Stock market kaise kaam karta hai, exchange, broker, order matching — complete Hindi guide beginners ke liye.
Published by The Retail Trader · AUG 07, 2026 · Features
Stock market kaise kaam karta hai, exchange, broker, order matching — complete Hindi guide beginners ke liye.
Simple Explanation:
• Company shares issue karti hai (IPO se)
• Tum shares kharidte ho (broker ke through)
• Price badhta hai (demand/supply se)
• Tum bechte ho (profit book karo)
Ye chhe baatein dhyaan mein rakho:
• Company — Shares issue karti hai
• Stock Exchange — Trading platform (NSE/BSE)
• Broker — Tumhara intermediary (Zerodha/Groww)
• SEBI — Regulator (market protect karta hai)
• Depository — Shares store karta hai (CDSL/NSDL)
• Investor — Tum (buy/sell karte ho)
Ye baatein dhyaan mein rakho:
• Tum order dete ho (buy Reliance @ ₹2,500)
• ↓
• Broker order exchange ko bhejta hai (NSE)
• ↓
• Exchange matching engine find karta hai seller
• ↓
• Match hua → Trade executed
• ↓
• Depository mein shares credit hote hain (CDSL)
• ↓
• T+1 settlement (paisa/shares next day)
Zyada log kharidna chahte hain, kam bechna chahte hain → Price badhta hai.
Zyada log bechna chahte hain, kam kharidna chahte hain → Price girta hai.
Example:
• Reliance quarterly results achhe aaye → Demand badhi → Price ₹2,400 se ₹2,600
• Bad results → Supply badhi → Price ₹2,400 se ₹2,200
Ye chaar baatein dhyaan mein rakho:
• Pre-open — Time: 9:00-9:15 AM, What Happens: Order collection, opening price
• Normal — Time: 9:15 AM-3:30 PM, What Happens: Regular trading
• Closing — Time: 3:30-3:40 PM, What Happens: Closing price calculation
• Post-close — Time: 3:40-4:00 PM, What Happens: AMO orders accepted
Ye paanch baatein dhyaan mein rakho:
• Market — Current price pe buy/sell
• Limit — Specific price pe buy/sell
• SL (Stop Loss) — Trigger price pe order
• AMO — After market hours order
• GTT — Good Till Triggered (long-term)
Ye baatein dhyaan mein rakho:
• 📌 STOCK MARKET KAISE KAAM KARTA HAI
• ECOSYSTEM:
• 📊 Company → Shares issue
• 📊 Exchange → Trading platform (NSE/BSE)
• 📊 Broker → Your intermediary
• 📊 SEBI → Regulator
• 📊 Depository → Shares storage (CDSL/NSDL)
• ORDER FLOW:
• 📊 Tum order → Broker → Exchange → Match → Execute → Settlement
• PRICE MOVEMENT:
• 📊 Demand > Supply → Price UP
• 📊 Supply > Demand → Price DOWN
• TIMINGS:
• 📊 Pre-open: 9:00-9:15 AM
• 📊 Normal: 9:15 AM-3:30 PM
• 📊 Settlement: T+1
• ORDER TYPES:
• 📊 Market — Current price
• 📊 Limit — Specific price
• 📊 SL — Trigger price
• 📊 AMO — After market hours
Ye baatein dhyaan mein rakho:
• Share Market Kya Hai? | Demat Account Guide | Trading Account Guide
The Retail Trader — educational market analysis. Not investment advice.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.