NISM Series 12 Securities Markets Foundation Certification Exam Notes
Page 36 Of 93
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Investor Types: Retail, institutional, and foreign portfolio investors participate in primary markets.
Retail Investors: Individuals investing personal funds in primary issues.
Institutional Investors: Large organizations with specialized investment strategies.
Foreign Portfolio Investors: FPIs invest foreign capital in Indian securities markets.
Regulatory Framework: SEBI’s ICDR Regulations, 2018, govern primary market issuances.
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