This book is designed exclusively for the community which has the greater interest in evaluating the performance of stock exchanges in India with a special reference to the BSE Limited. The entire book may be divided into four sections. The first section of book gives introduction of the topic of the subject with significance of stock market, genesis, administration, listing rules, trend in growth in terms of number of stock exchanges, number of listed companies, number of registered brokers and foreign institutional investors (FIIs). The second section has laid emphasis on the analysis of protection of investors in the BSE Limited. The third section deals with volatility in stock prices of the BSE limited expressed by Sensex and sectoral indices of the BSE and the performance of the BSE in terms of Capitalization, liquidation and turnover. The last section concluded with summary of findings, suggestions and hints for further research. This book will be of immense use of the policy makers of stock markets, Government, teachers who are interested in the functioning of stock markets, scholars and students of commerce, management, economics etc.