‘We are learning to live with Covid. India on verge of a structural bull market’

‘We  are learning to live with Covid. India on verge of a structural bull market’

By Nikunj Dalmia I do not think the Covid crisis has caused the PE expansion or the EPS expansion in pharma. It was overdue. I have been shouting for two years, says Rakesh Jhunjhunwala, Partner, Rare Enterprises. Do you think markets right now have normalised or have we extended ourselves?There is only worry and there … Read more

Rakesh Jhunjhunwala laps up Indian Hotels, Federal Bank in Q1

Rakesh Jhunjhunwala laps up Indian Hotels, Federal Bank in Q1

Shares of Indian Hotels and Federal Bank hogged the limelight on Monday after latest shareholding data showed that ace stock picker Rakesh Jhunjhunwala bought shares in these firms during the April-June period. Indian Hotels closed 2.64 per cent higher at Rs 81.65 on the BSE, while Federal Bank settled nearly 3 per cent up at … Read more

Market IPOs: Jhunjhunwala, Ambani, Dhoni & much of D-Street awaiting these big-bang IPOs

Market IPOs: Jhunjhunwala, Ambani, Dhoni & much of D-Street awaiting these big-bang IPOs

After two long lethargic years, the domestic primary market is keenly awaiting some renowned firms to get listed. These companies have the who’s who of India Inc and Dalal Street associated with them: from India’s top industrialist Mukesh Ambani to Big Bull Rakesh Jhunjhunwala and cricketing biggie MS Dhoni. Market watchers say a frenzy is … Read more