Top Traders in India

01 March 2023
6 min read

India is a land of chance, and its stock market is among the most popular ones in the world. The stock market has enormous potential for wealth growth if you play your cards right. However, stock trading is quite risky, and only a few renowned traders can make consistent profits from it.

So, who are these renowned traders? And what exactly are their secrets? Let's find out.

Based on their track record and profitability, the following are the top ten brokers in India. Let us study what distinguishes them from the competition and attempt to formulate some ideas that could help you become a better trader.

Top 10 Traders in India

Following are some of the top stock traders in India the world talks about-

Position

Top Traders in India   

1

Premji and Associates       

2

Radhakrishnan Damani       

3

Rakesh Jhunjhunwala

4

Raamdeo Agrawal

5

Mukul Agrawal

6

Sunil Singhania

7

Ashish Dhawan

8

Ashish Kacholia

9

Vijay Kedia

10

Ramesh Damani

  • Aziz Hashim Premji – Premji and Associates

Aziz Premji is the chairman of Wipro Ltd. and a well-known businessman. Informally, he is regarded as the Czar of the Indian IT Industry. He was born in the city of Bombay in 1945.

He is a philanthropist and one of India's wealthiest citizens. For the aim of investing, he established Premji & Associates. He owns most of Wipro, Tube Investments, JK Lakshmi Cements, and other companies.

  • Radhakrishnan Damani

Radhakrishnan, born in 1954 in Mumbai, was a businessman and the founder of Dmart before becoming a full-time multibillionaire investor. Bright stars investments limited is his own investing company.

Bloomberg Billionaire Index named him #98 richest person in the world on August 19, 2021. He profited from short-selling equities Harshad Mehta had illegally inflated in the 1990s.

  • Rakesh Jhunjhunwala

Rakesh Jhunjhunwala was known as "India's Warren Buffet" and "The Big Bull". He was a well-known and helpful stock market expert in India. Rakesh, the son of a salaried officer, entered the stock market after graduating as a contractual bookkeeper. After that, he was a stock trader.

He amassed over Rs 15,000 crore in assets from a small investment of Rs 5,000. "Rare Enterprises" offers the resources used by Mr. Jhunjhunwala. It was given that name because it combined his significant other's character and initials. Unfortunately, he passed on 14 August 2022. He was called one of the top stock market traders in India.

  • Raamdeo Agrawal

Raamdeo Agrawal, an Indian securities and exchanges finance expert, is well-established in the industry. He mainly believes in the Motilal Oswal Group. In 1995, he invested in Hero Honda, a well-known Indian company with a market capitalization of only INR 1000 crores.

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. Today, HERO now has a market capitalization of over 73,000 crores.

  • Mukul Agrawal

Mukul Agrawal is the founder and CEO of Agrawal Corporate. He is well-known for being a skilled investor and among India's top stock traders. He has been involved in stock market investment since 2003.

He is a risk-taking investor who invests in penny stocks. Agarwal Industries, Apollo Pipes, Birlasoft, and GM Breweries are among his main ventures.

  • Sunil Singhania

Sunil Singhania is another well-known name on the list of top traders in India. He holds a particular place in the hearts of stock investors and traders in the industry as the CIO of Reliance Mutual Fund.

He has a strong preference for diversification. Jindal Stainless Ltd., Route Mobile Ltd., Polyplex Corporation Ltd., Mastek Ltd., Acrysil Ltd, Saregrama India Ltd., Paras Defence, and Space Technologies Ltd., among others, are among his holdings. His portfolio increased by roughly 260% over the previous year in growth. His portfolio has grown by 11004.55% in just five years.

  • Ashish Dhawan

Ashish Dhawan is an Indian investor specializing in private equity and co-founded Chrysalis Capital, one of the country's premier private equity funds. He was born in New Delhi in 1969 and is roughly 53 years old.

Dhawan invested in the Risk Arbitrage Group of New York's blue-chip investment bank Goldman Sachs throughout the mid-1990s. His net worth is estimated to be $500 million.

  • Ashish Kacholia

Ashish Kacholia, "The Big Whale" of the stock market, is the director of Hungama Digital Media Entertainment Private Limited. Rakesh Jhunjhunwala co-founded Hungama Digital.

He has invested in Acrysil ltd, ADF foods, Apollo pipes, Birlasoft Ltd, NIIT ltd, Apollo Tricoat, Aurum Proptech, Mold Tek packaging ltd, Paushak ltd, and other companies. Due to his diverse portfolio, he is one of the top 10 intraday traders in India.

  • Vijay Kedia

Mr. Vijay Kedia is a financial expert from India who makes simple yet efficient investments. He grew up in a stockbroker household and has had a lifelong interest in the financial industry. 

He began trading stocks on the stock exchange for the first time when he was only 19 years old. He gained a lot of money in his early trading years but later had to deal with massive losses.

He subsequently ventured out alone, but he was a dismal failure. Finally, after around ten years of trading, he realized he had nothing to show for his efforts and switched his focus to investing. Mr. Kedia learned that he could contribute independently because learning about Investing was possible.

  • Ramesh Damani

Ramesh Damani, one of India's top stock market financial professionals, began his wealth-building career in the 1990s when the Sensex was around 600. He is currently involved with Ramesh Damani Finance Pvt Ltd.

Ramesh Damani, the son of a famous stock market analyst and investor, joined the Bombay Stock Exchange (BSE) in 1989. Ramesh had hoped to become a stockbroker. Nonetheless, he became a long-term speculator when he began to enjoy picking winning companies.

Conclusion

These are some of the top stock market traders in the Indian stock market. All of these people have won accolades for their diverse investment tactics.

Analyzing the portfolios of these investors will provide you with a plethora of information on choosing the most suitable stock to invest in.

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Disclaimer: This blog is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here
Research Analyst - Himanshu Sinha

Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
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