Annual equity returns from Indian stocks will be about five percentage points on top of the economic growth of 7%-10% in coming years, according to billionaire investor Rakesh Jhunjhunwala. Known locally as India’s Warren Buffett due to his penchant for equity investing, Jhunjhunwala is counting on the nation’s potential for long-term growth and political stability to fuel further gains in the $3tn stock market that’s already been hitting record after record this year. His bets range from banks and health insurance – which he says will be boosted by the pandemic – to a broad consumer rally on the back of Prime Minister Narendra Modi’s policies to give every Indian a home and access to clean
Hence then, the article about big bull sees major gains in indian stock market was published today ( ) and is available onGulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( ‘Big Bull’ sees major gains in Indian stock market )