Rakesh Jhunjhunwala in the interview to CNBC-TV18 highlighted that he does not think there will be a Third Covid wave. Investors should not be fearful of market as whole merely because of small corrections. He believes inflation in India is transitory
Bull markets cannot be linear, there have to be corrections. The Nifty50 after hitting a high above 15900 levels last week is trading around 15600 levels which translates into a fall of about 2 percent.
We could see some short-term disruption in the India market, but the bull run will continue, explains Jhunjhunwala.
News source:- Moneycontrol