His deeply ingrained belief and conviction on India and its potential is strongly corroborated by some of his long-term bets – companies that will grow as domestic consumption or discretionary spends go up.
Jhunjhunwala was also famous for delivering catchy dialogues that came naturally to him. At the India Today conclave last year, he said: “India is coming into a phase that India has never seen, hamara time aayega nahi, hamara time aa gaya hai (India’s time will not come, it has already come).”
The Big Bull of Indian markets, Rakesh Jhunjhunwala, who passed away on August 14, was a man who was known to not shy away from speaking his mind. And he had his opinions on everything.
Rakesh Jhunjhunwala pick: Shares of Singer India have gained 4.6 per cent in the last one year till August 12, 2022, while the benchmark BSE Sensex has advanced 8.4 per cent.