While the stock market faces sharp swings amid soaring oil prices and bond yields since the onset of the Middle East conflict, Sebi Chairman Tuhin Kanta Pandey said Indian markets are not vulnerable despite the unprecedented global headwinds.
Speaking at the APMI Annual Conference, Pandey said the magnitude, concentration and unpredictability currently seen at the global level occur only once in a decade. He remained optimistic, however, saying India’s macroeconomic indicators have a solid foundation.