Indian Stock Markets And Their Impact On Economic Development

Abstract

Stock Exchanges are an integral part of the Capital Markets and are often considered as a barometer of the economy of a country. It is the most dynamic & organized component of the capital market. A well-organized and well-regulated capital market facilitates the sustainable development of the economy. It also provides the essential attributes of liquidity, marketability, diversity and safety of investments to the investors.

The stock market is one of the most vital components of a free-market economy, as it provides companies with access to capital in exchange for giving investors a slice of ownership in the company. The stock market makes it possible to grow small initial sums of money into large ones, and to become wealthy without taking the risk of starting a business or making the sacrifices that often accompany a high-paying career.

This study reviews the Stock Market of India and its impact on the development of the economy.