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Asian Journal of Research in Social Sciences and Humanities
Year : 2016, Volume : 6, Issue : 5
First page : ( 1050) Last page : ( 1060)
Online ISSN : 2249-7315.
Article DOI : 10.5958/2249-7315.2016.00170.2

A Study on Performance Evaluation of Indian Stock Market with special reference to NSE and BSE

Dhanasekaran M.*, Kumar V. Navaneetha**

*Associate Professor, Department of Management Studies, Adhiyamaan College of Engineering, Hosur, Tamil Nadu, India

**Director, Department of Management Studies, Adhiyamaan College of Engineering, Hosur, Tamil Nadu, India

Online published on 3 May, 2016.

Abstract

The past decade in many ways has been remarkable for securities market in India. It has grown exponentially as measured in terms of amount raised from the market, number of stock exchanges and other intermediaries, the number of listed stocks, market capitalization, trading volumes and turnover on stock exchanges, and investor population. Along with this growth, the profiles of the investors, issuers and intermediaries have changed significantly. The market has witnessed several institutional changes resulting in drastic reduction in transaction costs and significant improvements in efficiency, transparency, liquidity and safety. In a short span of time, Indian derivatives market has a place in list of top global exchanges. In single stock futures category, the Futures Industry Association placed NSE in second position in the year 2000. This study discusses about the performance of NSE and BSE in India and suggestions to improve their performance.

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Keywords

Securities Market, Stock Exchanges, Transparency, Liquidity, NSE, BSE.

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