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Primary and secondary markets

Selvakumar Kumar
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Joined: Feb 18, 2007
Posts: 36
What are primary and secondary markets in Stock Exchange.?
I have this question asked in one of my domain exams.
Manish Hatwalne
Ranch Hand

Joined: Sep 22, 2001
Posts: 2578

IPO - is primary market when company itself sells its shares and after that share holdres selling their shares is secondary market.

Are you working in equity research company?
Selvakumar Kumar
Ranch Hand

Joined: Feb 18, 2007
Posts: 36
Thank you Manish for the answer.

Iam working for a credit reporting client in a software company. As a part of year end appraisal we are supposed to complete an exam in this domaiin.
 
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subject: Primary and secondary markets