Soumya Toppo 12020841102

GAFLA R vi w

Introduction: Gafla is a fictional film inspird by th stock markt scam of 1992 which cratd turmoil in th Indian conomy and dstroyd th lif of ovr thousand odd popl in India, mainly small cap and mid cap invstors. This movi is basd on Harshad Mhta, only a mor sophisticatd-looking vrsion. It dals with how h got intrstd in and changd th fac of th Indian stock markt, and finally, how h landd in jail.

Rviw: Gafla givs you a whol synopsis of how rally th scam happnd. Th movi starts with main protagonist starting out small in th stock markt in Bombay and how h pavs a path towards his succss. H trid to challng dominanc of th stock markt by fw major playrs lik Thakur in th movi who usd to us his political influnc to rul th markt. Sinc th markt was ruld by ths popl, th middl class popl lost faith in arning from stock markt and for thm it was just luck factor which could hlp thm to arn mony.

Aftr som major initial stbacks h st up his own firm and hlpd middl and lowr class popl to mak invstmnts. It was a challnging businss and h trid to tak advantag of th loophols in th systm. H was a vry ambitious man and h workd for th bnfit of th socity. But you cannot pav your path towards succss

Soumya Toppo 12020841102

without making nmis. H was framd against various chargs and latr snt to jail. Stratgis in th movi: Th protagonist blivd in doing fundamntal rsarch of th companis and h waitd for th right timing in th markt. Lik waiting for th rain bfor making invstmnts in companis. H took financ from banks, to prvnt th markt from going down and hav nough funds to do it and thats what got him into troubls as using banks mony is illgal in India. Th
movi do not focus mor on th flaws in th systm but mor on th powrful mn in th systm that through thir political influnc could hampr th stock pric basd on thir cash powr.

Trminologis usd in th movi:

Vanda: Th diffrnc in th amount in what th brokrs actually tradd and what th markt rat of th shars actually wr. Th biggr th Vanda List th Bull run / Bar run: Bull run is a positiv nvironmnt in a stock markt whr th invstors xpct th markt to grow up giving thm high rturns and popl ar motivatd to buy th stock; whil a bar run mans ngativ nvironmnt in th markt. Popl fl that th stock pric will fall and hnc thy rfrain from invsting in th markt. Hammring: Th rapid and concntratd sal of a stock thought to b ovrvalud by th markt. It prformd by invstors and spculators who bliv that prics ar inflatd and that a priod of liquidation is imminnt. Ring: Plac in th stock markt whr tradrs tak part in an opn outcry systm whr thy mak hand gsturs for trading.