Question

Brief explain about tarawaniwalas

Answer 1

Tarawaniwalas are the operators in stock exchange. these operators works like both brokers and jobbers... But in mumbai, India, they called jobbers.. Brokers are those operators whose purchase and sell shares on the behalf of others. and earn commission while jobbers purchase and sell shares on the behalf of their own... thus tarawaniwalas are those who sell and purchase shares on the behalf of both others and own... But they earn profit only not commission... they place important role as operator in stock exchange