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Home/News/RakeshJhunjhunwalaSuccessStoryfrom5kto1.8$Billion
RakeshJhunjhunwalaSuccessStoryfrom5k
to1.8$Billion
InvestorJi | October29,2014 | News | 4Comments
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successstoryofRakeshJhunjhunwalaandhisjourneyfrom5000Rsto8000
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RakeshJhunjhunwalawasbornon5thJuly1960.HefatherwasanIncome
taxofficer.Hisfatherwasinterestedinstocksandusedtodiscussaboutthe
stockmarketwithhisfriends.Rakeshasachildwouldlistedtothem.Oncehe
asked his father why the price fluctuate. He told him to check the news, it
makes the price to fluctuates. This was his first lesson of stocks market. He
gotfascinatedbystocksandfounditinteresting.Heexpressedhiswishtoget
into stock market to his father. He told him to do whatever he wanted in life
but at least get professionally qualified. Rakesh then took up chartered
accountancyandcompletedhisCAin1985.
After completing the CA he told his father that he wanted to go in the stock
RakeshJhunjhunwalaSuccessStory
from5kto1.8$Billion
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ladytraderwhomade6
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market. His father reacted by telling not to ask him or any of his friends for
money.Earnandtradewithyourmoney.Hestartedhiscareerin1985when
the BSE Sensex was at 150. He made his first big profit of Rs 0.5 million in
1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he
had purchased for Rs 43 a share just 3 months prior. . Between 1986 and
1989 he earned Rs 202.5 million. His first major successful bet was iron
miningcompanySesaGoa(nowSesaSterlite).Hebought400,000sharesof
Sesa Goa in forward trading, worth Rs 10 million and sold about 2250,000
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RakeshJhunjhunwalaSuccessStoryfrom5kto1.8$Billion
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Hisdailyroutine
Hewakesupat7.30anddoessomeexercise.At9amhewatchesTVtoget
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update about market opening. At 10 he gets ready for work after having
breakfast. Around 11.30 he reaches his office talks to his people, checks
mails, reads articles and watch the trading screen. 4 PM onwards he meets
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RakeshJhunjhunwalaSuccessStoryfrom5kto1.8$Billion
thepeopleattheendofthetradinghours.At7.30heleavesforhome,after
reaching home he plays with his children and looks into his daughters
homework.At9.30hetakesdinnerandafter10goestobed.
44Comments
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GovardhanreddyDuggiempudi
ArticleTraineeatV.RaoandGopiAuditFirm
Greatpersonality
LikeReply
1Apr24,201511:43am
DeepakSahu
WorksatSelfEmployed
greatstorythankyouforsharingwithus[url=http://stocktips
guru.blogspot.in/]stocktips[/url]
LikeReplyMay16,201511:45amEdited
NareshKumar
JammuUniversity
Reallygreat,it'sgoodideagivenbyhimtolearn&investin
stock
LikeReplyJun5,20159:20pm
KRajRathore
ServiceManageratNetworthStockBrokingLtd
idealforeveryinvestor
LikeReplyJul10,201512:04am
RajKumar
StockTraderatSelfEmployed
ExcellentStory
LikeReplyJul18,20151:03pm
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