Types of indian Financial markets

The primary market is where new securities (stocks and bonds) are initially issued and sold by companies to raise capital, while the secondary market is where previously issued securities are traded between investors. Essentially, the primary market is where the "first sale" of a security happens, and the secondary market is where subsequent trades occur.
Primary Market:
• Purpose: To raise capital for the issuing company or entity.
• Participants: Issuers (companies, governments) and investors.
• Examples: Initial Public Offerings (IPOs), rights issues, private placements.
• Pricing: Price is determined by the issuer.
Secondary Market:
• Purpose: To provide liquidity and facilitate trading of existing securities.
• Participants: Investors trading with each other.
• Examples: Stock exchanges (like NSE, BSE), over-the-counter (OTC) markets.
• Pricing: Price is determined by supply and demand.