Every day, from Monday to Friday, millions of Indians engage in a gritty battle. While most days it may be uneventful or of limited consequences at a broader level, there are always pockets of action in the war zone where something significant is happening that makes some participants wealthy and a few others poorer. And then, of course, there are those odd days when there is the painful ‘blood in street’ or triumphant ‘to the moon’ kind of moves across the board. The battle that begins at 9.15 a.m. rages on till 3.30 p.m., only to begin again the next day! But what exactly is the battle over?
It’s all about identifying the fair value of a stock, which is probably the most enigmatic of all battles. Listen in to this interesting podcast to find out more about the art of valuing stocks.