Capital Markets in India

Capital Markets in India, edited by Rajesh Chakrabarti and Sankar De, was published in 2010, when the Indian Securities Market had already led a long stride since the post-liberalization period of Indian economy. The market had attained a world-class infrastructure comprising screen-based trading, complete demat delivery of shares, rolling settlements, demutualized stock exchanges, robust clearing and settlement system, comprehensive risk management practices and integrated surveillance. Besides, the range of financial products like exchange-traded futures and options and their market had grown manifold in terms of size, breadth and depth. The book contains a pragmatic evaluation of different facets of the newly evolved Indian Capital Markets. The oceanic changes arisen in the post-liberalization era had altered the financial intermediation business in India, on one hand, as also helped the nation in its participation in global merger and acquisition business, on the other. The book aims primarily at the Indian practitioners and international investors as well to provide them with an introduction to the extant reality of the Indian capital markets.