Capital market is the backbone of the economy of a nation. Growth of a nation becomes stagnant when players of the market lose their confidence about the prospect of their investment in risky assets like equity shares, mutual fund, derivatives etc. In a developing nation like India, market is driven by greed and fear of the investors. Emotion and sentiment of the market participants play a crucial role which ultimately determines the scope and direction of the secondary market. Specifically Indian capital market is showing its dismal performance since the beginning of the financial year 2011-12. Therefore it is a million dollar question in the mind of retail investors whether it is a proper time for entry to the market or exit from the market or they should simply follow wait and watch policy.