Books On Indian Stock Market For Beginners

7 Best Books On Indian Stock Market For Beginners

There is no shortage of Indian stock market books. What’s more important is reading the best book for Indian stock market that can simplify the concepts. Sure, stock market investing is complex.  It is why the best book for trading in India you pick must simplify the financial jargon so that stock investing doesn’t sound perplexing.

Here is the list of the 7 best books on the Indian stock market. The list is nowhere exhaustive, but we handpicked them after assessing various criteria, including complimentary copy reviews and customer feedback.

1. The Autobiography of a Stock, by Manoj Arora

The Autobiography of a Stock is a conversation with a stock. The stock narrates its story and functioning such that even a child can comprehend.

It is no surprise that most of us might have wished at some point that someone explained how stocks work and revealed the secrets behind right investing.

The book details every aspect of the stock market from scratch with relevant real-time examples, formulae, tables, and calculations.

Financial jargon can sound scary to many. The Autobiography of a Stock simplifies the concepts without much technical jargon. 

It teaches you everything about the intricate art of choosing stocks, along with walking you through the secrets of selling them at profits. 

Plus, every chapter teaches you investing lessons you’d love to bookmark and revisit.

Though the author says it is a common’s guide to stock investing, the book is a not miss for both seasoned and novice investors alike.

This is one of the best trading books India. If you have been waiting for guidance that decodes stock market investing secrets, this book is the place to start.

Expert Review: 

One of the rare books which is a perfect sync of facts and fiction…

Nishant Maitre, CEO & Cofounder, Tappet Box

2. Fundamental Analysis for Investors: How to Make Consistent, Long-term Profits in the Stock Market, by Raghu Palat

This is a popular one from among the books on share market India as it covers in-depth value investing concerning the Indian stock market. If you are looking for a dedicated book on Indian share market, you must not ignore this one. 

It focuses on Fundamental analysis, a core skill for fruitful investments.  It guides you in making decisions by judging the company’s management and its products. The author provided illustrations and examples that further simplify the concepts.

Expert Review: 

“The book really gives in depth knowledge for value investing with respect to the India stock market.”

A Guide to Indian Stock Market, by Jitendra Gala

This is yet another Indian stock market book for beginners. Ranging from savings, investments to technical analysis of stocks and investing, the author explains every concept sequentially to put the reader at ease. 

This book also covers the advantages, disadvantages and salient features of various investment options available. 

Another reason why we added this book to the list of best Indian stock market books is to cover the dos and don’ts of investing comprehensively.

Expert Review: 

“Basic of stock market and includes some basic technical indicators….only…it’s good for beginners…..”

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3. Coffee Can Investing: The Low-Risk Road to Stupendous Wealth, by Saurabh Mukherjea

If you belong to the category of individuals who’d love to explore investing beyond conventional methods, Coffee Can Investing guides you the right way. It clarifies why individuals must look beyond traditional investment approaches, including gold and other methods. 

The concepts are simplified for beginner level, which makes this another good pick among the best trading books India for beginners.

Expert Review: 

A must-read for India’s emerging huge numbers of middle and upper-middle income-earners.

Avinash K. Dixit, Princeton University

4. Everything You Wanted to Know About Stock Market Investing, by TV18 Broadcast Limited

If you already have a certain idea about stock markets and are looking for a guide that discusses risk mitigation measures like value averaging and market volatility, this book is for you.

Right from explaining how markets work to giving practical tips and illustrations, axioms, action points and test questions, this book is a comprehensive guide for understanding investing. 

You will also learn the nuances of investor macroeconomic aspects and the secrets of not falling victim to share market fluctuations.

Expert Review: 

Very easy and simple language in a very understandable way.

Amit Agarwal

5. Diamonds in the Dust: Consistent Compounding for Extraordinary Wealth Creation: Consistent Compounding for Extraordinary Wealth Creation, by Saurabh Mukherjea

Investing is a game of luck. Investors are prone to market risks and economic and political fluctuations. History has only a few countable companies that returned profits to their investors. 

Diamonds in the Dust is an excellent one from among stock market books India. It simplifies choosing such companies that will give you peace of mind on your investment. 

Expert Review: 

‘f you care about wealth creation in modern India, you should read this book

Harsh Mariwala, chairman, Marico Ltd.

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6. The Dhandho Investor: The Low-Risk Value Method to High Returns, by Mohnish Pabrai

Ever heard of Intelligent Investment? You will learn more about this from Mohnish’s book The Dhandho Investor. This book provides a framework that helps you to handpick lucrative investment options.  

One unique aspect that sets this book apart from other Indian stock market books is the comparison it makes between the Indian stock market and Western stock markets.

Expert Review: 

How to invest the way an Indian migrant with little money would do – by looking for companies with little downside…

Financial Times 

7. Stocks to Riches: Insights on Investor Behavior, by Parag Parikh

Investing is more of behavioral science. The author Parag Parikh approaches investing from this view. This book covers how our emotions can affect decision making and behavior. The book suits the audience knowing stocks as it talks mostly in jargon. 

Expert Review: 

“First book on stock market for the large investor, in a simple, easy-to-understand language, which imparts sound thinking on the behavior and philosophy of investing in stock market.” – Ravi Mohan, Managing Director & CEO, CRISIL Limited

Summary of Stock Market Books List

This is it – our curated list of the best trading books India. If you have any suggestions to make, please let us know. Also, if you wish to include any best book for trading in India, please inform us. We will update our list of Indian stock market books periodically and will be happy to include your suggestion too. Happy reading and happy investing!