Capital Market is a financial market where long-term funds are raised and traded through instruments like stocks, bonds, and debentures.
Capital Market connects investors (who have surplus funds) with companies and governments (who need funds). It helps in raising capital for long-term investments and economic growth.
In India, capital markets operate through exchanges like the National Stock Exchange and Bombay Stock Exchange, regulated by the Securities and Exchange Board of India.
"A company raises funds by issuing shares through an IPO in the primary market, and later those shares are traded on stock exchanges."