The Industrial Securities Market

This market is divided into two categories:

Primary Market

      • It is also known as new issue market; as in this market securities are sold for the first timee. new securities are issued from the company
      • The common securities issued in primary market are equity shares, debentures, bonds, preference shares and other innovative securities

Secondary Market (Stock Exchange)

      • The secondary market is the market for the sale and purchase of previously issued or second hand securities
      • Here, securities are not directly issued by the company to investors; instead the securities are sold by existing investors to other investors