THE REBIRTH OF INDIA

 THE REBIRTH OF INDIA

The new-fangled notion of the Indian stock market

Intelligently plunge into the legalize gambling

The Indian stock market has been around for decades. The majority of trading in India is done on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). BSE was founded in 1875 and NSE was established in 1992.

India has observed enormous growth in its economy since late 1990 when the government of India has determined to begin the open trade market economy. 

Several FDI has thrived in India, the job has been created and numerous foreign companies started to get enlisted in the Indian stock market and cross-border trade transactions have emerged massively. A lot of domestic companies have their step already in the stock market. The people have become conscious about the stock market and they become excited to start to invest their hard-earned money. The Indian stock market is enriched through buying and selling of shares which is generates like catalysis. It's simply a great breakthrough to make India one of the biggest stock markets in the world. 

People are motivated and stunned by the stock baron Warren Buffet who has accomplished the arduous task and get a lucrative return and what struck him most was a quote by Albert Einstein that “Compounding is the eighth wonder of the world”. So, start losing your own money in the stock market sounds silly. People are ready to accept sportingly the ecstasy of victory and agony of defeat. The unquenchable thirst looms large in every sphere in India. 

Indian Stock Market is the place where people got billionaires by investing in stocks and shares. Investment if done wisely will always turn in good returns.

The success stories in the Indian Stock Market:-

1. Rakesh Jhunjhunwala:- He is the 48th richest man in India. . He is often known as Warren Buffet of India. His Networth is above 16600 CR. He is also a member of the board of companies such as Prime Focus Limited, Geojit Financial Services, Bilcare Limited, Praj Industries Limited, etc. However, his biggest investment is in Titan Company.
2. Rashakishan Damani: He is among the top 10 richest people in India. His fortune grows during the lockdown period. He is the founder of D-mart. He became the retail king of India. He always holds Bluechip stocks. His Net-worth is above 129000 CR.
3. Porinju Veliyath: He is the owner of the fund management firm Equity Intelligence India Private Limited based out of Cochin. His career was started with Kotak Services as a floor trader. He is known for dealing with small-cap stocks. His net-worth is above 16 CR.

These are just three examples there are many more who are billionaires by investing in the Stock market. Investors have to understand that your job is just for your routine expenses if you want a lavish life then you have to invest your money and wait for good returns. 

So, Knowledge/ skill/ experience is very important to success in buying and selling shares

One should have complete knowledge at least about the basics of the stock market. One should gain experience in understanding the movement of the stock market and share prices of a stock. One should have awareness about the Cash market and also about Futures & Options (however riskier it is, one should know to place orders and understand the loss and profit he can make with it). One should have awareness about FII, DII, portfolio managers, and hedge fund managers and what their role is in the stock market. One should spend lots of time in the trader's community and forums to understand their view of the market.