Rs 44 and Rs 45 against the dollar by next 2-3 months.

5. Rakesh Jhunjhunwala has advised investors to bet in equities, commodities and emerging-market currencies, and declines in the dollar. He has advised Indians to buy India-centric sectors which will do well whether it is banking, retailing, infrastructure, all sectors that are related to India and has advised them to park funds in SBI, Bharti, and Hero Honda.