Reading is the most important habit of the world‘s most successful stock investors.
And if you also want to become a successful stock investor, you must read the books written by the most successful investors.
But in our busy lives, we do not have a lot of time that we can use to read hundreds of books. That is why I have collected the 9 best books on the Indian stock market.
I will also share 11 international writers books that will make you an extraordinarily successful investor.
So without wasting any time, let’s learn about these amazing books.
9 Best Books On Indian Stock Market
So here are the nine best stock market books written by Indian authors.
Stocks to Riches by Parag Parikh
This is one of my favourite stock market books written by Parag Parikh. If you are a beginner in the stock market and don’t know too much about the stock market, I highly suggest you read this book first.
Parag Parikh was a very successful value investor and the founder of the PPFAS mutual fund.
In the book, Mr. Parag Parikh writes about investing basics, behavioural finance, and trader and investor psychology.
My favourite thing about this book is that Mr. Parag has used a very simple language with lots of examples, which makes this book easier to read and learn.
This book must be in your library.
The Dhandho Investor
Dhandho Investor has been written by Mohnish Pabrai, about whom I first read in the Richer, Wiser, Happier book. When I read him in this book, I liked being an Indian, and only then did I read his book.
In The Dhandho Investor book, you are taught how you can invest in a valuable company whose value has fallen by more than 50% due to false news or any other reason. If you invest in such a company, you will get very good returns in the long run.
Mohnish Pabrai is a US-based fund manager who has given an annual return of more than 30% by following these strategies.
In this book, value investing has been explained with many examples, and the author also says that you should invest in a company where your loss is very small and your profit is very large.
If you want to know about long-term investing and value investing, then you must read this book.
Romancing the Balance Sheet by Anil Lamba
Romancing the Balance Sheet is the second book on this list. This book teaches us the basics of the balance sheet, including how to read a balance sheet and how to make a balance sheet. If you are an investor or business owner, you need to read this book.
This book was written by author Dr. Anil Lamba, who is also a chartered accountant. Dr. Anil Lamba has degrees in commerce, law, and a doctorate in taxation.
Romancing the Balance Sheet is also available in Hindi and some other reasonable languages, so if you do not know English, you can start your reading journey with this book.
Let’s Talk Money
I have been reading books about personal finance and investing for almost 4 years, and I read this book only three months ago. I can say that I got a lot to learn from this book. This book is very short, which means you can finish it very easily in 2 to 3 sittings.
Let’s Talk Money teaches us about almost every big and small topic of finance, such as insurance policies, equity products, mutual funds, investment options, fixed income products, emergency funds, life insurance, retirement, and many more.
This book has been written by Monika Halan, who is part of the leadership team at Mint and also a consulting editor.
If you are a student, then I highly suggest this book to you, and you must read it.
Value Investing and Behavioural Finance
Another book on this list comes from Parag Parikh. In this book, as the title suggests, Mr. Parag Parikh talks about value investing and behavioural finance.
This book shows us that “when others are greedy, be fearful, and when others are fearful, be greedy”.
The two expressions of the investor in the stock market, fear and greed, make the market volatile, and the investor who can control both of these expressions becomes a successful investor.
If you want to become a long-term investor, then you must read this book.
How to Avoid Losses and Earn Consistently in the Stock Market:
This book is written by the author, Prasenjit Paul, and it shows the basics to advanced strategies to get great returns in the Indian stock market consistently.
This book also shows us how to save ourselves from everyday stock market scams.
If you are starting your investing journey, then this book is a must for you. You will learn how to select fundamentally strong stocks and how to construct your equity portfolio.
And the most difficult skill of the stock market is knowing when to buy and when to sell the stock, which this book also discusses.
Mr. Prasenjit Poul has used a very simple language with lots of examples, which makes this book very interesting to read.
Coffee Can Investing
The Coffee Can Investing book is written by Mukherjea, Rakshit Ranjan, and Pranab Uniyal.
Coffee can investing means to invest once in a stock and hold it for a long time, or to forget about investing once in a stock.
This book tells us how, by investing in quality stocks, we can earn very good returns in the long run with low risk. This book will explain this to you with many good examples and charts that will fit very well in your mind.
You can buy this book from the link given below.
Diamonds in the Dust
Today, many new people are stepping into the Indian stock market and starting their investing journey. But many of these people do not know how much the Indian stock market is polarised.
There are more than 6000 companies listed in India, but only 10 of them have generated 90% profit. There are many such companies that describe themselves as very good by using different methods so that the investor invests more in their company.
In this book, we get to learn how to invest in a very clean, well-managed Indian company and simultaneously sell products whose entry barrier is so high that many players do not make them.
By using this approach, you will get the benefit of many good companies and get a good return in the long term.
You must definitely read this book.
Bulls, Bears, and Other Beasts
Those who don’t know history are destined to repeat it. — Edmund Burke
History is a very interesting subject, with the help of which you can understand any skill very deeply, and if you want to know about the history of the Indian stock market, then you must read this book.
Bulls, Bears, and Other Beasts is written by Santosh Nair, who has been a journalist in the financial market for the last two decades.
In this book, the author shows us the history of the Indian stock market after liberalisation through Lalchand Gupta. Many events, like ups and downs, money laundering, and scams in the stock market, have been described.
Even if you do not like to read non-fiction books, you will still be able to read this book very easily, and you will also enjoy reading this book a lot.
The Best English Books on Investing
Now that you know about the best books on the Indian stock market, if you want to know about some of the best international investing and stock market books, you can check out the list given below.
I can assure you that you will love these books and learn a lot about investing and the stock market.
- Rich Dad Poor Dad
- Psychology of Money—Best Books on the Indian Stock Market:
- Learn to Earn
- One Up on Wall Street
- The intelligent investor
- Common Stocks and Uncommon Profits
- Security Analysis by Benjamin Graham
- The little book that beats the market
- The Little Book of Common Sense Investing by John C. Bogle
- You can be a stock market genius.
- Trade like a stock market wizard
- Beating the Street
Conclusion
So these were all the books by which you too can become a stock market genius.
Now it is your turn to order all these books and start reading them one by one.
How did you like this article? Tell us in the comments, and if you have any favourite books about the stock market, you can tell us about them.
Happy reading and investing!
