‘Indian markets fare better on volatility than peers’

MUMBAI: The performance of the Indian capital market compares favourably with those of other major global economies, the chairman of the Securities and Exchange Board of India

(Sebi), Ajay Tyagi, said on Friday. Indian markets do better on parameters such as returns on equities, volatility and currency movements compared to global peers, he said at the Financial Markets Summit organized by the Confederation of Indian Industry (CII). “The volatility in Indian equity market at 12% is among the lowest compared to major developed and emerging markets like the UK (12%), the US (16%), China (19%), Japan (17%), South Korea (14%), Hong Kong (19%) and Brazil (21%),” said Tyagi.