A Study on Secondary Securities Market in India

Abstract

The present study was attempted to evaluate the Indian secondary markets and the investment environment prevailing there. The role of secondary market institutions was studied with the help of primary and secondary data which were collected from various sources such as reports, articles, journals, books of financial market, newspapers, various editions of handbook of statistics, NSE fact book, ISMR (Indian Securities Market Review), websites of NSE India and BSE India, etc. and the primary data were collected with the help of structured questionnaire. The collected data were analyzed with the help of various statistical techniques such as cross tabulation statistical technique , graphical presentation , correlation, regression, chi square test which were be suitable for analysis of data and for obtaining the results to satisfy the objectives of the study. The main objectives of the study were to analyze the role of secondary market institutions in the growth and development of the investment environment in India, also to study market with regard to risk return and protection of investors besides this to see the impact of foreign institutional investors on Indian retail investors , to study the causes and impacts of volatility in the secondary market and to analyze the role of genuine investors and pure speculator in the secondary securities market.