Sebi Chairman Tuhin Kanta Pandey advised investors to stay calm amid global market volatility, emphasizing India’s strong domestic fundamentals. He highlighted the increasing participation of domestic investors, including individuals and mutual funds, in equities, now holding 36% of Nifty 50 free-float market capitalization. Meanwhile, NSE plans to appoint investment bankers for its IPO this month.
RBI seeking to curb yields buys bonds at a premium
The Reserve Bank of India purchased bonds at higher prices than the market on Monday. This move aimed to control bond yields during a period