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1. Stock exchanges

2. Brokers

3. Sub brokers

4. Custodians

5. Depositories, depository participants

6. Merchant bankers

7. Bankers to the issue

8. Underwriters

9. Registrars to the issue

10. Portfolio managers

11. Mutual funds

12. FIIs

13. Debentures trustees

14. Credit rating agencies

15. Collective investment schemes

16. Venture capital funds

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Q: Who are the participants in the capital market?
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