Difficult to predict consumer behaviour after demonetisation: Rakesh Jhunjhunwala

Jhunjhunwala called the note ban an 'unprecedented' move

Stock market investor Rakesh Jhunjhunwala said on Friday demonetisation was an unprecedented move and it would be difficult to predict consumer behaviour in its wake. 

Jhunjhunwala had logged into the investor call organised by Titan. The investor, also referred to as Big Bull, said most would be surprised after the transition period. “Demonetisation is unprecedented in the history of any country, including India. So trying to predict how consumer behaviour will be after two months is not easy. I think all of us are going to be surprised post this phase,” he said.