Market guru and ace investor Rakesh Jhunjhunwala was our guest at the latest edition of ThePrint Off the Cuff. In conversation with Editor-in-Chief Shekhar Gupta, he shared valuable tips for investors and gave insights into his style of investment.
Jhunjhunwala said he was bullish on the Indian markets and was of the view that the best still lies ahead for the markets. This is the time to invest and not withdraw, according to him. He also had suggestions for Finance Minister Nirmala Sitharaman ahead of the 1 February Union Budget. He proposed that the government should not raise taxes and be bold in its spending to revive growth. Jhunjhunwala was optimistic about the performance of state-owned banks going ahead, and forecast double digit growth for the Indian economy in the coming years.