A capital market is a market where investors buying and selling of securities take place. Capital markets can be divided into two types: primary and secondary markets.
The primary market is the place where companies issue their securities for the first time by way of an Initial Public Offer(IPO), Rights Issue, Private Placement, and Preferred allotment.
The secondary market is the place where shares after being issued for the first time are traded. It is also known as the stock market which provides a platform for the investor to buy and sell shares already existing in the market.
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