文档介绍:Indian Investors’ Dilemma – A study of financial market paradigm conflict through behavioral finance approach.
- Bhatta HS
ABSTRACT
The decade (1998-2008) saw a great momentum in the investment scenario of Indian financial market. There was an unprecedented spurt in the stock trading volume both in the regular stock exchanges and over the counter exchange of India. People from various walks of life ,through information technology advancement empowered themselves to be well informed , stormed in to the investment market. What was hither to the domain of upper middle and above ,became mon playground for even the middle and lower middle groups. They jumped into the market with little savings that they have, in the hope of making big bucks without recognizing the underlying and hidden risk element in such investments. Overlooking the need to understand the fundamentals of the market themselves, they just relied on others’ opinions and suggestions. This led to a remarkable shift from rationality to irrationality in the investment behavior.
The current study emphasizes the paradigm in the financial market scenario and investigates through behavioral finance approach whether , in the milieu, the Indian investors are really trapped and then ,attempts to throw some tips to get out of the trap.
Key words: Financial Market, Milieu, Investment trap, Paradigm, Rationa