The primary function of a stock market is to provide a platform for the buying and selling of securities, primarily stocks or shares, issued by publicly traded companies. It serves as a marketplace where investors, both individual and institutional, can participate in the ownership of these companies. Companies list their shares on stock exchanges to raise capital for expansion, research, and other business activities. Investors, in turn, can buy and sell these shares, facilitating liquidity and price discovery.

The stock market plays a crucial role in capital formation and economic development by connecting companies in need of funds with investors seeking opportunities for potential returns. It provides a mechanism for companies to access a broader investor base, and it allows individuals to participate in the growth of various industries. Additionally, stock markets contribute to overall economic stability by reflecting the health and performance of businesses, serving as a barometer for economic conditions.

The primary function of a stock market is to facilitate the buying and selling of stocks, providing a platform where companies can raise capital by issuing shares, and investors can purchase these shares to own a stake in the company. This marketplace enables price discovery, where the value of a company's stock is determined by supply and demand dynamics. It also offers liquidity, allowing investors to quickly convert their stocks into cash. Additionally, the stock market plays a vital role in the economy by allocating resources efficiently, channeling funds from savers to businesses needing capital for growth and expansion. It also serves as an indicator of economic health, reflecting investor sentiment and broader economic trends through stock prices.