Indian capital markets: The growth story
The capital markets in india have grown by leaps and bounds over the past two decades, our capital markets toady is quite modernised and on par with the international best practices. Today indian stock exchanges are ranks amongst the very best in the world, First came in existence the BSE(bombay stock exchange) in the year 1875, later on august 31, 1957 the BSE became the first stock exchange to be recognized by indian government, in 1992 NSE national stock exchange was established, NSE was the first exchange in the country to provide a modern fully automated trading system. THE GROWTH NIFTY a major index, from November 1995, the nifty took 9.1 years to double from 1000 to 2000 , but took just 2.9 years to reach 6000 mark in december 2017, there were only 15 stocks which have been present in the index since inception, today divison is broder and sectorial based , from a very few lakhs trusted stock market in 1995 to around 20million investors through direct or indirect participati