The stock market is an exciting place, and it is becoming more popular by the day. According to the National Stock Exchange, there are more than 1.2 crore active investors in the stock market.
Many new learners want to study the stock markets and become traders and investors. However, there is no college degree that teaches you how to invest or trade in the stock markets. Investing and trading are large subjects.
That’s why people need an excellent way to start learning. In this guide, we’ll take you through how to start learning about the stock market along with suggesting 10 books by Indian authors that you can read to begin your journey.
There are several ways to begin learning about the stock market, and the best way depends on the learner. If you learn best by listening, then you can start by following a few podcasts. If you learn best by watching, then you can use YouTube to start learning. If you’re a reader, then starting with a few books can be the best way.
Other common ways in which people keep their pulse on the stock market is by following financial news, or joining investment-related clubs and groups (online or offline), taking a few courses, and so on.
How to begin learning about the stock market?
Yes, books can be an excellent resource for learning about the stock market. Books can provide a more comprehensive understanding of the stock market and investing compared to shorter articles or online resources. Many books are written by experienced investors and financial experts who can provide valuable insights and advice.
Books can provide historical context and perspective on market trends and cycles, helping investors make informed decisions. Books allow you to learn at your own pace and can be a valuable reference to return to over time. Books can be a cost-effective way to learn about the stock market compared to expensive courses or seminars.
Here are some of the best stock market books that beginners can read.
10 best indian stock market books for beginners
| Book Name | Author |
|---|---|
|
Stock to Riches |
Parag Parikh |
|
Guide to Indian Stock Market |
Jitendra Gala |
|
How to Avoid Loss and Earn Consistently in the Stock Market |
Prasanji Paul |
|
Fundamental analysis for investors |
Raghu Palat |
|
The Dhandho investor - The Low-Risk Value Method to High Returns |
Mohnish Pabrai |
|
Coffee Can Investing |
Saurabh Mugharjia |
|
Bulls, Bears and Other Beasts |
Santosh Nair |
|
Value Investing and Behavioural Finance |
Parag Parikh |
|
How To Make Money In Intraday Trading |
Ashwani Gujral & Rachana A. Vaidya |
|
I Will Teach You To Be Rich |
Ramit Sethi
|
Stock to Riches - Parag Parikh
This book is a go-to guide on investor behaviour and the psychology behind investing. Parag Parikh is a prolific author, investor, and entrepreneur. The book is available in select bookstores as well as on Amazon and Flipkart. You can expect to pay around Rs. 390 for the book.
Guide to Indian Stock Market - Jitendra Gala
This book will provide the basics on how to choose your investments in the stock market. Jitendra Gala has been teaching about trading and investing for several years and has been active in the stock market for a couple of decades. This book can be bought through Amazon or Flipkart and the price is approximately Rs. 232.
How to Avoid Loss and Earn Consistently in the Stock Market - Prasanji Paul
Prasanji Paul’s book is a masterclass on how to fundamentally analyse stocks for long-term investing. The book’s author is a SEBI-registered investment analyst, investor, and public speaker. The book is available as an e-book and paperback on both Flipkart and Amazon at approximately Rs. 400.
Fundamental analysis for investors - Raghu Palat
As the title suggests, this book is all about fundamental analysis with an eye on short-term to long-term investing. Raghu Palat is a banker who has written more than 45 books, to date. The book is available as both e-book and paperback on Amazon and Flipkart. The paperback is available at around Rs. 315.
The Dhandho investor - The Low-Risk Value Method to High Returns by Mohnish Pabrai
This book teaches you about a specific investing strategy – value investing. Mohnish Pabrai is the managing partner of Pabrai Investment Funds. The book is available as a hardcover or e-book. The hardcover costs around Rs. 700.
Coffee Can Investing - Saurabh Mugharjia
Coffee Can Investing is about Coffee Can investing, which is a specific method of investing that has become quite popular in the investing world. Saurabh Mugharija is the founder and managing partner of Ambit Capital which is one of the largest wealth management firms in India. This book can be bought on Flipkart or Amazon for Rs. 328.
Bulls, Bears and Other Beasts by Santosh Nair
This book will not directly teach you about investing, instead, its focus is on the history of the financial markets of India. Santosh Nair is a journalist and the current editor of Moneycontrol.com. The book can be purchased through Amazon or Flipkart for Rs. 360. It may also be available at a bookstore near you.
Value Investing and Behavioural Finance by Parag Parikh
The book is about how to use behavioural finance studies to your advantage when value investing. Parag Parikh has written several books on investing and is an entrepreneur and investor. The book is available on Flipkart and Amazon for Rs. 770.
How To Make Money In Intraday Trading by Ashwani Gujral & Rachana A. Vaidya
Intraday trading has been explained in this book in a clear way. The authors have been active investors for decades and have made a name for themselves. The book costs Rs. 790 (for the paperback) and is available on both Amazon and Flipkart.
I Will Teach You To Be Rich by Ramit Sethi
This book is not just about investing or trading, but about personal finance as a whole. Ramit Sethi is a prolific writer and influencer who has been featured in leading publications. The book is available as a paperback for Rs. 450 on Amazon.
Need A More Fun Way To Learn About The Stock Market?
Books are necessary, but sometimes you need to blow off steam and need a more interactive and engaging way to learn. That’s where TradingLeagues comes in with its fantasy stock market games. We offer a variety of games on our app through which you can learn and also have a blast while competing with others. Just some of the options include participating in Battle Leagues, Classic Leagues, Selection Leagues, and Target Leagues.
Wrapping Up
Learning about the stock market can seem daunting, but it is worth it. Thanks to apps like TradingLeagues, there has never been a better time to learn about the financial markets. We wish you the best on your journey.
