Don't consider equity market as market of speculators: Sebi

Posted By: Religare
Subscribe to GoodReturns

Don't consider equity market as market of speculators: Sebi
Struggling hard in its aim to increase the number of retail investor in the stock exchange market, Securities and Exchange of India declared that the equity market is not meant for speculators. Sebi further claims that the retail investors are important as Indian retail investments hold as much as of 8% of the total equity funds as compared to the 20-30% participation contributed by countries like China, South Korea and Brazil.

Therefore, the acknowledging the lack in increasing the number of retail investors in the capital market, (Sebi) Chairman UK Sinha confesses that it is high time to remove bottlenecks from the system. He further admits that the Sebi is now is strategizing to simplify the market investment procedure, as it believes that this would lead to more retail participation.

Simplifying the IPO form that is currently printed in fine print could possibly be a kind of simplifying the market procedure. Sinha, also said that with aim of setting up a world-class facility for surveillance of activities in the capital market, Sebi has also undergone some technical advancement.

Stating about the strategy that could be followed, Sinha mentioned that the conversion of the savings money into investments could result in a fruitful economic growth. Additionally, permission to invest the pension amount fund in the equities could help the capital market get 1.5% more funds if 15% of the pension fund money was invested in the capital market.

Read more about: sebi, stock, investment, ipo
Story first published: Friday, June 3, 2011, 9:30 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'