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Rakesh Jhunjhunwala
Rakesh Jhunjhunwala Net Worth is 1,250 $Million. Rakesh Jhunjhunwala (born 5 July 1960) is an Indian investor and trader. He is a qualified Chartered accountant. He manages his own portfolio as a part. Rakesh Jhunjhunwala (born 5 July 1960) is an Indian investor and trader. He is...

Rakesh Jhunjhunwala Net Worth is 1,250 $Million.

Rakesh Jhunjhunwala Net Worth is 1,250 $Million. Rakesh Jhunjhunwala is an Indian investor and trader. He is a qualified Chartered accountant. He manages his own portfolio as a part Rakesh Jhunjhunwala is an Indian investor and trader. He is a qualified Chartered accountant. He manages his own portfolio as a partner in his asset management firm, Rare Enterprises. Jhunjhunwala was described in a magazine as the "pin-up boy of the current bull run" and by another as "Pied Piper of Indian bourses".
The son of an income tax officer, he started dabbling in stocks while in Sydenham College and plunged into full-time investing soon after completing his education. He started his career in 1985 when the BSE Sensex was at 150. He made his first big profit of Rs 0.5 million in 1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months prior. Between 1986 and 1989 he earned Rs 20-25 lakhs. His first major successful bet was iron mining company Sesa Goa. He bought 4 lakh shares of Sesa Goa in forward trading, worth Rs 1 crore and sold about 2-2.5 lakh shares at Rs 60-65 and anothe...
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Rakesh Jhunjhunwala Latest News

Sensex recovers from Rajan's exit news, rupee under pressure

Several prominent marketmen, including ace investor Rakesh Jhunjhunwala, said in their commentaries before and during the trading hours that Rajan's exit should not be a major worry for the markets as right policies are in place. Swamy, who has been one of ...
Posted: June 20, 2016, 5:58 am

Now, Big Bulls strike gold from Bollywood

While Rakesh Jhunjhunwala is known for his strong views, Radhakishan Damani is said to be reclusive by nature. N Sundaresha Subramanian reports. IMAGE: Rakesh Jhunjhunwala and Radhakishan Damani floated Gutz Feel Film Production, which produced Ki & Ka ...
Posted: June 13, 2016, 2:19 am

Not Raghuram Rajan’s exit, but markets more worried about Brexit, monsoon, GST: Rakesh Jhunjhunwala

Ace investor Rakesh Jhunjhunwala on Monday said Raghuram Rajan’s exit as RBI Governor may affect the markets, which could see a knee-jerk reaction. He was speaking to CNBC TV and added, “there will be no change as there is no crisis in Rajan going.”
Posted: June 20, 2016, 12:10 am

The next governor won't be able to easily set aside Rajan's legacy: Rakesh Jhunjhunwala, Rare Enterprises

In a chat with ET Now, Rakesh Jhunjhunwala, Rare Enterprises, says banks will have to continue the process started by Rajan, of showing bad debts. While agreeing that the best and the mother of all the bull market lies ahead of us, Jhunjhunwala says he ...
Posted: June 20, 2016, 6:02 am

Brexit: D-Day for Britain, What it means for India?

Veteran market guru Rakesh Jhunjhunwala of RARE Enterprises speaking to moneycontrol explains that the markets are freaked out with the fact that if today Britain decides to leave the EU, tomorrow it could Germany or Netherlands who may want to opt out.
Posted: June 23, 2016, 3:29 am
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