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Madhabi Puri Buch said that the capital market regulator has no need to comment on the huge decline in small and midcap shares. In March last year, Buch, citing his statement on the high evaluation of these shares, said that when SEBI felt the need.
Mumbai . Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), said on Friday that the capital market regulator has no need to comment on the huge decline in small and midcap shares. In March last year, Buch, citing his statement on the high evaluation of these shares, said that when SEBI felt the need for it, he expressed his concern over the high evaluation.
He said at an AMFI program here, “Regarding midcap and smallcap, I believe a time came when the regulator felt the need to comment on it and commented. Today, the regulator does not feel any need to make additional comments. ”In a rare comment from the regulator in March 2024, Booch expressed concern about high evaluation in both sections. Some stocks have fallen by more than 20 percent in a row. Meanwhile, Buch also said that the regulator has no intention of making the systematic investment plan of Rs 250 recently launched for the 'Fund House'.
Disclaimer: Prabhasakshi has not edited this news. This news has been published from the feed of PTI-language.
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