The document discusses the major players in the secondary market, including brokerage and advisory services like brokers and dealers, financial intermediaries like banks and mutual funds, and individual investors. It also outlines the major instruments traded in the secondary market, such as fixed income instruments like bonds and debentures, variable income instruments like equities and derivatives, and hybrid income instruments like mutual funds. The stock market facilitates capital raising, investment, and economic growth while providing investment opportunities.

1. Major players in Secondary Market By: Purushottam Kr Karn

3. Mobilizing savings for investment.

4. Facilitating company growth.

5. Profit sharing.

6. Creating investment opportunities for small investors.

7. Government capital-raising for development projects.

9. Jobber

10. Floor Broker

11. Taraniwalla

12. Odd Lot Dealer

13. Budliwalla

14. Arbitrageur

16. Development Financial Institutions

17. Insurance Company

18. Mutual Fund

19. Non Banking Financial Concerns(NBFC)

21. Major Instruments of Secondary Market contd…. Hybrid Income Instruments : - Mutual Fund - basket D(75% equity + 25% loan) - Convertible Preferential share.

22. MAJOR PLAYERS IN STOCK MARKET

23. Thank You