Paper Details

Stock Market is one of the most rousing sectors in the financial system, making an important contribution to the economic development. Stock Market is a place where buyer and seller of securities can enter into transaction to purchase and sell shares, bonds, debenture etc. In other words, Stock Market is a place form for trading various securities and derivatives. Stock markets acts as a barometer which is used to measure the performance of the Indian economy with its development. A number of developing countries in association with the International Finance Corporation and the World Bank took steps to establish and revitalize their stock markets as an effective way of mobilizing and allocation of funds. In line with the global trend, reform of the Indian stock market also started with the establishment of Securities and Exchange Board of India (SEBI), although it became more effective after the stock market scam in 1991. With the establishment of SEBI and technological advancement Indian stock market has now reached the global standard. Indian stock market has gained new milestones and its fluctuating has surprised our economy with the expansion in the equity, debentures, bonds and real estate.

Derivatives, SEBI, Capital Market, Stock Market, Fiscal Policy, Financial Growth.