With the passing away of Rakesh Jhunjhunwala the Indian stock market has been left desolate. It’s not looking like anyone is going to take his place in the near future. He was popularly known as the Big Bull of India as he always believed in the Indian Growth story and was always highly optimistic about the future of India.
Many investors earned billions of rupees by investing in the stock market but the kind of popularity that is enjoyed by Rakesh Jhunjhunwala is second to none. Even the prime minister of India Narendra Modi regarded him very highly for his confidence in the Indian economy.
Why Rakesh Jhunjhunwala is the Bigbull
Rakesh Jhunjhunwala was a big investor, and when he bought a particular stock it creates a buzz in the stock market regarding that stock resulting in an increase in the price of that particular stock.
Rakesh Jhunjhunwala bought 4.4 crores shares of Titan at the price of Rs3 per share in 2003 at a time when the company was underperforming but Rakesh Jhunjhunwala took a visionary bet on Titan.
He stayed invested in those shares despite the fluctuations in their prices and the current value of the share is Rs2400 per share and the net worth of Rakesh Jhunjhunwala’s holding in Titan is around 11,000 crore.
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Prospective Future Big Bulls
Many experts believe that currently, there is a stark difference between Rakesh Jhunjhunwala and any other investor in the quest to become the next big bull. Let’s find out the top 5 Indian investors who are in contention to become the next big bull after Rakesh Jhunjhunwala. You also need to know the top lesson you can learn from Rakesh Jhunjhunwala
Read now: Who will be the next Big Bull of Stock Market
