With the globalised economy it is very imperative as a developing country to attract foreign inflows for development process. The Stock Market as rightly said by doc_cent is an indicator of the country's economy and it helps the foreign players to choose from the many options. Even though the monitoring body, the SEBI, has many checks and restrictions for correct practices at the stock market the role of high handed business heads and politcal leaders cannot be ruled out. However the crashes on the stocks which we see very often these days is no indicator to this but mostly due to foreign market trends.
