What is Trading ?
Trading refers to the process of buying and selling stocks, currencies, funds, and shares to generate profits from market value fluctuations. In India, trading is a popular and active practice among people. Those engaged in trading or looking to enter it should possess a solid understanding of asset management, market trends, asset planning, and various strategies, along with strong skills in risk management.
Trading in India
India hosts 23 stock exchanges, with trading primarily conducted through two major ones: the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The BSE, founded in 1875, is the older of the two, while the NSE was established in 1992. The NSE has 2,266 companies listed, whereas the BSE lists 5,315 companies. In essence, the NSE handles a larger volume of trades, while the BSE holds historical significance. The remaining 21 exchanges are regional stock exchanges (RSEs).
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Top 10 Traders In India 2024:-
Given below Traders are arranged according to their wealth and what they are known for:-
| Rank | Trader Name | Notable Achievements |
| 1 | Premji and Associates | Pioneering investments in IT and extensive philanthropic efforts. |
| 2 | Radhakrishnan Damani | Creating one of India’s top retail chains, D-Mart. |
| 3 | Rakesh Jhunjhunwala | Significant investments in Titan Company and Lupin, yielding impressive returns. |
| 4 | Raamdeo Agrawal | Co-author of the acclaimed ‘Wealth Creation Study’ series. |
| 5 | Mukul Agrawal | Outstanding investments in pharmaceuticals and technology sectors. |
| 6 | Sunil Singhania | Successful global investments with a strong emphasis on ESG (Environmental, Social, and Governance) criteria. |
| 7 | Ashish Dhawan | Leading investments in Indian private equity and major contributions to education reform. |
| 8 | Ashish Kacholia | Renowned for his subtle yet highly successful investment strategy in emerging companies. |
| 9 | Vijay Kedia | Transforming lesser-known firms into significant market players through his investments. |
| 10 | Ramesh Damani | Recognized for early investments in numerous blue-chip companies. |
1. Premji and Associates
Azim Premji, a prominent figure in Indian business, epitomizes leadership in the investment sector. As one of the wealthiest individuals in India, Premji was born in Bombay in 1945 and founded a notable investment brand. His investments span diverse fields, including healthcare and education, as well as prominent companies like Wipro and JK Lakshmi Cements.
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2. Radhakrishnan Damani
We’ve all heard of Dmart, the name synonymous with transforming traditional retail. He’s the visionary behind Dmart, where you can find everything you need under one roof. He held approximately 65% of the business shares in Dmart.
3. Rakesh Jhunjhunwala
Rakesh Jhunjhunwala is a prominent figure in India’s trading scene, renowned for his bold risk-taking and fervent enthusiasm in the stock market. Often referred to as the “Big Bull” of the Indian stock market, he is celebrated for his exceptional skill in predicting market trends. His notable investments include Star Health, Titan Company, and Tata Motors.
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4. Ramdeo Agrawal
Hailing from a village in Chhattisgarh, Ramdeo Agrawal is distinguished for his strategic and methodical approach to the Indian stock market. As a co-founder of Motilal Oswal Financial Services, his expertise in trading and investing is well-regarded.
5. Mukul Agrawal
With a net worth of approximately ₹5,470 crore, Mukul Agrawal ranks among the top traders in the Indian stock market. He holds 79 stocks, 58 of which are actively managed. Known for his mastery in investment strategy and risk analysis, he is adept in both aggressive and high-risk investments.
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6. Sunil Singhania
Sunil Singhania served as the President of the CFA Society India for eight years and graduated from the Commerce College of Bombay University. With a net worth of ₹2,894 crore, he significantly grew Reliance Mutual Fund under his leadership, enhancing its value 100-fold over 22 years.
7. Ashish Dhawan
Ashish Dhawan, with a net worth of ₹3,431 crore, is an Indian philanthropist and co-founder of Chrysalis Capital. His strong passion for education and social impact drives his long-term vision to create a meaningful difference in the sectors he invests in.
8. Ashish Kacholia
As a co-founder of Hungama Digital, Ashish Kacholia boasts a net worth of ₹3,080 crore and stands out as a leading investor in India. His focus on business-centered investments is supported by thorough research and deep knowledge of the companies he backs.
9. Vijay Kedia
Based in Kolkata, Vijay Kedia has been actively involved in the Indian stock market for 19 years and runs Kedia Securities Pvt. Ltd. A commerce graduate from the University of Calcutta, he is known for his diversified, long-term investment strategies, which are grounded in solid principles and investment expertise.
10. Ramesh Damani
Ramesh Damani is a well-known veteran broker at the Bombay Stock Exchange (BSE) and a prominent investor in India. He is the managing director of Damani Finance Pvt. Ltd. and the chairman of D-Mart, one of India’s leading supermarket chains known for its discounted daily essentials.