Business Standard

Market volatility to continue on hardening of US bond yields: Sebi chief

External factors pulling down markets; new corporate borrowing rules by Sept, says Ajay Tyagi

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Ajay Tyagi

Somesh Jha New Delhi
Securities and Exchange Board of India (Sebi) Chairman Ajay Tyagi on Saturday said the volatility in stocks was likely to continue but added there were no issues with the risk-management systems. He said the ongoing turbulence in the market was due to external factors, such as hardening of US bond yields, which were beyond its control.

The Indian market came off by 6 per cent from its all-time high, touched on January 29, amid a sell-off in global equities.


“Everyone has to deal

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