5 reasonewhy Rakesh JhunJhunwala is Bullish in Year 2016
The Bigbull of Indian Equity market is very bullish this year.Following are the key reasons why he is bullish.
- With the Traditional investment rates falling, like FD to 7 %, Money has started flowing into market.
- Falling of Gold price has also made new gen investors to shy away from investion in Gold and started investing in markert.
- Flow from Indian Mutual funds have been so good that its matching the outflow from FII's.
- He also feels that we had a healthy correction from 9000 to 7500.And we will start bounching back.
- One sectors he says caution is the Banks, as more bad news to come and the Banking stocks could fall further.So be cautious in investing in Banks.
- Sectors that will shine in 2016 is Pharma,Defence,Infra and Housing Finance.
- Stock he is bullish on is Lupin,Aurobindo Pharma,Kotak,HDFC,Indigo,TataMotors
- Rakesh has been very consistent in his predictions. So people who like the Big Bull can follow his advice and invest in the above stocks.
