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(i) equity shares (ii) Preference shares
and (iii) Debentures or bonds. It is a market where industrial concerns raise their capital or debt by issuing
appropriate instruments. It can be further subdivided into two types. They are
(a) Primary market or New Issue Market,
(b) Secondary market or Stock Exchange.
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As the very name implies, it is a market for industrial securities, namely : (i) equity shares (ii) Preference shares
and (iii) Debentures or bonds. It is a market where industrial concerns raise their capital or debt by issuing
appropriate instruments. It can be further subdivided into two types. They are
(a) Primary market or New Issue Market,
(b) Secondary market or Stock Exchange.
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