As far as the Securities market is concerned, this may impact harshly on the bourse in its immediate run but will be very helpful for the Capital Market in future. The two factors that will be impacted badly will be some penny stocks which were traded and settled in cash will be history soon. Other way around the Grey market and Dabba trading will seek survival. Long term benefits are expected, as demonetization will curb unaccounted income, therefore, increasing transparency in the Capital Market.
Recently, the Prime Minister also hinted at many such other initiatives in the future to curb the black money problem in the country. The PM urged support from the common man, as the country is facing a shortage of cash as the demonetized banknotes account for almost 86% of the currency in circulation.