Stock market – place to trade shares under the watch of an authority – SEBI. Partial ownership in the company on holding share and can exercise voting rights to appoint board who take business decisions on improving the business.
IPO and secondary markets are two types with their own purposes of raising initial capital and exchanging shares based on demand supply for profit.
Indices created by exchanges to measure performance- act like the index of a book
Corporate actions – split, dividend, bonue