Introduction
Stock market refers to a market for buying and selling stocks. People show interest in stocks mainly due to three reasons - long term growth opportunity for capital, dividends and an ensured hedge against the reduction of purchasing power owing to inflation. Another feature making the stock market a lucrative investment option for many is its liquidity. Majority of the people invest in stocks with the desire to accrue benefit upon the payment of dividends and increase of stock price. There are many people buying stocks because of winning control over the companies. Shareholders of many companies are required to buy ...