Is capital market the same as financial sector

No, the capital market and financial sector are not the same thing. The financial sector refers to the entire industry that deals with financial transactions, including banks, insurance companies, and investment firms. The capital market, on the other hand, is a specific segment of the financial sector that deals with the buying and selling of long-term debt and equity instruments, such as stocks and bonds. While the capital market is a key component of the financial sector, the two terms are not interchangeable.