Emerging capital markets have lately played a significant part in the global financial culture. The fate of a country's economy is related to its stock market success. This refers in particular to the developing economies and their financial markets. The cycle of growth pursued by these developing markets has demonstrated explicitly that today's capitalists would not participate in what seems to be a lucrative venture if the economic base of the world is indoubt.

India is known as one of the world's biggest developing markets. The capital market is well known with a long tradition of structured equity exchange. It has 24 stock markets throughout the world and has more than 45 million inhabitants. Following the government's liberalization program in 1991, a series of steps were taken which had a direct or indirect influence on stock market development. There are many broking houses in India now a day that can enable investors invest quickly in the stock market.