Big Bulls Magic How Rakesh Jhunjhunwala Turned Rs 1 Crore Into Rs 20 Crore Overnight After The 1989 Budget
E
Economic TimesVerified Publisher
Rakesh Jhunjhunwala, the legendary Big Bull of Dalal Street, built his reputation through conviction and contrarian investing. A standout example came in 1989, when widespread fears of an anti-business Union Budget triggered panic selling Rakesh Jhunjhunwala, the legendary Big Bull of Dalal Street, built his reputation through conviction and contrarian investing. A standout example came in 1989, when widespread fears of an...
Rakesh Jhunjhunwala, the legendary “Big Bull” of Dalal Street, built his reputation through conviction and contrarian investing. A standout example came in 1989, when widespread fears of an anti-business Union Budget triggered panic selling. At just 29, Jhunjhunwala bet against the prevailing sentiment, believing VP Singh’s government would take a pragmatic, growth-oriented approach.
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