Overview of financial market

Indian financial market consists of money market and capital market.
Money market :
The money market has two components viz..the organised and unorganised.
Organized money market:
The organised market is dominated by commercial banks.The other major participants are RBI, LIC,General insurance corporation,Unit trust of India,Securities trading corporation of India and mutual funds.
Un-organised money market:
It consists of indigenous bankers and moneylenders.

Capital market:
Capital market consists of primary and secondary markets:
Primary market: Primary market deals with the issue of new instruments by the corporate sector such as equity shares pref shares and debt instruments.
Secondary market: The secondary market provides a trading place for securities already issued,to be bought and sold.it consists of 22 stock exchanges.


Ref: www.nseindia.com