Retail investors should stay invested for long: Sebi Chairman

PTI New Delhi

India is in a reasonably good spot despite global headwinds and retail investors should stay invested for long market volatility notwithstanding, Sebi Chairman Tuhin Kanta Pandey said on Tuesday.  India has shown a lot of resilience ever since the tariff war began to impact markets worldwide, "I would suggest that...despite the global headwinds, India is in a reasonably good spot," the markets regulator said, highlighting the economic strength of the country.

These include consistent economic growth, low fiscal deficit, reasonable external debt, no twin balance sheets problem and manageable current account deficit, among others, he said, adding that the country is also negotiating various bilateral trade deals.

"No doubt, there are global headwinds, arising from the geoeconomic fragmentation in the past as well as trade actions, especially by the US," he said. Over the impact of the ongoing volatility,  he acknowledged that many such investors have joined the journey recently and have not seen any downturn.