摘要：In this paper, an attempt has been made to measure the impact and recovery of Global Financial Crises on Indian economy in general and on the Indian Stock Market in particular. Additionally, this study intends to discuss the role of RBI in the present context. This paper employs the data from April 2001 to March 2013 to investigate the impact on Indian stock market and the integration of Indian stock market and US stock market. The result suggests that the Indian Stock market was affected by the Global financial crunches and also shows that the recovery from the slowdown during the global financial crisis is well underway.
