Bulls, Bears and Other Beasts
Lalchand Gupta takes you on an exciting journey through Dalal Street in this brief history of the Indian stock market post liberalization.
From tech booms and tax evasion to banks and money laundering; scams and crashes to fixers and investors, Lala has seen it all.
A comprehensive account of the stock market over the last 25 years, it tells you what to watch out for while...more
Year By Year account of India's greatest Stock exchanges.
The book is narrative of "Lala" a who starts his life with Indian Stock market from a low level and rises to the top.
You will encounter all big names like Harshad Mehta and Ketan Parikh and how they found loop holes in trading systems and fooled banks and Stock Exchange regulators and created multi million Scams.
Once you reach the end of the book, you will have different views ...more
The book is primarily an 'events' book for the markets interspersed with the behind the scenes goings-on of traders, operators, promoters, money managers and regulators. I t ...more
One could be mistaken for thinking that the above simple steps are for purchasing something in the various e-commerce sites like Amazon. Well, these are the steps there but here I am talking about buying something as complex and critical like financial instruments ( shares/ETFs / MF etc). We must have seen old vignettes wherein people are shouting in a big hall trying to sell off shares like some op ...more
The book is a good historical account of the different ups and downs of the stock market as seen f ...more
Nair has weaved a wellknit story through the lives and times of a stock broker Lala who is the main protagonist of our story. He's a likeable character and within no time you begin to root for him. The catch of all this is that it tells you real stories of the Dalal Street. My father has been an investor for as old as I ...more
I learnt a lot about the various bull and bear phases of the market and as a keen investor, I see history repeating itself in the capital markets today. While the names are different, the key trends all look alike, except with shorter boom to bust cycles due to a number of factors. Santosh's crisp writing style captiva ...more
Definitely recommended. ...more
The protagonist, Lalchand Gupta, started his journey as an assistant to a small stockbroker but grew by providing insider information to bigtime traders and investors - either through his contacts or through bribing. ...more
It takes us through the history and evolution of Indian Stock Markets through the life of the fictional character "Lala".
The book details on how Operators/Merchant bankers/Promoters/Big players (Beasts) used to manipulate the market for their own gains.
It shows examples of people getting carried away by the em ...more
For some like me, who is willing to but still oblivious of a lot of intricacies and jargons related to the market, a lot stuff mentioned in this book literally bounced off.
My takeaways from this book are Harshad Mehta's 1992 scam and Ketan Parikh's 2000s scam. These topics piqued my interest and I researched only to be amazed by how the money market system works and how wel ...more