Since the LPG in 1991, India had made a breakthroughdevelopment and growth all around. Indian stock market has remarkably witnessed this growth story.Indian stock market went through various changes over a period of time; in terms of growth in volume, growth in number of IPOs, growth in number of bourses as well as growth of various financial products like forwards, futures, options, swaps etc. It also gave rise to increased trading volume with increased volatility. Tremendous amount of FIIs have been coming since that time and Indian market has seen many ups and downs; many bull and bean runs, many scams, frauds and embezzlements. Various participants in market let it be in stock market, in currency market, in commodity market or in bond market have suffered as well as ripped the fruits of this growth and decline story so far.