Customer relationship management in stock market

The growth of any economy depends upon a well-organized financial System. The system is highly sensitive and volatile to the requirement of economic goal achievement. Growth materializes when savings are channeled into productive investment s, which in turn enhance the ability of the economy to produce goods and services. The economic development of a country is influenced by its financial market and financial services. The contribution of the financial system towards national growth is high and an inseparable one. The financial system promotes investment and savings for the faster economic development of any economy. The financial market plays a central role in the economic development of a country. It facilitates the allocation of resources by transferring them from savers to borrowers, thereby accelerating the investment activities. The financial market plays a vital role in the industrial growth and economic growth and development. The worldwide development of economic markets has appreciated the number of participants within the retail investment throughout recent years by affording a heterogeneous financial market and investment chance. The Indian stock market has witnessed major transformation and structural changes during the past three decades correspondingly enduring economic reforms initiated by the Government.