Stroma, in botany, refers to the colorless fluid surrounding the grana within the chloroplast. Within the stroma are grana (stacks of thylakoid), and the sub-organelles or daughter cells, where photosynthesis is commenced before the chemical changes are completed in the stroma. Photosynthesis occurs in two stages. In the first stage, light-dependent reactions capture the energy of light and use it to make the energy-storage molecules ATP and NADPH. During the second stage, the light-independent reactions use these products to fix carbon by capturing and reducing carbon dioxide.