THE GROWTH OF CAPITAL MARKET AND ITS CONSEQUENCES ON A DEVELOPING ECONOMY
ABSTRACT The development of the stock exchange market is a pre-requisite to the growth and development of any economy. The capital marked comprises the primary market and secondary market. The primary market is the market for new issues. It is a platform where a company or government can raise money for investment quoted companies can also raise funds. Both SEC and NSE are involved in the primary market activities. While ...
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