Rakesh Jhunjhunwala, popularly known as the big bull of D-Street, increased his stake in 4 companies and cut holding in 8 companies in the December quarter as compared to September quarter.
Indian market registered flat return in 2018 with Nifty posting a marginal gain of about 3 percent, but the real carnage was seen in the broader market.
A similar picture could be seen in the portfolio of the big bull where 26 companies posted negative returns since January 2018.
As many as 29 companies in Jhunjhunwala’s portfolio released their shareholding data for the quarter ended December as of January 25. Of the 29 companies, only three have delivered positive returns in the last one year.