Evaluation of Indian Capital Market and its Influence on Economic Growth

Evaluation of Indian Capital Market and its Influence on Economic Growth
Author(s):
Prashanth Chinthapatla, Dr. Ch. Suresh Chandra
Keywords:
Indian Capital Market, Economic Growth, capital market reforms, etc.
Abstract
The stock market's role as an effective medium of financial intermediation has been well recognized by scholars, academicians, and policymakers as a primary determinant of a country's economic development, both established and emerging, over the last several decades. The relationship between stock market growth and economic activity has long been a source of controversy in economics, and it poses the scientific issue of whether stock market development affects or is a result of increased economic activity. In light of the Indian capital market's scale, era, and growth, the overall amount of research on it appears to be woefully low - around 0.1 unit of study per institution per year. The effect of capital market performance on India's economic growth is examined in this article.
Article Details
Unique Paper ID: 151315 Publication Volume & Issue: Volume 8, Issue 1 Page(s): 10 - 15
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