 "Markets may correct in the short term. But in a bull market the correction is always sharp, swift and short-lived: Rakesh Jhunjunwala")
Investor Rakesh Jhunjhunwala, known as India’s Warren Buffet, on Tuesday witnessed his certain key investments underperform after news reports of a regulatory investigation into alleged insider trading in a firm in which he holds a stake.
Four of his top five holdings underperformed the benchmark S&P BSE Sensex. They were down an average of 1.2 per cent, as against a 0.5 per cent fall in the Sensex.
The reports suggested that stock market regulator, the Securities and Exchange Board of India (Sebi), is looking into the allegations of insider trading in the shares of Aptech, a computer training
Four of his top five holdings underperformed the benchmark S&P BSE Sensex. They were down an average of 1.2 per cent, as against a 0.5 per cent fall in the Sensex.
The reports suggested that stock market regulator, the Securities and Exchange Board of India (Sebi), is looking into the allegations of insider trading in the shares of Aptech, a computer training
