A Bumper Cuppa

As a teenager itself he was interested in playing the market, his father prompted who is a government tax official. His first big profit that he earned was when he borrowed 5,000 shares in Tata Tea and was confident that the markets had under estimated the company’s potential. He recalls, “I was apprehensive, but if you don't have confidence, you shouldn't come to the stock market. You have to risk.”

Another bigger investment for him was in 1980s on an iron ore exporter named Sesa Goa where he bought stocks for 60-65 and sold it for 2,200. In 1986, BSE the Asia’s oldest introduced the yardstick SENSEX index and markets developed slowly after the economic liberalization after five years. He proudly says, “I'm the right person at the right place with the right attitude, if the Sensex had not gone up 100 times from when I started, I could not have been successful.” According to the warning by Standard and Poor’s its credit rating could be downgraded to debris because of the political inaction.