Ace investor late Rakesh Jhunjhunwala, often referred to as the Big Bull of the Indian stock market, passed away four years ago on this day. As investors remember him today on his fourth death anniversary, his investment philosophy will continue to live on and inspire generations to come.
The son of an income tax officer, Jhunjhunwala started making his mark on Dalal Street in 1985, when the BSE Sensex was young, at a mere 150 level. Starting his career with a humble Rs 5,000, Jhunjhunwala built a multi-billion dollar portfolio on Dalal Street. A qualified Chartered Accountant, he invested in both his own name and his wife, Rekha Jhunjhunwala. He favoured stocks in the finance, tech, retail and pharma sectors.