Kinds of market.

Security markets in used for stock exchange:

Securities market refers to both the place and the persons who deal with securities. It includes buyers and sellers of securities and agencies/ institutions which help in the buying and selling of securities of the government companies.

Securities market may include into two categories:

1.primary market.

2.secandary market.

Primary market is concerned with issue of new shares. Secandary market deals with resale of securities traded in primary market.

PRIMARY MARKET(new issues market):

‘Primary market’ denotes the market for new issues. It has no pysical existence. It is concerned with floatation and issues of new shares and debentures by new or existing companies.the shares are offered to the public.