A Study on Stock Selection in a Data Envelopment Framework With Reference To Sharewealth Securities Private Limited.

Abstract: The Indian economy was strictly regulated and safeguarded prior to liberalization by a variety of measures, including a licensing system, high tariffs and rates, and restricted investment in certain core sectors. The 1980s saw extremely unsustainable economic expansion due to the reliance on borrowing to close the current account deficit. In order to address these inequities, the Indian government implemented structural reforms through economic policy in 1991. During that period, the financial industry was mostly unstructured and consisted solely of bonds, stocks, insurance, commodities, mutual funds, and pension funds.A regulatory body called the Security Exchange Board of India was established, along with the nation's first electronic exchange, the National Stock Exchange, to structure the security market. This was done with the intention of giving credit, mobilizing resources, and regularizing investments. One category of people, according to Mark Twain, has seen the Taj Mahal, a famous Indian structure; the other group has not. About investors, the same is true.