To the uninitiated, the stock market can appear a forbidding place where years of savings can be wiped out overnight. Yet, for the informed investor, it is one of the most effective ways to increasing wealth. In this accessible guide, Ashu Dutt, author of The Penguin Guide to Personal Finance, provides expert advice on how the stock market works, what shares are all about and what the wise investor should look out for. Drawing upon his years of experience as a broker and an investment adviser, he offers a fresh perspective on the inner workings of the Indian stock market. But, most importantly, he informs the reader of winning strategies-the tools, weapons and intelligence needed to navigate the market. The book covers, among other topics, market mechanics, how the price of a stock is determined, tools of the trade, stock market indices, developing an investment philosophy and what kind of stocks to pick.
Extremely reader-friendly, this book should enable even a layman investor to rub shoulders confidently with the bulls and the bears of the stock market.