 "Markets may correct in the short term. But in a bull market the correction is always sharp, swift and short-lived: Rakesh Jhunjunwala")
Rakesh Jhunjhunwala’s holding value in Nazara Technologies crossed the Rs 1,000-crore mark, as the stock rallied 19 per cent on the BSE in Friday’s intra-day trade. In the past one month, the market price of Nazara, a diversified gaming and sports media platform, has zoomed 78 per cent. In comparison, the Sensex was up 3 per cent during the same period.
The ace investor, who is referred as the 'Warren Buffett of India', held a 10.82 per cent stake in Nazara as of June 30. Based on the intra-day high, the company's market capitalisation stood at Rs 9,800 crore, while
