The basic aspects of stock market is the product which is stock. Companies raise capital through initial public issue or offer (IPO) which is known as Primary Market. Secondary market is needed for the investors to get the refund of money invested in IPO through transfer of shares. Personas involved are Promoter, Management, Shareholders. Important terminologies are Dividend, Face Value, Price, Exchange, Indices like Nifty (average of top 50 companies performance listed in NSE) and Sensex (average of top 30 companies performance listed in BSE) etc.