Top 10 Best Traders in India in 2023

richest option trader in india

Coming from a tech background in the US, he understood well that the investment would be huge. So when Infosys became public in 1993, he immediately invested Rs. 10 lakhs in it. Six years later, the investment has given him returns of more than 100 times. The next success story comes from a single mother of two daughters, Tasneem Mithaiwala.

richest option trader in india

They tended to choose saving options like bank deposits and small savings instruments, which offered stable and low-risk gains. Ans- Warren Buffett has long shown his ability to read Wall Street like a book. Forbes estimates his net worth as $125 billion, making him one of the world’s wealthiest people. Warren Buffett made some beginner mistakes despite his financial expertise like other traders in India.

richest option trader in india

There are two main types of strategy that he uses, namely short-term trades and investments. He does not leverage much and normally only has three positions open to hold the trade a little longer. In contrast to Kirubakaran, Naresh Nambisan is more of an old-school trader because he prefers to use manual effort rather than automatic trading. Naresh is a dedicated trader who loves charts, which he could stare at for hours without getting bored. He started his trading journey when he was still working in the Gulf. He worked there for six years before finally returning to India, only to find that getting a job in the country was far from easy.

For that reason, these kinds of clients are granted access to more favorable rates but afforded lesser regulatory protections than retail clients. He started his trading journey in ball-bearing with no intention of entering the stock market. Looking back at his failures, Abhinand decided to move from trading stocks to options.

  1. He regularly made appearances as a motivational speaker and TedX speaker.
  2. His stock selection strategy seems to be smart and executed considering long-term time horizon.
  3. Passionate in contemporary global financial issues, I’m currently active in researching topics on forex, trading strategies, and cryptocurrency.
  4. He is followed by none other than Rakesh Jhunjhunwala whose portfolio has a total of 39 stocks.

Popular in Markets

Despite having such a diversified portfolio, his returns are remarkable. He has a total of 34 stocks in his portfolio and his major sector is manufacturing. Popularly known as the “Big Whale of Stock Market”, Ashish has a total of 27 stocks in his portfolio.

His major investment sectors are finance, manufacturing, automobile, and others. The worth of its stocks stands at Rs. 203, 244.3 crores with a holding of nearly 65% of the business shares. His simple but selective investment strategy is something that deserves true appreciation. If you are looking to invest in technology stocks, you may choose to follow his investment style and see how it works. The short-term portfolio growth refers to the increment in the evaluation of an investor’s portfolio. Raamdeo Agrawal stuck onto his Rs 10 lakh investment in the bike maker’s shares at Rs 30 a share for 20 years until the share price skyrocketed to Rs 2,600 per share.

Ans- Mohnish Pabrai, a world-renowned NRI value investor, and the author, gets his investment ideas from Warren Buffett and Charlie Munger. He is new trading king in India and has a net worth of Rs. 1,174 crores, all of which he has put into three stocks. Here the investment style includes elements like risk exposure, defensive strategy, diversification regardless of the investment channels like large cap, small cap, mid cap and others. Going by this approach, Mr. Damani tops the chart with a total experience of 50 years. He is followed by Rakesh Jhunjhunwala who has 36 years of stock investment expertise.

It is one of the largest private sector banks in India, offering a wide range of financial services including personal and corporate banking, loans, insurance, and investment management. The stock is widely traded on both the BSE and NSE and is a popular choice for options trading due to its high liquidity and consistent performance. HDFC has a strong track record of growth and profitability, with a market capitalisation of over $110 billion as of September 2021. The bank is known for its efficient operations and customer-centric approach, which helped it maintain a strong market position in India’s competitive banking industry. As the largest public sector bank in India, offering a range of financial services including personal and corporate banking, loans, insurance, and investment management. The stock is widely traded on both the BSE and NSE and is a popular choice for options trading due to its high liquidity and volatility.

This condition is very suitable for traders with limited funds and a desire to get more opportunities to gain maximum profit. These days, he manages his privately owned asset management firm “RARE Enterprises”. Looking at his journey, he essentially has an excellent Risk and Reward ability.

Top Traders in India – List of Successful Stock Market Investors 2024

He recommends testing the indicators yourself, seeing how it works, and correcting them before moving on to the next one. But above all, he believes that it’s best to use your unique strategies rather than blindly following tips from others. Ans- Mr. White and White, Radhakrishnan Damani, rise to be one of the biggest trader has been extraordinary. He began his career as a ball-bearing salesman rather than a stock trader. He could be an excellent guide for those who prefer to invest in construction, retail, and cement stocks. With respect to growth, his portfolio grew by 81.07% over the last one year where there was an overall increase of 651.38% in the last five-year period.

Who is the trading king in India?

India’s top traders are a testament to the power of hard work, dedication, and a deep understanding of the markets. Whether you are an aspiring trader or among the top 10 traders in India, there is much to learn. Another reputed name in the list of best traders in India is Sunil Singhania who has a portfolio worth Rs. 2,248 crores.

PrimeTrading

Traders can earn extra income by joining the affiliate program offered by Markets. Clients who join this program will get some advantages, such as 60% of Net Spreads based on the volume traded by sub-clients, up to $15 per a lot of net revenue, and many more. More information about HF Markets can be obtained on their official website which is supported in 27 languages. Apart from that, choosing the right broker can be detrimental so one needs to pick it carefully.

What are the Best Books to Learn Options Trading?

He amassed over Rs 15,000 crore in assets from a small investment of Rs 5,000. It was given that name because it combined his significant other’s character and initials.

To be successful, he suggests not only considering the potential profit from a strategy but also the potential loss. Abhinand is a great example of share traders who start, fail, learn, and improve with every trade. At the age of 19, he began his trading journey by borrowing money from his father to open a Demat account. Like most retail traders at that time, he started off with richest option trader in india frontline stocks such as Reliance Industries and HDFC. But without a proper strategy, he often found himself getting many losses. However, he didn’t give up easily and kept going until he succeeded.

The stock is widely traded on both the BSE and NSE, and is a popular choice for options trading due to its high liquidity and volatility. Infosys has a strong track record of growth and profitability, with a market capitalisation of over $100 billion as of September 2021. The company has a global presence, serving clients in over 50 countries, and is known for its innovation and technological expertise. RIL has a strong track record of growth and profitability, with a market capitalisation of over $180 billion as of September 2021. As one of the most widely followed stocks in India, RIL is often seen as a bellwether for the Indian economy and a key indicator of market sentiment.

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