Issue Details
THE DYNAMIC ROLE OF INDIAN STOCK MARKETS IN ECONOMIC DEVELOPMENT: A GLOBAL PERSPECTIVE
Barun Shaw
Page No. : 28-34
ABSTRACT
The stock market is an essential component of the financial system and a key engine of economic expansion. It’s a market for buying and selling stocks, bonds, and debentures among private investors and corporations. The stock market is a platform for trading stocks, bonds, options, futures, and other financial instruments. The health of India’s economy may be judged by its stock market’s response. Many developing nations have lately begun attempts to construct or revitalise stock markets in order to increase capital mobilisation and allocation with the help of the International Finance Corporation and the World Bank. With the formation of the Securities and Exchange Board of India (SEBI) and additional fortification after the stock market scam in 1991, stock market reform in India gained speed. This is consistent with a pattern seen in many nations throughout the world. The Indian stock market has reached global standards thanks to the development of SEBI and technological progress. Real estate, stocks, debentures, and bonds have all seen their values grow as a result of its extraordinary achievements and surprising volatility.
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