Sales of self help finance books on the rise

With the sensex gaining new heights on a daily basis, the interest of the common man in the share market is growing equally. The rising sales in books on investing in the share market in the city is an evidence of the same. Book sellers are of the view that the last two months have seen a fast-paced growth in the sales of such books.

Jujar Ali of Readers' Paradise said the books on the basic principles of investment are in much demand.

There is a great demand in books by S S Greval & Navjot Greval's "Profitable Investment in shares", Aurther Crifets' "The Basics of Investing" and among Indian authors, Parag Parikh's "Stock to riches - based on Investors' behaviour".

"Investment related books contribute to about 3 per cent of our sales," said Sarvesh Shendke of Book Cafe. He added that besides students related to finance, common people also like to go through such books. The demand for these investment books has been rising for the last two months, he said.

S K Tibrewala, an investment consultant said that he learnt as well as cleared the doubts related to the investments from the book, "The Warren Buffet Way". He added that the knowledge gained through the books helps him advise the investors in a proper way.

Besides attaining knowledge from the investment books, from time to time, the share traders attend the investors' camps held at Indore and Bhopal. In one of the camps, experts made a presentation on "How to earn from share market" and such other subjects.

Ramesh Chandra Agrawal, chairman, Bhaskar Group had urged the prospective investors to use information, knowledge and their analysing power before putting their money into the share market. He inaugurated the investors' camp at Bhopal recently.

"Only a rapidly growing capital market will help a nation grow," said Agrawal adding that the Indian stock market has now matured and is turning into a sustainable market.