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The Market in which shares are issued and traded through exchanges is equity market or stock market. There are 2 main exchanges which are NSE(National Stock Exchange) and BSE(Bombay Stock Exchange) Equity market is a meeting point of buyers and sellers of stocks. The securities trades in equity market of NSE or BSE are public limited companies stocks. Additionally, derivatives allow equity to diversify beyond just shares into securities such as bonds, commodities and currencies. It is possible to minimize risks and maximize profits through the use of equity derivatives, specifically by trading in the Options market