Indian paraplegic becomes stock market winner

beeghu · #1 19th September 2007, 06:13 PM

Indian paraplegic becomes stock market winner

Twenty-eight-year-old Indian paraplegic Burla Sujata is totally dependent on her two helpers -- except when she sits behind her computer screen and plays the stock market.

Sujata, who used to run a photography studio, became interested in the stock market after losing use of her legs in a car accident six years ago when her car collided with a truck while on her way to a Hindu temple.

"After the accident, there was no life at all for me, no friends, no people, no supporters," said Sujata, who was also abandoned by her fiance after the accident.

"When you have everything, everybody is with you but when you lose everything, nobody is behind you," she said.

But feeling sorry for herself didn't suit Sujata.

"Because I was physically dependent, I decided to look for something that I could do independently," Sujata told AFP in her apartment in the southern high-tech city of Hyderabad.

She now has rebuilt her life by investing in India's rocketing stock market, which last year soared by a record 46.7 percent.

Sujata's achievement is even more remarkable as India's financial world is still heavily male dominated.

Sujata started out from scratch -- learning about investing in 2004.

"I had no business knowledge," she said. "I began studying the stock exchange rules, read financial books and magazines and watched business television channels."

She learned fast, and now trades through brokers on India's National Stock Exchange.

Five days a week, when the exchange is open, she sits glued to her computer screen watching the market, buying and selling shares that she feels represent "good value."

She says she carefully studies "the company's fundamentals" -- looking at its financial figures -- before investing in its shares.

She says her monthly trades total around 20 million rupees to 30 million rupees (493,785 dollars to 740,582 dollars). Out of this she takes a monthly income of 10 to 15 percent or between 4,991 dollars and 7,626 dollars -- a small fortune in India and more than enough to pay for all her needs.

Sujata now has set her sights on setting up her own investment house.

"Two years after the accident, I felt very dependent. Now I have the feeling I can do everything like anybody else, like any normal person. I am financially independent."

Sujata believes that her experience has made her a stronger person.

"I was a strong person. But after the accident, I became much stronger," she says.

"I never look back and cry for what happened.

Thanks,

Beeghu

pasha · #2 22nd September 2007, 01:21 PM

Amazing woman, an inspiration to all of us.

striker_rage · #3 22nd September 2007, 03:22 PM

Quote:

Originally Posted by pasha

Amazing woman, an inspiration to all of us.

+1......

rpc · #4 23rd September 2007, 12:40 PM

hi
Turnover of 2-3 crore ! Monthly income of 2-3 lakhs !! All this in 3-4 years !!! WOW !!!!!!!!!
A great achivement indeed.
Beeghu do you know how to contact this woman by email ?
TIA
with best wishes
rpc

beeghu · #5 23rd September 2007, 04:09 PM

Quote:

Originally Posted by rpc

hi
Turnover of 2-3 crore ! Monthly income of 2-3 lakhs !! All this in 3-4 years !!! WOW !!!!!!!!!
A great achivement indeed.
Beeghu do you know how to contact this woman by email ?
TIA
with best wishes
rpc

I am searching for her Email id, still could not find it. Any hyderbad member who knows her ??? .. Pls provide her email id if anybody knows....

CreditViolet · #6 23rd September 2007, 07:15 PM

Interesting Article but I dont understand a few points

For eg -

Quote:

Originally Posted by beeghu

[b]
Five days a week, when the exchange is open, she sits glued to her computer screen watching the market, buying and selling shares that she feels represent "good value."

She says she carefully studies "the company's fundamentals" -- looking at its financial figures -- before investing in its shares.

Does 'value' change everyday? Is she a daytrader or investor? Why does a investor stay glued to the screen throughout the day?

rakeshkombra · #7 23rd September 2007, 07:15 PM

I am glad that The Hindu carried the story of Sujata, that too when the Indian media - especially the electronic variety - is engaged just in gossip mongering. It is stories like this one, and people like Sujata that must inspire India and Indians. With the GenNext busy shopping with plastic money and young professionals blowing up their earnings in nightclubs and pubs, it is stories like this one that Indians must relay in whatever way. Let Sujata inspire a million Indians and that million the rest of the billion plus.

AmoghG · #8 23rd September 2007, 08:01 PM

^If the GenNext don't spend and blow their money at nightclubs, share prices won't go up... so let them have a good time, while we have ours!

striker_rage · #9 23rd September 2007, 08:21 PM

Quote:

Originally Posted by AmoghG

^If the GenNext don't spend and blow their money at nightclubs, share prices won't go up... so let them have a good time, while we have ours!

lolz