Stock Exchanges plays an important role in Indian economy.  Bombay Stock Exchange (BSE) is a First and the fastest Stock Exchange of Asia and also one the leading exchange group in India. It was established in 1875 as flag of “The Negative Share and Stock Brokers’ Association”.  BSE is the platform for trading financial assets like equities, debentures, mutual funds and etc. It continuously evaluates the securities and provides their transportability. The main aim of this paper is to study the volatility in share price of securities in India.  The present study was undertaken with an objective of identifying the Risk – Return analysis of selected banks and also to compare public sector banks and private sector bank listed in BSE.  Risk is the potential variability of returns. Return may be defined as yield plus capital appreciation. 

KEY WORDS: BSE, securities, risk, return, public sector banks, private sector banks etc.