Whom did Ramesh Damani call the ‘pig’ of the stock market, why said – not only bulls-bears, they can also earn

New Delhi. Famous investor of the stock market Ramesh Damani says that sometimes one has to be audacious to earn money from the stock market. Sometimes you also need pig-like audacity and impatience to take advantage of the opportunities available in the market. Eager investors are called pigs in the stock market. The general belief is that Pigs do not make money but take losses.

CNBC TV18 In an interview given to, Damani said that there is a lot of strength in the stocks of technology and public sector companies (PSU Stocks) in the Indian market. According to Damani, defense and rail shares can also earn investors. He accepted that I have invested more in PSU stocks. The business of all PSU companies is very good.

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compounding 8th wonder of the world
Describing compounding as the eighth wonder of the world, Damani said that the biggest lesson that one can learn from the market is how to grow money with the power of compounding. The veteran investor said that he has increased his money a lot with this.

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Pigs also make money
Sharing the mantras of success in the stock market, Ramesh Damani said that when your conviction about a stock is high, then you need to become a pig. In stock market parlance, the term pig is used for impatient investors who take more risks. He said, “I am often in favor of taking large positions. There is a general belief in the stock market that bulls make money. Bears also make money. But pigs are slaughtered. But this statement is often not true. Sometimes you also need pig-like audacity and impatience to take advantage of the opportunities available in the market.

bullish for a long time
Ramesh Damani expects the benchmark index Nifty to reach 20000 points. He says that Indian markets will continue to boom for the next 30 years. The journey of the next 30 years of the stock market will be even more exciting than the last 30 years. In a few years, the Sensex will be seen reaching the level of 1 lakh.

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