Motives & Perception Of Business Professionals Towards Capital Markets In Mumbai City : An Empirical Study

Abstract

Capital markets are regarded as an essential corresponding system of the economy. It is regarded as the citadel of capital and pivot of the primary and secondary market. It exercises powerful and significant influence as a depressant or stimulant of business activity. The present study aims to comprehend, identify and analyze the motives and perception of business professionals in investing capital markets. To fulfil the objectives of this research, 100 business professionals were surveyed through filling out the survey questionnaire form using the convenience sampling method. The data was analyzed and interpreted by using various statistical techniques like Simple Percentage Method for descriptive analysis. Reliability analysis using Cronbach Alpha, non-parametric tests of hypothesis such as Chi-Square test,  Friedman test and Kolmogorov Smirnov test] for testing the hypothesis.

The results of data analysis showed that there is a significant difference in the preference choice and motives of business professionals in investing capital markets. Using Friedmans Test the highest mean has been observed for Income growth followed by Liquidity, Capital growth, Safety of funds and Retirement. It was found that the perception of the Business Professionals is significant in investing Capital Markets.

It is concluded that in present era of digitization the capital markets are winning the hearts of novel and experienced business professionals by giving them the timely chance to get rich at a given degree of risk. It is recommended to the business professionals to spend quality time for researching upon the capital market updates and policies. The study opens avenues for new research in the areas of learning about futures and options, case study of successful stock brokers, cyber frauds related to online trading , volume of transactions by the millennials in the stock markets and Changing role of SEBI in FPI transactions.