Stock market of a country reflects its financial health. The higher the value reflecting upon screen, better the economic condition is. Indian stock market has remained on upward trajectory since the beginning of the millennium. The period between 2003 and 2007 witnessed a phenomenal rise in the history of Indian stock market. This period is also known as uninterrupted Bull Run. Last year, i.e., 2008 will be remembered for global meltdown. World market crashed and India was no exception. From the highs of 21000 on the Sensex, we touched a low of 7000 in October 2008. Yet, Indian economy was comparatively less affected because of its underlying strength. Since March 2009, a strong recovery is underway across the world market.
If we go into the nitty gritty of stock market, it refers to a place where buying and selling of shares take place. The process of buy-sell is executed by investors and traders. Market forces like demand and supply for a particular stock determines the buying and selling prices of
share trading.
Indian stock market is one of oldest stock markets in Asia with a proud history of no less than 200 years. It all began in the 18th century when East India Company started business in its loan securities. Slowly the concepts like stocks, shares and commodities started to emerge. Banks also started to participate in the process. The Bombay Stock Exchange was established in Mumbai way back in 1875. It was initially known as "The Native Share and Stock Brokers' Association". The Calcutta Stock Exchange Association was formed in 1908 and later on stock exchanges were established at places like Hyderabad, Delhi and Madras. At present, total twenty one stock exchanges are recognised in India. With the advent of online trading, large number of population is also participating in the stock market. Considering India’s impending huge growth potential, Indian stock market is sure to soar higher.