- Manu Manek, also known as the Black Cobra, was a renowned Indian stockbroker, investor, and entrepreneur.
- Born in Kolkata, West Bengal, India, between 1948-1952, Manu Manek gained fame and influence in the stock market due to his unique strategies.
The Dominance of Manu Manek:
- Manu Manek, known as the Black Cobra, was a powerful figure in the Indian stock market during the 1980s.
- His bear cartel, characterized by its ability to drastically impact share prices, created fear among bulls in the market.
- Manu’s influence was so significant that his approval was crucial for individuals to become directors of companies.
The Unmatched Legacy:
- Manu Manek’s reputation extended far and wide, and his power was undeniable.
- Considered the unofficial ruler of the Bombay Stock Exchange (BSE), he held sway over the stockbrokers and companies.
- His knowledge and guidance were sought after, making him an influential mentor to renowned figures like Radhakishan Damani and Rakesh Jhunjhunwala.
Wiki/Bio:
- Full Real Name: Manu Mundra
- Nickname: Manu Manek, Black Cobra/Kobra
- Birth Year: 1948-1952 (Estimated)
- Birthplace: Kolkata, India
- Religion: Hinduism
- Nationality: Indian
- Caste: Mundra
Physical Statistics:
- Height: 5 feet 6 inches
- Eye Color: Black
- Hair Color: Black
- Weight: 143 lbs (65 kg)
Family:
- Parents: Father’s name not available, Mother is a homemaker
- No information available about siblings
Personal Information:
- Marital Status: Married
- Wife/Spouse: Name Not Available
- Children: Will Update Soon
Education:
- Highest Qualification: Graduate
- School: Local Private School
- Alma Mater: Not available
Career & Wealth:
- Net worth: INR 300-400 Crore (approx.)
- Profession: Stock Broker, Investor, and Entrepreneur
- Famous as: The Black Cobra of Stock Market
Early Life and Family:
- Manu Manek, born as Manu Mundra, hailed from a middle-class family in Kolkata, India.
- Details about his family remain undisclosed.
- After completing his studies, he entered the stock market and began working as a broker.
SCAM 1992: The Harshad Mehta Story:
- Manu Manek’s story intersected with that of Harshad Mehta during the notable stock market scam of 1992.
- The web series “Scam 1992” portrayed the events, with Satish Kaushik playing the role of Manu Manek.
- Manu Mundra’s short position clashed with Harshad Mehta’s long position, leading to a clash of strategies.
Interesting Facts:
- Manu Manek entered the market when stock prices were soaring.
- He utilized short-selling techniques to increase selling pressure and drive down stock prices.
- Manu Manek formed a bear cartel that followed his strategies and made a significant impact in the market.
Conclusion:
Manu Manek, also known as the Black Cobra, left an indelible mark on the Indian stock market with his influential presence and strategies. His bear cartel, along with his ability to manipulate share prices, made him a feared figure among bulls. Despite limited information available, his legacy as a prominent stockbroker and investor remains.
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