Stock market veteran Rakesh Jhunjhunwala has given a big statement on popular cryptocurrency bitcoin. He says that he will never invest money in Bitcoin or any other cryptocurrency. They have demanded the government to ban cryptocurrency. At the same time, he appeared bullish on the stock market in an interview and said that by 2030, the Nifty can reach 90,000 to 100,000 levels. That is, the Nifty 50 can increase about 580 percent from the current level.
Jhunjhunwala reported the flaws of cryptocurrency on Tuesday. He also demanded a complete ban on this from the regulators. In the conversation, he said that I believe that the regulators should intervene and stop it. There is too much betting. Jhunjhunwala said that he will never buy bitcoin even if he gets it for $ 5. Let us know that the price of bitcoin is still around 50 thousand dollars. Only the government has the right to launch such a currency