ETMarkets Trade Talk: Boy with broken knee made crores by running after momentum stocks
The Asian tiger crisis that shocked the world economy in 1997 looks like a blessing in disguise for Dalal Street bull Rakesh Bansal in hindsight. After finishing MBA, all he wanted was a good corporate job but vacancies dried up quickly amid the financial crisis. The enterprising ‘Marwari boy soon realised that the stock market was the only place where he could build a fortune with little capital.