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.