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Indian Stock Market A Study on Recent Development
The origin of the stock market in India goes back to the end of the eighteenth century when long-term negotiable securities were first issued. However, for all practical purposes, the real beginning occurred in the middle of the nineteenth century after the enactment of the companies Act in 1850, wh...
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| Format: | Journal Article |
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REVIEW OF SOCIAL SCIENCES
2013
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| Online Access: | http://10.26.1.76/ks/005918.pdf |
| Summary: | The origin of the stock market in India goes back to the end of the eighteenth century
when long-term negotiable securities were first issued. However, for all practical
purposes, the real beginning occurred in the middle of the nineteenth century after
the enactment of the companies Act in 1850, which introduced the features of limited
liability and generated investor interest in corporate securities. An important early
event in the development of the stock market in India was the formation of the
native share and stock brokers ‘Association at Bombay in 1875, the precursor of the
present day Bombay Stock Exchange. In stock market, share prices rise and fall
depending, largely, on market forces. Share prices tend to rise or remain stable when
companies and the economy in general show signs of stability and growth. An
economic recession, depression, or financial crisis could eventually lead to a stock
market crash. The government of India introduced many schemes and agencies, to
attract investors in stock market and to protect the interest of investors in stock
market. Now, the market features a developed regulatory mechanism and a modern
market infrastructure with growing market capitalization, market liquidity, and
mobilization of resources |
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| Physical Description: | p.16-22 Vol. XIV No. 2 July - December 2013 |