Type of Markets

Type of Markets
Basically there are two types of markets.
1. Primary market
2. Secondary market
Primary Market
A primary market is a place where companies, government and other corporate bodies sell new shares and other financial products which are also called as financial products. In primary market trading is not allowed.
Like any newly listed company sells IPO (initial public offer) then it happens in primary market or whenever any already exiting company goes public then at that time it issues an IPO in primary market.
Secondary marketA market place where actual share trading (buying and selling) takes place is called secondary market.
Majority of share trading in India happens in top two exchanges called NSE and BSE