10 Fascinating Facts About the Indian Stock Market

The big money in booms is always made first by the public on paper. And it remains on paper — Jesse Livermore

I started trading in 2007.

In those days, day trading was not very popular in India(due to high brokerage charges).

I used to read some articles and then invested my capital in some stocks.

I started feeling confident as my trading results were slightly positive.

At the same time, the Satyam scandal broke out, and the price of Satyam shares fell drastically.

After a few days, Satyam shares were trading between Rs.10 – Rs.15 levels.

Someone told me that either the Indian central government or Mahindra company would take over Satyam. So, it is better to invest some money in it.

I had the same view, so I invested around 25K (INR) on Satyam shares (around Rs.10 — Rs.12 levels).

After a week, the news broke out that Mahindra company will take over the Satyam. Satyam share prices started trading in the north direction, and I started selling some shares every day.

I made outstanding profits from this trade, and I started feeling I had cracked the secret technique to mint money in the markets.

So, I started shortlisting the stocks from the next day, which fell over 80–90% from their peak levels and started investing 5% in them.

I thought I would become a millionaire soon. But within 3 months I lost all the profits and my capital.

I realised trading is not a funny business and it demands a lot of dedication and commitment.

Let us look at some of the interesting facts about Indian stock market.

Below are the 10 fascinating facts about the Indian stock market:

Fact #1 Bombay Stock Exchange (oldest exchange in Asia)

Mr. Premchand Roychand founded the Bombay Stock Exchange (BSE) in Dalal Street in 1854, and BSE is the oldest exchange in Asia.

BSE has over 5000 companies, and hence it is the biggest stock exchange in the world in terms of the total number of listed companies.