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'Big Bull' Investor Sees Years of Double-Digit India Stock Gains


Jun 24 2021, 8:10 AM
June 24 2021, 1:30 AM
June 24 2021, 8:10 AM
(Bloomberg) 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.
(Bloomberg) 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 $3 trillion stock market that’s already been hitting record after record this year. ....

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