Stock market is a collective place to buy and sell stocks of different companys and sectors through a single window. It operates through an Exchange SEBI. Broker is needed between buyer and seller to do trading as he is the registered member of SEBI
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Hi,
Your Question 1:: Can tell about primary and secondary market?
The primary market is also known as the new issues market. Here, the transaction is conducted between the issuer and the buyer. In short, the primary market creates new securities and offers them to the public. In the secondary market, the securities issued in the primary market are bought and sold. Here, you can buy a share directly from a seller and the stock exchange or broker acts as an intermediary in between two parties.