Factors affecting goan investor's confidence in Indian primary market

The capital market is a barometer of an economy. It reflects how much of economic activities are taking place in the given market. Especially the Intitail Public Offerings (IPO) send positive signals about the economic activites as they represent management's faith in future and investor's belief in the economy. A study was conducted in Goa to know which factors influenced investors decisions to invest in IPOs and how they evaluate the them. The exploratory factors analysis revealed four factors. The study discusses relationship between each variables within those factors.