Excerpts from the Q. How do you make a small fortune in the stock market? A. Start with a large one. A prime example of the Indian stock market’s potential is Infosys. If you subscribed to 100 shares of Infosys at its 1993 IPO at a price of INR 95 per share, you would own 1,02,400 shares of the company today. At an average price of INR 700 per share, that investment would now be worth over INR 7 Crores! Taxmann’s Stock Market Wisdom highlights the great potential of the stock market while guiding investors to invest wisely and how to avoid its pitfalls. It is an attempt to assist investors to understand the the market system operates?How one should invest money in it? How one can generate wealth through it over the long term. The author has also explained how the markets have evolved, what their present stage is, where they’re headed, and, of course, how you can benefit, with the help of multiple case studies. Featuring the following o India’s Top 25 Years Return Charto World stock exchange performanceo The Roller Coaster Journey of the SENSEX from 100 to 41,000o Amazing story of Reliance Industries – The first Indian company to enter the 10 Trillion Market Cap Clubo Avenue Supermarts Ltd. – The company that defies gravity Reviewed by Motilal Oswal (Managing Director) | Motilal Oswal Financial Services Ltd. “For any new investor who is starting his journey in stock markets, or even an old investor who has not been yet able to decode investment success for himself, this is a fine book to start or restart the journey, as the case may be.” “The basics of investing and trading have been explained in a very lucid and simple manner and the complete spectrum of investing has been covered from history of the stock markets, the working of the stock markets, the basic of fundamental analysis, basics of technical analysis, concepts dividends, bonus, splits, buy backs, etc.” “Most importantly, a large part of this book is about behaviour analysis and how it impacts the investor returns in this fascinating journey of stock market investing.” Contents of the book are as should you invest in the Indian stock markets? Evolution of the stock market in IndiaMarket and Interest BehaviourRight number of stocks in your portfolioInvest in winners, do not chase losersBuy it, Hold it, Forget it strategyLow PE vs. High PE, which one should you buy? Small vs. Large companiesBenefit from Beaten Down StocksImpact of current events on the stock pricePricing powerLife expectancy of companiesDividend decisionsBonus shares, share split and right sharesBuyback of sharesMutual funds and their relevanceValue investingInvesting in growth shares Lessons in wealth creation from Warren BuffettTrading vs. InvestmentSensible investments – practical pointsKey to multi-bagger returnsBasics of fundamental analysisBasics of technical analysis