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Hello friends, I am Dr. Ajit Kumar. Today I am going to tell you a very good thing about the share market, how a person started with Rs. 5000 and earned Rs. 16000 in a very short time. I am going to tell it in the language of sex, I am going to tell in the language of the biography of the person whom the world calls the varna-vafat of India.
If understood properly, friend, then everyone of you can start with the money for tea, water and snacks and in the shortest time. Rakesh Jhunjhunwala, who is called the king of the Indian share market, invested in the share market in 1985 with just Rs. 5000 and today he has taken it to Rs. 5000 crores on his own.
His journey started when Rakesh was 15-16 years old. His father had some interest in the share market. Seeing him, Rakesh's mother also got interested. So one day Rakesh asked his father how the prices of the share market go up and down. Then he said that after reading the newspaper, there is news about Tej Company that the prices of the company's shares are going up and down.
It must have been that day that Rakesh got his first lesson in the big business of the stock market. From that age, Rakesh's interest in the stock market also started and he started studying the big business of different companies and started gathering information. He completed his graduation from college and after that he told his father that he wanted to go into the stock market.
His father said that you can do whatever you want but first complete your professional studies and he took admission in Chartered Accountancy. When Rakesh completed his Bachelor's degree, he told his father that he wanted to go into the stock market and needed some money. His father said that I will not give you a single penny for this and neither will you ask any of your friends.
When you find a good one and settle your life, but Rakesh was not going to agree. He somehow arranged ₹5000 by using his story and made his first investment in the stock market in 1985. At that time, the BSE Sensex was at 150 points. In 1986, Rakesh made his first big profit on the basis of his ability and hard work.
5000 shares of Tata Tea Company, which were bought at the rate of Rs 43 per share, were sold after 3 months at the rate of Rs 143, in which Rakesh earned a profit of Rs 5 lakh and then this gave him a new courage and then he never looked back. Between 1986 and 1989, Rakesh earned a profit of Rs 20 to 25 lakh.
After that, in 2002, he bought 6 crore shares of Titan Company, which was the life money company of his time, at the rate of Rs 3 per share. Later, the price of those shares increased to Rs 390 per share, due to which his investment went up to Rs 2100 crore. He says that you can learn only from mistakes.
Unless you accept your mistakes and learn something from them, you will not move forward. He believes that investors should always be like chameleons and it is very important for investors to have confidence in themselves while investing. Today, Rakesh Jhunjhunwala has made a name for himself through his hard work and ability.
He does not need any introduction for the position he has achieved on the strength of his. Today he worked further with Up Limited and Hungama Digital Media Entertainment Pvt. Ltd. So friends and he achieved such a big position in the shortest time. You can also become successful, the only condition is that you should know how to do fundamental analysis, which we do and we also tell you.
My aim of starting this channel is only and only that I should be able to provide you from time to time whatever information is there related to the share market. With this, Jai Hind Jai Bharat.
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