English: An investment in bonds, debentures, or other fixed-income instruments can be a smart move when looking for fixed income. For conservative investors, it makes sense to diversify beyond the stock market into fixed-income investments that can provide current income and capital appreciation. In India, it is possible to make investments in various bonds. Like stocks, bonds are sold in two ways that are primary and secondary. Bonds can be purchased on the primary market, or in the secondary market (where they can be exchanged) when included in the secondary market.