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5 Traders who got SUPER RICH trading in stock markets

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Published Date: 06 Sep 2022Updated Date: 17 Dec 20246 mins readBy MOFSL
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If you want to become a great stock market trader one day, one important step is to learn from the very successful stock market traders in India who have gone before you. It's fascinating to learn about these legendary online trading journeys, what principles they followed, how long it took them to become successful, and so on. As a result, today we'll talk about the people who are phenomenally successful in the Indian stock market.

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  • Radhakishan Damani â€‹â€‹â€‹â€‹â€‹â€‹â€‹

Radhakishan Damani, often known as 'Mr. White and White' due to his basic attire of a white shirt and white pants, is India's wealthiest stock market investor and the owner of D-mart. RK Damani is noted for keeping a low profile, and he rarely attends public events or news conferences. RK's experience in the Indian stock market has been very inspirational. He wasn't always invested in the stock market. He began his career as a ball bearing trader, with no plans to enter the stock market. His future, however, has other plans for him. RK Damani joined the stock market at the age of 32.

Popular Holdings: United Breweries, 3M India, Astra Microwave Products, BF Utilities and so on.

  • Rakesh Jhunjhunwala

Rakesh Jhunjhunwala, often known as "The Big Bull," is a well-known and successful Indian stock market investor. He has acquired a fortune through intraday trading and investing, and he is an inspiration to all those who wish to thrive in the Indian stock market. Rakesh Jhunjhunwala, the son of an income tax officer, entered the stock market after earning his Chartered Accountant degree. Starting with a mere Rs 5,000 investment, he now has a massive net worth of over Rs 41,000 crores as of 2021.

Popular Holdings: Titan Company, Star Health & Allied Insurance, Metro Brands, Tata Motors and so on.

  • Raamdeo Agrawal

Another well-known stock market investor in India is Raamdeo Agrawal, co-founder of Motilal Oswal Group. Raamdeo Aggrawal's investing strategy for the last 30 years has been focused on growth, quality, longevity and bargain value of a firm. Raamdeo Aggarwal, like other outstanding investors, adheres to long-term investment concepts. 'The Intelligent Investor' by Benjamin Graham and 'One Up on Wall Street' by Peter Lynch are two of his favorite books to read. Furthermore, he is intrigued by Michael Porter's thoughts on competitive structure.

Popular Holdings: Motilal Oswal Financial Service, Maharashtra Scooters, Bharat Wire Ropes and so on.

  • Ramesh Damani 

​​​​​​​Ramesh Damani, an investment genius and one of India's most successful stock market investors, began his quest to riches in the 1990s, when the Sensex was 600 points. He graduated from HR College in Mumbai with a bachelor's degree in commerce and a master's degree in business administration from California State University. 'Infosys' was Ramesh Damani's first well-known investment. Coming from a technical background in the United States, he recognized Infosys's enormous future potential. As a result, when Infosys went public in 1993, he put Rs 10 lakhs into it. By 1999, he had received a more than 100-fold return on his investment.

Popular Holdings: Goldiam International, Godrej Industries, Panama Petrochem and so on.

  • Vijay Kedia  

​​​​​​​Vijay Kedia, like many other investors on our list, provides outstanding stock market knowledge and an even more inspiring tale. Despite being born into a brokerage family, his journey in the stock market was fraught with difficulties. Despite discovering his interest in the stock market at the age of 14, he was compelled to enter the market at the age of 19 owing to his father's death. He joined his family's stock brokerage firm but had no intention of working here. He then delved into intraday trading, where he found even greater success.

Popular Holdings: Mahindra Holidays, Repro India, Elecon Engineering and so on.

 

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Disclaimer: The stocks, companies, or financial instruments mentioned in this blog are for informational purposes only and should not be considered as investment recommendations. It is advised to consult with your financial advisor before making any investment decisions. Investment in securities markets are subject to market risks, read all the related documents carefully before investing. Investors are strongly encouraged to carefully read the risk disclosure documents prior to participating in market-related investments or trading activities. Due to the volatile nature of financial markets, no guarantees can be made regarding investment returns. Motilal Oswal Financial Services Ltd. does not offer any assured returns on market-linked securities. Please note that past performance of stocks or indices is not indicative of future results.
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