Growth of Indian capital market

Capital Markets are the means through which small and scattered savings of the investors are directed into productive activities of corporate entities. A well organized and regulated capital market facilitates sustainable development of the economy by providing long-term funds in exchange of financial assets to investors. Indian capital market is one of the oldest and largest capital markets of the world. In the past 15 years, the Indian capital market has witnessed exponential growth in terms of the volumes as well as in terms of market capitalization and in regulatory standards and practices. The present paper focuses on the growth of capital market in India. The growth of capital market is examined through the growth of various components like primary market, secondary market, mutual funds and derivatives market.