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Monday 20 June 2011

Rakesh Jhunjhunwala : Golden period of Indian equities is still ahead

In an exclusive conversation with ET Now, Big Bull Rakesh Jhunjhunwala says that the next 3 months are likely to be very difficult period for the markets, but he is extremely bullish on their long-term prospects. Excerpts: 

ET Now: Indian markets have been stuck in this range from last six months. Do you think we could remain in this range for an extended period of time? 

Rakesh Jhunjhunwala: The next three months are going to be a very difficult period for the markets. The chances to break down to me seem to be greater than the chances to break up, at least in the next three months.