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India growth story to continue, despite odds: Rakesh Jhunjhunwala
August 30, 2007
Super broker Rakesh Jhunjhunwala (left) sounded optimistic while talking about the Indian market weighed against its US counterpart at a recent meeting organised by Shailesh J Mehta School of Management, IIT, Bombay.
While analysing the Indian market weighed against its US counterpart, Jhunjhunwala quoted the former US Federal Reserve Chairman Alan Greenspan: "History has not dealt kindly with the aftermath of protracted periods of low-risk premiums."
The super broker feels the going will get tough for the Indian markets for the next few months. This is sad, he said as India has all the ingredients that markets value.
Text, courtesy: RARE Enterprises and Shailesh J Mehta School of Management, IIT, Bombay
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