Synopsis This book provides a glimpse of the Indian stock market scenario from the past to the present. Over the years Indian stock market has undergone a massive transformation. Earlier, the regulations of financial markets were not very effective and disclosure norms set by the companies were inadequate. But with the creation of SEBI, governmental intervention and the formation of various financial committees, the Indian stock market attained the height of confidence for both national and international investors. Though in earlier periods the Indian stock market was insulated from outside impact, with the financial systems being upgraded, it gradually got integrated with the world market, which led to an increase in foreign investment inflows, apart from an enhanced role of mutual funds and foreign investment. With more and more inflows of foreign capital, the Indian stock market is gaining strength, thereby, further consolidating the Indian economy.