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rakesh jhunjhunwala: Commodity stocks are ridiculously valued, expect a huge upsurge in steel cycle, says Big Bull

Rakesh Jhunjhunwala, Partner, Rare Enterprises, in an interview with Nikunj Dalmia of ET NOW. Can I quote your favourite line, that bull markets are born on pessimism, grow on scepticism, mature on optimism and die on euphoria? I do not think these are my words. I think these are the John Templeton. But what he is saying is absolutely right. If this bull market is a journey from Churchgate to Borivali, where do you think this bull market has reached? I would say Charni Road. So it has a long, long way to go? Yes. Do you see the potential of a kind of raging bull market in India like we saw in America last decade?

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