- It all started with Dalal street (which became the permanent location in 18xx)
There are two types of securities
Two types of markets
Primary Market
- company becomes public limited company as it entered the stock market
- otherwise called private limited company
- Initial Public Offering
- Follow-on Public Offering
- Right Issue
- Bonus Issues
Importance of IPO market
- Increasing visibility
- Transparency
- Generating capital
Types of Investors
- Investors
- Traders
- Position Trader (1 month)
- Swing trader (Days to weeks)
- Day trader (hours)
- Scalp trader (minutes to seconds)