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Big bull Rakesh Jhunjhunwala feels the Indian stock markets, currently on an
upward rally, may 'burst' in a month or two.

"If your see the formation of the indexes, all the stocks are going up,
indexes are going up. (There are) minor corrections at every point. You
cannot have this kind of a rise...(a) peak without burst. I think the burst
will come within one or two months," Rare Enterprises partner Rakesh
Jhunjhunwala said at the Private Equity International India Forum 2009 in
Mumbai, on Thursday.

Indian capital markets have been heading northward led by robust liquidity
positions and on the belief that economic recovery has begun.

*Image: *Ace stock broker Rakesh Jhunjhunwala.
*Photographs: *Reuben N V
http://business.rediff.com/slide-show/2009/oct/09/slide-show-1-rakesh-jhunjhunwala-foresees-a-stock-market-burst-soon.htm

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