International Science Community Association Research Journal of Management Sciences 2319 - 1171 6 8 2017 08 6 A survey of behaviorial finance 18 20 EN Rajshree Chandrakar 1 Bhilai Mahila Mahavidyalaya, Bhilai, CG, India A. Joglekar 2 Govt. D.B.P.G Girls College, Raipur, CG, India Savita Dubey 1 Bhilai Institute of Technology, Bhilai, CG, India Daljeet Singh Wadhwa 2 Department of Management, Bhilai Institute of Technology, Bhilai, CG, India Sourabh Guha 1 Department of Management Studies, Rungta College of Engineering and Technology, Bhilai, CG, India Daljeet S. Wadhawa 2 Department of Management, Bhilai Institute of Technology, Bhilai, CG, India Manoj Verghese 3 Department of Management Studies, Rungta College of Engineering and Technology, Bhilai, CG, India Parishkrit Agrawal 1 G.S. College of Commerce, Wardha, MS, India Saurabh Tomar 1 Bhilai Institute of Technology, Durg, CG, India Daljeet Singh Wadhwa 2 Bhilai Institute of Technology, Durg, CG, India > Short Review Paper 2017 4 10 2017 08 6 Traditionally, it is believed that participant of Financial Market are fully Rational and Markets are fully efficient. This belief has got prolonged effect in developing theories of Financial Markets. There were some instances in Financial Market operation which could not be explained by traditional Finance practice nor. To explain these phenomena academician looked towards Behavioral Finance as the key. This paper examines some basic tenets on which Behavior Finance stand. The primary distinction in assumption of traditional Finance practice nor and Behavior Finance practice nor is also discussed. It is concluded that though Behavior Finance might explain some anomalies of Financial Market a great deal of work need to be done to find out factors which lead to such anomalies. Copyright@ International Science Community Association