After some relief from recent stock market rally, big bull investor finally decided to buy new clothes on Diwali. According to sources, he lost all his clothes as his portfolio took a big hit in a big carnage in Indian stock markets that came by July end to August end this year.

"Now I am happy, I can buy new clothes in Diwali," said Rakesh Jhunjhunwala, an ace investor and inspiration to many on Dalal Street.

He also gave a new target of 6700 for Nifty when Sensex just touched an all time high and said that it was painful month when the markets tumbled from 6000 levels to 5000. However, due to immense hot weather in Mumbai helped him to manage life without clothes.

Revealing the success how he managed to make turnaround, Jhunjhunwala said "I acted on the advices given by SP Tulsian."