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Indian markets better in performance & volatility: SEBI Chairman

UNI India-English 2018-12-07 17:31:00

Mumbai, Dec 7 (UNI) The performance of Indian capital market compares favourably with the other major global markets on parameters such as indices’ returns, volatility and currency movements despite challenging domestic and global environment, said Ajay Tyagi, Chairman, Securities and Exchange Board of India (SEBI), while inaugurating the 9th Financial Markets Summit organised by the Confederation of Indian Industry (CII).

Globally, capital markets have been quite volatile during the current year and are likely to remain so in coming times on account of various factors, Mr Tyagi added.

Buttressing his point, Mr Tyagi said, “During April to November 2018, return of NIFTY has moved up by about 6.5 per cent; though trailing the return of Dow Jones (8 per cent), it is higher than the return of stock indices of other countries such as UK (- 1 per cent), China (-18 per cent), Brazil (5.7 per cent) and Japan (4.5 per cent).”