GAME

CHANGERS..
By Mahesh Satapathy(12DM050) Renu Bala ( 12DM047) Risha Mishra(12DM048) Sushmita Paul (12DM049)

INTRODUCTION
The Indian capital market is no new its been in the process of evolution from more than a century. BSE being the oldest stock exchange established in 1875. Trading ring Outcry system

CHANGES..
Establishment of NSE in 1992. Electronic trading ring came up sweeping out the traditional outcry system. The business became quite transparent and investors enjoyed true benefits of capitalists growth. Modernization and technological development galvanized the whole system. MCX, NSE and BSE took up this herculean task. But the progress was no easy task it had some hiccups..

CURRENT STATE OF AFFAIRS

Our economy is the fastest growing economy in the world. 92% of market turnover comes from Equity and Equity F&O which includes products like interest rate futures, currency rate futures and corporate bonds. Another fact Is 75% of it comes from cash related index F&O which dont directly lead to capital formation. The total cash market turnover decreased by 25% in 2012. Low STV (nse-45%, bse-9.35) signifies low liquidity. Other exchanges like NASDAQ, OMX have STV more than 100%.

REASONS FOR THIS POOR AFFAIRS

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Only 1% of Indian population i.e 1.2billion invest which is abysmally low. Supply exceeds the demand. Global financial crisis affecting Indian economy to a large extent as they are interdependent in various trading businesses. Conservative way of thinking. Poor literacy rate and 50% above population below poverty line.

WHAT NEEDS TO BE DONE.??????

Overall market development. SME development Development of bond markets. Rationalization of costs. Better Government policies. Investor education and training.

CURRENT DEVELOPMENTS..
E-trading is covering more and more places. SEBI one of the best in the world has been very proactive. It has transformed from a single asset to multi asset market. Financial knowledge through various training programs and courses at BBA and MBA level. Exchanges conducts 1500 investor programs every year to increase financial awareness beside advertising. Simple product like ETF are being introduced to encourage retail investors.

SWOT ANALYSIS

Strength: The first and for most thing of strength of Indian stock market is its ability to provide high return. SEBI a regulatory body of Indian stock market who protects the interest of the investors. Large number of securities which provides medium for investment. Large number of Brokers who plays a role of facilitator for investment. Weakness: The weak point of Indian stock market is its volatility i.e. High risk. It is a kind of gambling where no guarantee of return and some time it depends on luck also.

Opportunity: Stock market provides an opportunity to money lender and money seeker to Invest and use money for their plan. It provides an opportunity to the investor to be the owner of the company and contribute in the business decision of the company. Stock market is a kind of indicator of the economic growth of the country where it provides an opportunity to gain according to the inflation of the country or more than that. Participation from larger population is expected. Threats: There are many competitors of stock market such as post office savings, public provident fund, company fixed deposits, fixed deposits with bank etc. which provides fixed and assured returns. Affected by global crisis.

REFERENCE
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Dalal street 10 feb 2013 http://bfm.co.in/swot-analysis-of-indian-stockmarket/ SEBI bulletin Dec 2012