Wednesday, March 27, 2013

Harshad Mehta The Wizard Of Dalal Street

Who was Harshad Mehta - The oversize Bull?? Wanted 2 share abt HM, 1 of da most
controversial figures in da country.... From working as clerk to da Biggest
Wizard of Dalaal Street !!!!!

Harshad Mehta was famously called The Big Bull. It was his style of first purchaseing huge quantities of shares of a special(a) scrip and then make it public about his stake in the stock and people would flock to it.His name was enough for investors to buy that stock. He was a pied piper for many nerve centre class Indian. He trancet big and made people dream big The cracking Indian dream that is to become rich. His thought was to take the stock upto huge heights and in the shape everyone make money. But his method was not good. Its not likely for anyone to put unlimited money to keep running up a stock which made him take the wrong path.On his journey from rags to riches, he had made many enemies most of them were bears who envied Harshads success. He made frontlines in word of honorpapers with pictures of luxary cars at a time when however big industrialists hardly owned them. Another picture of his in a zoo, where he was feeding peanuts to bears. These made the bear obligation make strategies(mostly illegal) to trap him. The renowned ones are AnandRathi, Radhakishan Damani.

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Unfortunately when news leaked that Harshad was drawing money illegally, the bubble burst and market collapsed. Go through the article below where the story is given in details How Harshad Mehta made the scam.

What he did n How he did it... Just as the year 2001 was coming to an end, Harshad Shantilal Mehta, boss of Growmore enquiry and Asset Management, died of a massive heart attack in a jail in Thane. And thus came to an end the bread and butter of a man who is probably the most famous subject ever to have emerged from the Indian stock market. In the book, The Great Indian Scam: Story of the missing Rs 4,000 crore, Samir K Barua and Jayanth R Varma explain how Harshad Mehta pulled off one of the most audacious scams in the history of the...If you want to get a full essay, tell apart it on our website: Orderessay



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