Market has no Kings: Rakesh Jhunjhunwala

Famous Investor and Trader Rakesh Jhunjhunwala said that the stock market has no Kings and those who believe they end up in Arthur Jail. He said this while addressing the 4th edition of CII Real Estate Confluence 2022 on Thursday. He said: "Market is like a woman, always commanding, mysterious, uncertain and volatile. You can never really dominate a woman and likewise you cannot dominate the market”. He said that he is optimistic about the progress of the real estate industry in India and the IT industry in the coming future. He in a statement said: "I could be wrong but I don't think people are able to see the implications of what is happening in India. If you see history, all prosperous societies carry two qualities: skilled and hard-working people and a democracy. There is only a tryst of socialism in India. With all due respect to Nehru Ji, India has taken so many years to reach where it is”. Rakesh Jhunjhunwala is also stepping up in the aviation sector as he is going to launch ‘Akasa Airline’ after it gets clearance from DGCA.