The indispensable part of an economy is Stock Market which acts as an intermediary for movement of funds between surplus units and deficit units. Well-functioning capital markets play an important role in mobilizing savings and investments for organizing the production of goods and services, creating employment opportunities, and enhancing economic development. But any sorts of disorder in the same may negatively affect the economy as a whole. The present study is an endeavor to justify the present conditions based on a chronological analysis of the history of stock market in Bangladesh identifying the reasons of the recent catastrophe, to measure the impact of the surge and fall on the investors simultaneously identifying their expectations from the regulatory bodies and to provide recommendations to overcome the present conditions.