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Recovery in markets after Covid-19 pandemic shock is broad-based: Sebi chief Ajay Tyagi

Sebi chairman Ajay Tyagi on Wednesday said there are some positive aspects as well in it, and termed the recovery in the capital markets as broad-based.“We have observed that recovery has been broad-based.

It is not just large caps but the mid and small cap shares have also recovered," Tyagi said.It can be noted that after a massive correction after the WHO announced COVID-19 as a pandemic, markets have recovered swiftly and are near their all-time highs of January 2020.Even within the indices, the recovery is not just in heavyweight stocks but across the board, Tyagi said, adding that 90 per cent of the stocks on the NSE have yielded positive returns in 2020.He acknowledged that there have been talk of the market movements being fuelled by

. covid-19 pandemic economy shock

Ajay Tyagi

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