When a company requires large capital amount, it goes to the public and seeks funding. This is called initial public offering. In this process, the company receives money from public by selling shares. While the retail investors who bought these shares cannot ask for a refund, they can go to a secondary market for trading the shares. This secondary market is called stock market.
Arvind Chand Ravichandran, , Basics of Stock Market, bse, Face Value, IPO, Nifty, NSE, Primary market, secondary market, SENSEX, Stock market
Hi sir,
your answers are brief and appropriate, will be useful to recall.