GROWTH AND PERFORMANCE OF SECONDARY MARKETS: A REVIEW OF EMERGING TRENDS
DOI:
https://doi.org/10.62103/unilak.eajst.5.5.91Keywords:
Internet, Stock Trading, Investors, Stock Exchanges, Online Stock Trading, Capital Markets Financial Markets, Secondary Market, Stock MarketAbstract
Indian Securities Market, especially the Secondary Market is witnessing Fundamental Institutional
Changes. Electronic Financial Services have modernized the Stock Exchanges, leading to drastic
reduction in transaction costs and significant improvements in Efficiency, transparency and safety
when trading leading to increased Trading Volumes and Market Capitalization. The Changes in
Regulatory and Governance Framework have also brought about an improvement in Investor
Confidence. With the total Market Capitalization of the Secondary Market reaching more than
69,430,493 Crores as on March 2012, the Secondary Market is set to see Phenomenal Changes in
the Future.
It is in the light of these events, this paper aims to (i) To Study the Trends in Secondary Market
with regards Sensex and Nifty (ii) To analyse the Growth of Online Trading in Capital Market
(CM) segment of NSE with a view to assess its impact on the trading volume and turnover, (iii) to
examine the overall growth and performance of secondary market in India.