ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Joydeep BiswasSubscribe to Joydeep Biswas

Indian Stock Market in Comparison

This article evaluates the impact of financial liberalisation on the growth, development and efficiency of the Indian stock market vis-Ã -vis other select Asian markets. Though the expansion of the Indian stock market in the post-liberalisation period is truly impressive, in terms of quality there has been a regress. Trading has become increasingly concentrated in some sectors and companies, and the higher volatility in the market, without a corresponding higher return, portends greater risk and more instability for investors.
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