Fan Site: Inspired, Not Endorsed, By Rakesh Jhunjhunwala

I Don’t Want Pappu To Be PM Of India. NAMO Is Best: Rakesh Jhunjhunwala



Rakesh Jhunjhunwala, the Badshah of Dalal Street, has proclaimed that he does not want “Pappu” to ever become the Prime Minister of the Country. Instead, he has reposed confidence in NAMO and asserted that only an able person like him can do the job competently




Indira Gandhi Institutionalized Corruption

It is no secret that Rakesh Jhunjhunwala, the Badshah of Dalal Street, does not have a high opinion about the Congress party or its leaders.

On an earlier occasion, the Badshah had slammed Indira Gandhi, the late Prime Minister, for “institutionalizing corruption“.

“I feel it was unfortunate that we had Mrs Gandhi as the prime minister. She institutionalized corruption. Till Shastriji, corruption was looked down upon as a taint, as a blame. She institutionalised it more than that she nationalized our banks, insurance and the coal industry,” the Badshah thundered, his eyes blazing in fury.

According to the Badshah’s logic, many of the woes that the Country is presently facing, including the colossal waste of resources in the PSU sector, are attributable to the flawed policies of Indira Gandhi and the Congress party.

NAMO is doing his best to unravel the mess though it is an uphill task given the size and scale involved.

“They butchered Air India so badly that it cannot be revived,” the Badshah lamented.





Rahul Gandhi is a “Pappu“. I don’t want him as Prime Minister

In his latest interview with Sreeneevasan Jain of NDTV, Rakesh Jhunjhunwala was at his blistering best.

The Badshah praised NAMO to the skies for having delivered big-ticket decisions such as the repeal of Article 370.

He also complimented NAMO for the “Ujjwala scheme” which empowers lakhs of women with smoke-less LPG cylinders.

NAMO’s ‘Nal Me Jal’ scheme made the Badshah emotional.

“If I die tomorrow, I will die as a happy man. 40 per cent of diseases in India are water-borne. This scheme will immensely benefit Indians,” he said.

At the same time, the Badshah tore Rahul Gandhi and the Congress party apart.

“I don’t want Pappu to be my Prime Minister. I support the BJP so I don’t want him as the Prime Minister,” he declared in a contemptuous tone.

Markets have bottomed out, time to buy

Anyway, from our point of view in Dalal Street, what is most important is Rakesh Jhunjhunwala’s assertion that the correction has worked itself out and that the markets have bottomed.

“Slowdown not as bad as made out to be … pessimism in the market is overdone … Stock markets have bottomed out,” the Badshah said in a soothing tone.





Stocks are surging, already up 40%+ in just 2 months

We ought to have dived in at the depth of the crisis and grabbed small-cap and mid-cap stocks right, left and center.

In July 2019, the midcap and smallcap stocks had plunged to a five-year low, giving a god-sent buying opportunity.

Since then, there has been a dramatic recovery.

According to data collated by Nigel D’Souza, the Midcap Index is up 4.7% while the Smallcap Index is up a whopping 7.1% in just the last few weeks.

Select stocks are up 40%+.

Conclusion

It is obvious that we cannot sit on our haunches any longer. After Rakesh Jhunjhunwala’s assertion that the markets have bottomed, we have to immediately head out to Dalal Street and grab high-quality stocks and/or ETFs ASAP!









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7 Comments
  1. Abhishek Sharan's Gravatar Abhishek Sharan
    September 14, 2019 at 3:28 pm | Permalink

    Yeah I agree namo has tremendous capabilities. He can show us year when gdp can be – ve. Pappu is incapable of that kind of feat.

    Reply
  2. Harinee Mosur N's Gravatar Harinee Mosur N
    September 15, 2019 at 12:55 pm | Permalink

    The reason we are left so few options is Congress simply doesn’t want to elect a capable leader.For a healthy democracy a healthy opposition is a must, which we are severely lacking.
    A split in the party is the need of the day, splits bring out real leaders.

    Reply
    • Ram Babu B. Com's Gravatar Ram Babu B. Com
      September 15, 2019 at 12:59 pm | Permalink

      Good point. If Papu is removed and new Congress leader is appointed like Capt Amrinder or even Tharoor, situation may be different for Cong. A strong opposition is essential for Govt to function.

      Reply
  3. maddy's Gravatar maddy
    September 15, 2019 at 8:07 pm | Permalink

    well said.But he did not suggest anything person who already brought mid cap stock at high price almost year back ,now sitting with huge loss.How long they have to wait please suggest?is it like denomination with in 6 months they have loss huge and they have forget everything and waiting for another nano magic.Ithinl from ur side u don’t have much loss.so you will be happy.what about company like Sunil hi-tech and other infra company.who will pay the money to investors.Will your nano will do that?shame on you.come to reality and speak

    Reply
  4. kharb's Gravatar kharb
    September 16, 2019 at 9:12 am | Permalink

    Yes on one side there was Pappu, but what we have on other side, it is Gappu.Ek taraf Kua doosri taraf khai.

    Reply
  5. Mans's Gravatar Mans
    September 17, 2019 at 1:38 pm | Permalink

    It’s really a shame for a man of his stature and achievement talks low of someone. Everyone has their own struggles, he can call a party as corrupt for their practices but pointing finger at a person and calling him names is plain cheap.
    For Namo, if people feel he’s the best leader, then he will keep getting elected but like others have pointed out, without a worthy opposition, any party for that matter can get arrogant like Congress did for many years.
    Now, we have only seen politicians all these years, we have not seen leaders who will take the country forward. Really wish to see a good leader who keeps all the dramas aside and focuses on creating opportunities, building infrastructure and bringing investments to India.

    Reply
  6. KISORE's Gravatar KISORE
    September 17, 2019 at 9:51 pm | Permalink

    A classical example of Contrarian approach by RJ. !!!!!!

    Reply

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