Stock market is where everyone who wants to transact in shares go to. The main purpose of the stock market is to help facilitate transactions as the stock market helps meet the seller and the vice versa. Stock market exists in electronic form and same can accessed online and transactions can be conducted. Also, it can be accessed via a registered intermediary called the stock broker. 

There are two main stock exchanges  in India and they are NSE ( National Stock Exchange ) and BSE (Bombay Stock Exchange ), and also there are various other regional players which are not as important as these two above. 


Stock Market Participants

Anyone who takes part in stock market activities are known as participants and they are Domestic institutions, Foreign institutions, Domestic Retail participants, Asset management companies etc., Since there are so many players involved, it is important for someone to set up rules and make all these players adhere to it so that it remains fair ground for everyone and that work is done by SEBI ( Securities Exchange Board of India ).


SEBI

1. It makes sure retail investors interests are protected.

2. It makes sure big players do not manipulate markets.

3. It regulates stock market operations and it ensures development of stock exchanges.

4. It ensures that stock brokers and other intermediaries conduct their business freely.

5. Also, It makes sure corporates do not use markets using unfair means.