What is the Capital Market?
A capital market is a combination of the stock market and the bond market issuing debt securities such as bonds and debentures, in addition to stocks.
http://wikiuncle.com/index.php?title=Capital_Market_vs_Stock_MarketI found an article which may help you to understand difference between different markets,
When referring to a capital market, it is important to note that the term can refer to a rather broad range of products and services that are associated with finances and investments. To that end, a capital market will include such components as the stock market, commodities exchanges, the bond market, and just about any physical or virtual facility or medium where debt and equity securities can be bought or sold. As a market for securities with a very broad reach, the capital market is an ideal environment for the creation of strategies that can result in raising long-term funds for bond issues or even mortgages. At the same time, the capital market provides the medium for short-term fund strategies as well. Essentially, any type of financial transaction that is meant to result in the buying and selling of securities and commodities for profit can rightly be considered part of the capital market. Institutions are also part of the framework of the capital market. Stock exchanges are on
