Global financial crisis and impact on stock broking firms: A case study of BSE

Bombay Stock Exchange Sensitivity Index or BSE is a weighted index comprising of 30 stocks and started on 1-Jan-1986. It is also known as BSE Sensex. It is regarded as the pulse in the domestic markets in India. The BSE Sensex consists of 30 largest and actively traded stocks, also representatives of various industries and sectors. These companies combined account for approximately 50% of market capitalization of the BSE.Looking at the exploratory nature of the research huge amount of secondary data will be thoroughly studied. It will include studying of white papers and research papers on Global financial crisis in General and its impact on BSE Sensex stock brokers in specific by various analysts and authors. This study would enable me to understand the underlying concepts of the impact of financial crisis on Indian stock broking business. Variables deriving businesses of the stock brokers will also be analyzed in order to relate with the bigger picture. Also primary research will be carried out by preparing the questionnaire and analysing the data with help of various available tools in excel. The survey data collection strategy was used for primary data collection in this project. This paper tries to find out how the global financial crisis which shook off the world markets has affected the trading firms by taking into account Bombay Stock Exchange as case study whose benchmark index is known as Sensex. Research methodology which is being used for this research is descriptive research.