SEBI to educate investors

Agartala, May 27:

Market watchdog Securities and Exchange Board of India (SEBI) will soon launch a nationwide campaign to educate investors to make the market more disciplined and transparent, SEBI chairman M Damodaran said today.

“Investors, before making investments, should know how much risk is involved, what would be the return and benefits, and the legal procedure of their investment,” said Damodaran, who is on a four-day long visit to Tripura. “The education campaign for investors would be launched from the year-end,” he said.

The official noted that there should be more registered investors associations, who can take up the task of sensitising probable investors, as SEBI alone won’t be able to provide proper education to the huge number of investors across India.

Till last year there were eight registered investors associations in the country and now it has increased to 28, he said. Damodaran, who was former Tripura chief secretary, claimed that India’s stock markets were more discipli-ned, organised and enabled speedy transaction compa-red to other developed nations. SEBI is extra vigilant when a new firm starts business.