SEBI Chairman says, recovery being seen in capital markets
NEW DELHI [Maha Media]: Securities and Exchange Board of India Chairman Ajay Tyagi has said that recovery is being seen in capital markets, across the board. Virtually addressing the CII Financial Markets Summit, Mr. Tyagi said, not just large-caps and heavyweight stocks but midcap and smallcap stocks have recovered.
He said, the regulator’s timely decisions to contain volatility during the pandemic helped the markets, adding that the board will continue to remain vigilant to all eventualities.
The SEBI Chief further informed that more than 3.8 crore rupees have been raised in debt markets, a 25 per cent rise as compared to last year. Mr. Tyagi added that almost 90 per cent of NSE stocks have yielded positive returns this year. He also dwelt upon making the corporate bond market more robust and strengthening the Investor Protection Fund.