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Abstract

The securities market operations promote the economic growth of our country. More efficient is the securities market, the greater is the promotion effect on economic growth. The efficiency of market depends on the width and depth of the market and its perfectness. The present study could not cover all the aspects of stock- trading in BSE and NSE. Still, there are certain gray areas. Brokers take enormous risks while they execute their functions and activities. Risk appraisal and management is a significant and vital part of this branch of financial services sector. Hence a study on risk management of brokers could be of much help to the present as well as future generation of brokers. The strains and tension involved in stock-trading is enormous. There is scope for further studies in the line of stress management of stockbrokers.

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