| dc.description.abstract | It was found from the literature review that efficient and developed financial markets can lead to
increased economic growth by improving the efficiency of allocation and utilization of savings in the
economy. The primary requirement of the capital market is allocation of ownership of the economy’s
capital stock. The ideal situation of the market exists when the prices of different securities provide
accurate signals for the investment decisions to the investors, who can choose such securities that
represent ownership of firms’ activities under the assumption that security prices at any time fully
reflect all available information. It is also found that, increased movement of investments across
international boundaries has lead to the integration of world economies.
The research paper will be divided into 4 sections, wherein Section 1 will discuss about the
Introduction of Financial Markets. Section 2 will talk about the historical evolution of Financial
Markets. Section 3 deals with the methodology and the Indian Financial markets with its composition.
Section 4 helps to clarify the concept of globalization and financial market integration and lastly
Section 5 shows the references. | |
