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प्रश्न
Distinguish between New issue market and Secondary Market.
फरक स्पष्ट करा
उत्तर
| Basis for difference | New Issues Market (NIM) | Secondary Market |
| 1. Meaning | The place where New Issues of securities are traded. (Initial Issues Market) | The place where formerly issued securities (second-hand securities) are traded (Resale Market) |
| 2. Buying | Buying directly | Buying indirectly |
| 3. Intermediaries | Underwriters | Brokers |
| 4. Gained persons | Companies | Investors |
| 5. Buying and selling between | Companies and Investors | Investors only |
| 6. Organised Existence | It has no physical existence | It has physical existence |
| 7. Securities Sold | Only once | Many times |
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New Issue Market (NIM) Vs. Secondary Market
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