The Indian capital markets and venture funds have witnessed a transformation over the last decade. India is now placed among the mature markets of the world. Automation, transparency, strict surveillance, depository system, on line trading, investor protection, new rules and regulations etc are some of the activities which only reflect the growth of the Indian capital market. Liberalization measures introduced in the Indian economy by the Government through devaluation, deregulation, delicencing, globalization, capital market reforms and free pricing have further increased the interest in stock market. A number of new investors and significant fresh funds have been inducted into the market.