Securities and Alternate Board of India (SEBI) Chairman Tuhin Kanta Pandey mentioned the first market is wholesome and investor confidence is increased in comparison with the state of affairs 5 years in the past, however there’s extra scope to extend reputation amongst traders.
“The well being of our main market stays sturdy. In FY25, Rs 4.6 trillion was raised by means of the inventory market. This fiscal 12 months, the inventory market has already raised Rs 2 trillion. Distinctive traders are over 135 million, up from simply 38 million in FY19, demonstrating their confidence in our market,” Pandey mentioned whereas talking at an occasion held on November 7 in Mumbai.
He mentioned that regardless of the rise within the variety of distinctive traders, the market as an funding automobile has not improved. “Our investor analysis exhibits that whereas 63% of households are conscious of securities merchandise, solely 9.5% make investments.Moreover, 80% of households proceed to be risk-averse, reflecting their worry of loss.That’s the place our alternatives and challenges lie. There’s a deep properly of home capital ready to be tapped, and we urge the business to make the most of this chance to lift capital, create worth for all stakeholders, and assist decide the way forward for our economic system.”
He additionally talked about efforts to shorten IPO timelines and size-based approaches based mostly on minimal public shareholdings, citing them as efforts to streamline the capital elevating course of.
Months after reviews of derivatives market manipulation by US-based hedge fund Jane Avenue, Pandey assured that SEBI is taking a extremely data-driven strategy to derivatives, alongside current measures to deal with the challenges in a step-by-step method. “We’re centered on deepening the spot inventory market to advertise capital formation,” he mentioned.
He additional highlighted the significance of home investor participation by means of mutual funds, plans to strengthen cybersecurity, and concluded that SEBI’s position is as a “guardian of market confidence”.
