Stock market is a platform for trading various securities and derivatives. Stock markets acts as a barometer which is also used to measure the performance of the Indian economy with its development. A number of developing countries in association with the International Finance Corporation and the World Bank took steps to establish and revitalize their stock markets as an effective way of mobilizing and allocation of funds. In line with the global trend, reform of the Indian stock market also started with the establishment of Securities and Exchange Board of India (SEBI), although it became more effective after the stock market scam in 1991. With the establishment of SEBI and technological advancement Indian stock market has now reached the global standard. Indian stock market has gained new milestones and its fluctuating has surprised our economy with the expansion in the equity, debentures, bonds and real estate. This paper is an attempt to study on performance of Secondary Securities Market of India during 2016-17 with special reference in Equity Segment with the help of secondary resources like latest Research Studies, Reports etc.