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Rakesh Jhunjhunwala To Investors: Market Has Given You A Chance, Grab It!

Rakesh Jhunjhunwala to investors: Market has given you a chance, grab it!
The Budget 2021 was a bold Budget from the Indian Government, and for investors, it is best to tweak the portfolio by going overweight on equities.
February 03, 2021 / 09:55 AM IST
Finance Minister Nirmala Sitharaman stands next to Minister of State for Finance and Corporate Affairs Anurag Thakur (L) as she leaves her office to present the Union Budget in the parliament in New Delhi on February 1. (File image: Reuters)
If you are planning to make investments in equity markets then there is no better time than now, and do not get pulled down by the rally seen on the Budget day as the best is yet to come, billionaire investor Rakesh Jhunjhunwala said in his interview with ....

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D-Street Buzz: Bank Nifty Spikes 4%, Hits Fresh Record High; HDFC Bank, SBI, Axis Bank Jump 4-6% Each

D-Street Buzz: Bank Nifty spikes 4%, hits fresh record high; HDFC Bank, SBI, Axis Bank jump 4-6% each
HDFC Bank jumped over 5 percent followed by State Bank of India, Axis Bank, RBL Bank and Federal Bank which added 4 percent each.
Indian stock market continues its bull run after investors gave a thumbs up to Budget 2021.
Bank Nifty jumped 4 percent after surging over 8 percent on Budget day. The index hit new record high of 34,652.50 at 09:42 hours.
The rally comes after the Finance Minister announced setting up of an Asset Reconstruction Company. She further introduced a plan to recapitalise public sector banks. The government has also announced the intention to privatise two state-run lenders. ....

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