The stock market is a sea of shares where investors dive to buy and sell stocks of different companies. For many new traders, the stock market is a hope to generate money. Over the years many traders have established themselves and achieved remarkable success through trading. For aspiring traders, these traders have become role models. Their philosophies, strategies, and skills to manage the risk of the market are inspiring for upcoming traders. These traders have not only gained sustainable wealth but also have contributed to the growth of the Indian economy. In this article, we will get to know about India’s top stock market traders including Premji and Associates, Radhakrishnan Damani, Rakesh Jhunjhunwala, Ashish Dhawan, and Sunil Singhania.
Top Stock Market Traders in India
1. Prem Ji and Associates by Azim Hashim Premji
Azim Hashim Premji is a renowned businessman and chairperson of Wipro Limited. He is a philanthropist and is often known as the Czar of the Indian IT industry. Prem ji was born in 1945 in Bombay. Azeem Hasim Premji is one of the wealthiest persons in India who has established Premji and Associates as an investment company. He has significant stocks in various companies including Wipro, Tube Investments, and JK Lakshmi Cements.
Prem ji has maximum shares in Wipro and is one of the best traders in India. The net worth of Premji and associates is more than Rs 253,000 crores. The strong stock portfolio of Azim Hashim Premji is made up of 4 companies and Wipro is among them with an investment of 256701 crores. Other companies are Trend Ltd 561 crores, Tube Investments of India 467.5 crores, and Craftsman Automation Ltd 49.2 crore. Azim’s simple but selective investment strategy makes him different from the other stock investors.
Also read : World’s Most Famous Traders of All Time: Successes & Failures
2. Radhakrishnan Damani – Mr white and white
One of the top traders of the Indian stock market is Radhakrishnan Damani. His journey in the stock market started in 1990. In 1993 he invested 10 lakhs in Infosys which was his first notable investment and in 1999 it gave him a return of more than a hundred times. His other stock holdings are Godrej Industries Goldiam International, Panama Petrochem, and more. His stock portfolio includes Avenue Supermarts Limited, and his stocks are worth Rs 203,244 crores. VST Industries Ltd is his next big investment with 32.3% holding worth Rs 1,553.2 crores. Radhakrishna Damani has made investments in 14 companies. He always uses white colour clothes so he got the name Mr white and white.
3. Rakesh Jhunjhunwala –The king of the Indian stock market
The king of the Indian stock market was also known as Warren Buffett and the Big Bull of India. After completing a chartered accountant degree Rakesh Jhunjhunwala started his career in the stock market. His father was an income tax officer. His first investment was 5000 and now he has become the king of the Indian stock market. Rakesh Jhunjhunwala is an inspiration for the one who wants to try his hand in the stock market. The total worth of Rakesh Jhunjhunwala is 23,000 crores, his simple personality and love for the stock market made him the big bull of India. He was very popular among brokers, traders, politicians, investors, and among the top financial personalities of the country.
Rakesh Jhunjhunwala had a strong stock portfolio of 39 stocks. His major stock holdings are in Titan Company Ltd worth Rs 10,131.1 crores. Tata Motors was his next big holding worth Rs 1,805.9 crores. Some other leading companies in which Rakesh Jhunjhunwala owns stocks are Fortis Healthcare Ltd, SAIL, Escorts Ltd, Crisil Ltd, and many more. From 2000 September 2016 to September 2021 there was a remarkable growth in the portfolio of Rakesh Jhunjhunwala which is 137.41%. In the last year, there was a short-term growth in Rakesh Jhunjhunwala’s portfolio which is 86.78%. The big bull was famous for his remarkable pattern and styles, the way he used to make investments in the stock market.
4. Ashish Dhawan – CEO of Central Square Foundation
Ashish Dhawan is one of the popular Indian stock market players. Ashish is a stock investor, Philanthropist, and entrepreneur. The present portfolio of Ashish is worth Rs 1,971 crores with 16 stocks. Ashish made the foundation of Ashoka University. Some companies in which Ashish holds shares are Glenmark Pharmaceuticals Ltd worth Rs 259.5 crores, Equitas Holding Ltd, IDFC Ltd, and Birlasoft Ltd. The portfolio of Ashish got a boom to 651.38% in the last 5 years, however, last year his portfolio has grown to 81.07%. The investment tips and strategy of Ashish Dhawan can be very helpful for aspiring traders.
5. Sunil Singhania – the heart of stock investors and traders
The list of best stock traders in India will remain incomplete without the name of Sunil Singhania, who is the CEO of Reliance Mutual Fund. Because of his strategies and tactics in the stock market, Sunil Singhania is ruling in the hearts of stock investors and traders; his current portfolio is Rs 2,248. There are a total of 26 stocks present in their portfolio of Sunil, some of the major companies in which Sunil owns stocks are Jindal Stainless Steel Ltd, Mastek Ltd, Space Technology Ltd, Saregama India Ltd, Route Mobile Ltd, Polyplex Corporation Ltd, Acrysil Ltd, and Paras Defence. In just 5 years the portfolio of Sunil Singhania made a major growth of 11004.55%, last year his portfolio made a growth of 260%.
Also read : What is an IPO in Share Market? A Guide to Investing in Initial Public Offerings
Conclusion
These are the top stock market traders of India and are role models for many aspiring traders. Although there are many traders in India, everyone has their unique strategy and techniques. The unique way of trading is admired by their loved ones. Their dedication, hard work, and deep understanding of the market made them the top stock market traders in India.