INTRODUCTION
Capital market is a market for buying and selling of debt or capital based securities. In other words, whatever we are buying or selling in the capital market is known as Capital Market Instruments. Capital Market Instruments like equity shares, preference shares, debentures, bonds & derivatives etc.
These instruments are being issued by the corporate sector to raise funds on the basis of:
(i) Investors Preference, and
(ii) The Regulatory Framework
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