Introduction to Securities Market

Securities Market: A platform where securities such as stocks, bonds, and derivatives are issued and traded, providing a mechanism for companies to raise capital and for investors to buy and sell securities.
Key Components:
- Money Market: A segment of the securities market where short-term debt instruments with maturities of less than a year are traded, such as commercial papers and treasury bills.
- Products Traded: Includes Equity Shares, Debt Securities (e.g., bonds, debentures), and Derivative Contracts (e.g., futures, options).
- International Financial Services Centres (IFSC): Specialized financial hubs that provide services such as trading, clearing, and settlement of securities, catering to international investors and companies.

Key Market Participants and Products

Market Intermediaries: Include Stock Exchanges, Brokerage Firms, Custodians, and Depositories, which facilitate the buying and selling of securities.
Regulatory Framework: Overseen by bodies such as the Securities and Exchange Board of India (SEBI), which ensures fair market practices and protects investor interests.
Investment Products: Offered in the securities market, including Mutual Funds, Exchange-Traded Funds (ETFs), and Alternative Investment Funds, providing diversification and investment opportunities for various investor categories.