4

Services of Intermediaries

Chapter Query

Less than 10 years ago, when people wanted to buy or sell in the Indian securities market, they started with a prayer. Its chaotic state and rampant cheating at every stage generally called for a large slice of luck, if the trade was to go through safely. Since the launch of economic reforms in 1991, the securities market, for both equity and debt, has seen the most radical changes. A sample list of service providers in the stock market who offerto make the stock investment for the investor smooth and beneficial is given at the end of this chapter. Would you be able to choose the right service provider at a glance?

Chapter Goal

The stock market is identified as an exchange market with layers of ...

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