21 Best Books on Indian Stock Market [Must Read]

best books on indian stock market

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 most successful investors.

But in this busy life we do not have a lot of time that we can use to read hundreds of books. That is why I have collected 9 Best Books on 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 Know about these amazing books.

9 Best books on Indian Stock Market 

So here are the 9 Best Stock Market Books written By Indian authors.

Stocks To Riches By Parag Parikh 

This is one of the most favourite Stock market books written by Parag Parikh. If you are a beginner in stock market and don’t know too much about stock market I highly suggest you to read this book first.

Parag Parikh was a very successful Value Investor and founder of PPFAS mutual fund.

In the Book Mr Parag Parikh writes about Investing basics, Behavioural Finance, and Traders and Investor Psychology.

My favourite thing about this book is that Mr Parag has used a very simple language with lots of examples, that makes this books more easy to read the learn

This book must need to be in your Library.

The Dhandho Investor 

Dhandho Investor has been written by Mohnish pabrai, about whom I first read in Richer Wiser Happier book, when I read him in this book, I liked being an Indian and only then I read his book.

In The Dhandho Investor book, you are taught how you can invest in such 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 then you will get very good returns in the long run.

 Mohnish Pabrai is a US based fund manager who has given annual return of more than 30% by following these strategies.

In this book, value investing has been told with many examples and the author also told that you should invest in such a company in which if your loss is very less and profit is very much.

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 in this List. This book teaches us the basics of Balance Sheet, How to Read a Balance Sheet and How to Make a Balance Sheet. If you are a Investor and business owner, you need to read this Book. 

This book is written by author Dr. Anil Lamba who is also a chartered accountant. Dr Anil Lamba have the degrees in commerce and law, and doctorate in taxation

Romancing the Balance Sheet is also available in hindi and some other reasonable language 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 for only three months before and I can say that I got a lot to learn from this book. This book is very short which you can finish 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 in this list comes from Parag Parikh. In this book, as the name 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 make Fear and Greed volatile and the investor who can control both these expressions becomes a successful investor.

If you want to become a long term investor then you must read this book.

How to Avoid Loss and Earn Consistently in the Stock Market: 

This book is written by the author Prasenjit Paul and they shows the basics to advance strategies to get great returns in Indian stock market consistently.

This book also shows us how to save us from everyday stock market scams.

If you are starting your investing journey then this book is must for you. You will learn how to select fundamentally strong stock and how to construct your equity portfolio. 

And the most hard skill of stock market when to buy and when to sell the stock this book book also talks about it.

Mr, Prasenjit Poul has used a very simple language with lots of examples, that makes this book very interesting to read.

Coffee Can Investing

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 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 thing to you with many good examples and charts which fits 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 that how much is the Indian stock market polarized.

There are more than 6000 companies listed in India but only 10 companies out of them have generated 90% profit. There are many such companies which 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 company which is very clean, well-managed Indian companies and simultaneously sell such products whose entry barrier is very high so that many players do not make that product.

By using this approach, you will get the dust of many good company and you will get good return in 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 subject, with the help of which you can understand any skill very deeply and if you want to know about the history of Indian stock market then you must read this book.

Bulls, bears and other beasts book is written by Santosh Nair who is a Journalist in Financial Market for last two decades

In this book the author shows us the history of Indian stock market after liberalization through Lalchand Gupta. Many events like ups, downs, money laundering, scams of stock market have been told.

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.

Best English Books on Investing

Now after knowing about your Best Books on Indian Stock Market, if you want to know about some of the Best International Investing and Stock Market Books, then you can check the books given below.

I can assure you that you will love these books and you learn a lot about investing and stock market.

  • Rich Dad Poor Dad
  • Psychology of Money – Best Books on 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


So this was 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, do tell us in the comment and if you have any favorite book of stock market then you can share with us about it.

Happy reading and investing.

Ritik Namdev

Welcome to The Money Explain Blog. I founded this site to help make a difference in people's lives by delivering objective, reliable advice and recommendations that help them make more money, save more money, and invest wisely.​


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Ritik Namdev

Ritik Namdev



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