Long & Short of Markets: Why Rakesh Jhunjhunwala remains invested in Nazara

While the outlook remains favourable for industrials and old economy stocks, gold is in a bearish phase and inflation moderately high. This is the classic story of an economic boom. Who are the winners of this boom? Read about ‘Big Bull’ Rakesh Jhunjhunwala’s thumb rule while picking internet companies and more in this weekend’s edition […]

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How Nazara’s lost opportunity in 2018 turned out to be a blessing in disguise

NEW DELHI: Nazara Technologies was looking forward to launching its IPO way back in 2018 and had also got necessary approvals from Sebi in April that year. But a strong selloff in midcap and smallcap stocks in the wake of the implementation of Sebi’s reclassification of mutual fund categories changed investor sentiment overnight. The highs […]

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Rakesh Jhunjhunwala pares stake in this smallcap stock

NEW DELHI: Rakesh Jhunjhunwala and Rare Investments offloaded shares of , according to bulk deal data available on the BSE on Tuesday. The ace investor sold 150,770 shares of the company at Rs 1,205.19 per share while Rare Investments dumped 387,727 shares at Rs 1,205.42 per share. At the same time, Plutus Wealth Management bought […]

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Long & Short of Markets: ​Jhunjhunwala on when will Sensex top out; June 16 could be a turning point for Street

The butterfly effect of rising bond yields sent shock waves across the global stock market last week. Inflation, being the villain here, can force central banks globally to raise interest rates which can prove fatal for the bull run. Read about the threat from bonds, Rakesh Jhunjhunwala’s gauge to predict bull market’s demise, his commodity […]

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India’s Bitcoin owners get sinking feeling as Jhunjhunwala calls for its ban

Mumbai: For the Bitcoin investors in India, the ground is shrinking beneath their feet. Or so it seems. As the government prepares to bring in a bill that will likely ban the use of all private cryptocurrencies, Bitcoin is looking increasingly likely to enter its second bear market in as many months, underpinning the difficulties […]

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