A share is part-ownership. Shares trade on exchanges (NSE, BSE) and prices follow demand and supply. Shares can gain or lose, and spreading money lowers one-company risk.
Crypto tokens live on blockchains and aren't issued by central banks. Prices are very volatile, rules change, and scams are common. This lesson is explanation, not advice.
Derivatives are contracts about future prices. Futures must be completed, options give a right for a fee. Leverage makes them risky and complex.
What you'll learn
Lesson 12.1
Owning a Slice
Hina's family bakery is a hit. To open two more shops, they need money. What if ordinary people could own a small slice of the bakery?
You'll learn: How the stock market works, at a basic level.
Shares: A share is part-ownership. Companies sell shares to raise money.
The Market: Shares trade on exchanges. Prices move with demand and supply.
Gains and Risks: Shares can gain or lose. Dividends aren't guaranteed. Spreading reduces one-company risk.
Lesson 12.2
Crypto: Digital Tokens
Jay and Lina keep a shared notebook where everyone in their club can see who owns how many digital stamps. No teacher holds it. That's the idea behind crypto.
You'll learn: What crypto is and why it is risky.
The Shared Notebook: A blockchain is a shared record. Crypto is digital tokens recorded on it.
Prices That Jump: Crypto prices are very volatile, and losses can be large.
Rules and Scams: Rules change, scams are common, and keys must stay secret.
Lesson 12.3
Contracts About Prices
Before the season, a mango farmer and a juice maker agree: 'You'll buy my mangoes for ₹50 a kilo, whatever the price is then.' What if the market price ends up higher? Lower?
You'll learn: What derivatives are and why they are risky.
A Promise About the Future: A derivative fixes a future deal. One side gains and the other loses as prices move.
Futures and Options, Briefly: Futures must be completed. Options give a right and cost a fee.
Why They're Risky: Leverage magnifies gains and losses. Derivatives are complex.
Final challenge
Markets Explained
Hina, Jay, Lina and the mango farmer showed you three corners of the market. 10 quick questions!
Try a question
From lesson 12.1: Owning a Slice
What is a share?
A coupon
A loan to a friend
A small slice of ownership in a company
Show the answer
A small slice of ownership in a company. A share is part-ownership.
Learn it the Yukti way
Every lesson is a short story told in scenes, with a quick question after each idea and a review at the end. Wrong answers come with a clear explanation, and Practice brings them back until they stick. Examples use Indian rupees and Indian rules, and show in your own currency in the app.
Yukti is for education only, not financial advice. It teaches general ideas and doesn't recommend specific products. Spot a mistake? Email support@yukti.finance and we'll fix it.
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