In
the past few months a lot of opinions have been thrown around regarding the
rise in the world markets. Compared to last year the markets are definitely
doing better. In India the rise has been phenomenal. From March we’ve been on a
very welcome Bull run. The question which has been asked for quite a while now
has been “When Is This Going to End?”
,there are some traders who are ripping their hair out unable to understand
what exactly is going on, according to many this is a level that both the Sensex
and the Nifty should not be able to sustain.
Most
of you would have undoubtedly heard of Rakesh
Jhunjhunwala, India’s biggest and greatest individual investor. Described
as an extremely smart long term investor, he simply gets richer every time the
Indian markets reach a new high and we all must know by now that Rakesh
Jhunjhunwala is a BULL by nature and
was the face of the Great Indian Bull Run during the past six years when the Sensex
rallied like crazy.
However
this article is not about him, it’s about his ‘nemesis’ and the ‘Anti-Jhunjhunwala’,
India’s most well known Bear, Shankar Sharma. His views yesterday in
an interview quite beautifully summed up the bearish point of view on the
Indian markets.