Mr.Rakesh Jhunjhunwala’s call On Market – Must Read

Wednesday, 03 December 2014

Mr.Rakesh Jhunjhunwala’s call On Market – Must Read    

Greetings from Hitesh! Today I will take a back seat and just share what Mr.Rakesh has to say about market. Just read.

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As CNBC-TV18 turns 15, ace investor Rakesh Jhunjhunwala today unveiled his forecast for 2015 and predicts that the  outlook for Indian stocks in the next 10 years will be a 10-12-fold rise.

Calling Prime Minister Narendra Modi as the man of the hour, Jhunjhunwala said India's growth will be faster than China's in the years ahead. He further said that Modi should lead the country for the next 10 years. "Modi not leading will be a big setback for India."

"Swachh Bharat is the best investment India can make", Jhunjhunwala said, adding that it will give better returns than what we would have got had we invested in health.

On the RBI policy, Jhunjhunwala said one year from now RBI will regret not cutting rates while an oil price fall will give benefits all around.

Jhunjhunwala also predicted that inflation will fall to 4 percent in the next few years and does not see any reason for the rupee to fall below 62.63. He said he would plan his budget with crude trading at $75-80.

Maintaining a bearish stance on real estate, Jhunjhunwala said he does not expect real estate prices to go up in metros for the next 24-36 months.

Jhunjhunwala expects all sectors to gain going forward. His investing advice? "Pick stocks based on the company, not the sector."

Sounding bullish, Jhunjhunwala further said that India is still underinvested by institutions as compared to many other markets.

"Will be disappointed if by 2030, the Nifty is less than 1,25000," said Jhunjhunwala, adding that his portfolio is currently at its highest level ever and that he only expects this to grow further

Some Important Questions You Must Ask Now?

1.  

If you have missed last 15 years, do you want to miss coming 15 years?

2.  What was stopping you then and what is stopping you now? If it is the same thing – it means you are growing up in just age and not in wisdom.

3.  Mr.Modi has started revolution in India approximately same time when Gandhiji Started 100 years back. If you are reading this it means you are witnessing a historic moment. Do you want to tell yourself at the time of your death – “I should have taken part”?

What is our call?

If you are reading our post regularly – we have been telling you since 2009 about the great bull-run. In 2012, we had given categorical call about India and said it will have better times from 68^th birthday of Independence to 86^th birthday of independence.

We have been consistently proved right in reading market well ahead of the market experts and we feel really proud that ace investors also share the same view what we have been telling you since long.

What Next?

I am a fan of Mr.Anthony Robbins for just one thing – He said simple sentence about Destiny – “Your Decision Decides Your Destiny”.

If you can’t take decision now – when will you?

The Opportunity:-

We are open for subscription for 2014 to 2017……do not miss.

Just write to us. We will come back to you.Follow me on Twitter @hiteshmparikh Or on Whatsapp - +91-9869425399.

Live With Passion…Invest With Passion.

Happy Investing.

Hitesh Parikh.