What is the stock market and how does it function?

The stock market is a platform where buyers and sellers trade shares of publicly listed companies. It helps companies raise capital by issuing stocks and allows investors to earn profits through price appreciation or dividends. The market operates through stock exchanges like the NSE and BSE in India. Companies list their shares through IPOs, and once listed, shares can be bought or sold freely. Prices fluctuate based on supply, demand, news, and overall economic conditions. Regulatory bodies like SEBI (in India) monitor the market to ensure transparency and fairness. The stock market plays a vital role in economic development by channeling savings into productive investments.