The financial markets generate a lot of number on a per second basis. There are people who have made it a profession to convert this information into trends, buy-sell signals, charts and pivot tables. Over the last 18 years of financial journalism, I have realised that every number has a story to tell. And these numbers as a trend normally never lie. I am forever looking for these trends.
When Gautam Parikh joined an investment banking firm in 2010, he needed to find answers to questions about the security market that his clients threw at him. He wanted to tie up the legal aspect of the business to the practical ways of the security market. But he quickly realised that while the information was available, it was fragmented; there was no master reference book, or even comprehensive documentation available.
So, he decided to write the book himself. Handbook... seamlessly integrates law and economics by taking a holistic approach to its subject matter. He begins by explaining everything about the demutualisation of the stock market and the abolishment of the ‘badla’ trade, and subsequent chapters cover, among other things, P-notes and Indian depository receipts. His painstaking research gives portfolio managers, CFOs and students and lawyers a great single-window reference on a subject that could be tedious. A must-have for finance professionals.
Name: Handbook of Indian Securities
Author: Gautam H Parikh
Publisher: Bloomsbury Publishing India
Price: Rs 799