Buy mode

Ace investor Rakesh Jhunjhunwala has used the market fall as an opportunity to increase holding in his portfolio companies. He raised his stake in four of his portfolio companies this month. At a recent public outing, he said, “This is a good time to invest as the market is depressed.” Interestingly, even the stock market has declined close to 8% so far this month, shares of the companies in which he has raised stake have gone up an average 6% from their purchase price(Click on graphic)