ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The secondary market is where investors buy and sell shares they already own and is more commonly referred to as the stock market.

Detailed explanation-2: -Stock exchanges help individual investors put money to work in the stock market. Typically, brokerage companies that investors use to buy and sell stocks either are members of major stock exchanges or have agreements with exchange members, giving them the ability to buy and sell shares.

Detailed explanation-3: -Public company employees and investors can sell company shares through a broker. To sell private company stock-because it represents a stake in a company that is not listed on any exchange-the shareholder must find a willing buyer.

Detailed explanation-4: -A primary market does not directly serve up stocks for sale to investors, but issues IPOs, rights issues, any private placement, or preferred allotments. So a primary market is different from a stock exchange which is essentially a secondary market.

Detailed explanation-5: -Getting a PAN card. Obtaining a Permanent Account Number (PAN) is the first step towards trading in the stock market. Open a Demat Account. Open a Trading Account. Register with a Broker/Brokerage Platform. The need for a Bank Account. Get your Unique Identification Number (UIN)