Stock market is a place for buyers and sellers to come to a common platform and do the trade i.e buying and selling of various types of instruments. Which can be SPOT, Futures and options, shares or bonds or stocks. This is done in a well structured and organised manner governed by a body called SEBI – Securities and exchange board of India. SEBI draws out norms and laws which the stock exchange has to follow in order to function. Hence giving every one fair chance to buy or sell or in simple words Trade.