International Journal of Commerce and Management Research

Authors
Rashmi Soni

Abstract
Financial market is the medium through which the general public and entities can trade the Financial Securities and commodities. Financial system plays important and dominating role in economic and the overall development of any country. So financial system consist of various institutions both Banking and Non- Banking Financial Institution, they use instrument like shares, debentures, mutual funds, derivatives trading etc. and the market like primary and secondary (stock exchange) market which foster saving and channelize them to their most efficient use. The financial system mobilise the savings and allocate them to the most productive use and facilitate economic growth of the country. Through the proper use of financial instrument, financial system bridges the gap between savers and users funds though financial instrument helps in mobilise the saving of people and offers finances to the borrowers. So Regulatory Body of stock market ei. SEBI plays an important role to provides them guidance and education about stock market.rnThe basic objective of our study is to analyse the role and growth of share market, analysis of various financial instruments, to study the benefits available to investors and its impact on economic growth.