Welcome to Chapter1 of the Audio Course for NISM Series XII.In this episode, we break down the bedrock of the Indian Financial System. This chapter sets the stage for everything else you will learn.

Key Concepts Covered in this Episode:

What are Securities?

Defining the financial instruments (Equity, Debt, Derivatives) that are traded.

The Market Structure: How money flows from households (Investors) to businesses (Issuers).

Key Participants:

Issuers: Companies and Government raising capital.

Investors: Retail, HNI, and Institutional buyers.

Intermediaries: The "middlemen" like Merchant Bankers, Brokers, and Depositories.

Regulators: The role of SEBI, RBI, and MOF in keeping the market safe.

Primary vs. Secondary Markets: The difference between "New Issues" (IPOs) and "Trading" (Stock Exchange).Exam Note: This chapter carries approximately 10% weightage in the exam. It is crucial for understanding the vocabulary used in later chapters.

Next Episode: Once you have mastered the basics, move on to: 🎧 Next: [A02] Chapter 2: Asset Allocation & Investment Products

About the Series:

Conversational, AI-powered audio lessons to help you crack the NISM Series XII Certification without the stress.

Resources:Official NISM Workbook: https://cert.nism.ac.in/

If you find this helpful, for accessing my exam notes, you can reach out to nemo@deepstratai.com (free of cost).

Subscribe to DeepStratAI and hit the bell icon. Let's turn that "Pass" into a "Distinction."#NISMSeriesXII #Chapter1 #SecuritiesMarkets #SEBI #FinancialEducation #DeepStratAI #AudioLearning