Capital is the primary source for mobilisation of other resources that are required to achieve economic development. Capital markets play a predominant role in accumulation of capital for corporates through which economic development is possible. Thus performance of capital markets is the best indicator of economic progress. India is identified as the fastest growing economy in the world and received a phenomenon response from global investors in the recent past. India is a good potential market to be occupied in coming years and highly prospective investment avenue for the corporates to penetrate. Recent liberalisation and globalisation measures ensured the foreign capital and technology inflow into the country which stemmed further economic growth. Thus India is in urge for more efficient capital markets for the future to ensure and facilitate economic development.