<div id="readability-page-1" class="page"><div id="parent_top_div">Sebi chairman Tuhin Kanta Pandey on Saturday urged investors, especially retail ones, to remain patient, terming it the &#34;best strategy&#34; in uncertain times. In remarks made amid the Middle East conflict-induced selling pressures in the markets, Pandey said past episodes of turbulence in markets like the onset of the Covid-19 pandemic or the Russia-Ukraine conflict have shown that things stabilise eventually. The Sebi chief said global efforts are underway to restore stability, even as the ongoing tensions in parts of the world have created uncertainty in energy markets. &#34;For many investors -- especially retail investors -- the best strategy during such a period of uncertainty is to remain patient,&#34; Pandey said, speaking at an event here. The chief of the Indian capital markets regulator acknowledged that &#34;uncertainty&#34; dominates the global economic landscape, and added that the same is triggered by technology changes with the adoption of artificial intelligence and geopolitical tensions. Citing past experience, Pandey said, &#34;Markets experienced turbulence ... but they eventually stabilised.&#34; He went on to say that uncertainty is not an exception but a recurring feature in financial markets, and added that the real test of a system is to check if it continues to function smoothly, fairly and efficiently in the face of challenges. &#34;In uncertain times, the strength of a capital market does not lie in the absence of volatility. Volatility is a natural feature of markets. The real strength lies in the confidence that the system will function fairly, transparently and efficiently even during periods of stress,&#34; he said. India's capital markets can navigate the uncertainty and also emerge stronger if we continue to strengthen our institutions, deepen participation and uphold governance, he said. Efficient capital markets play a stabilising role in an uncertain world by sustaining investor confidence, enabling transparent price discovery and absorbing shocks, he said. &#34;Efficiency is the foundation of trust in the financial system. Without that trust, capital hesitates. Investment slows. And growth becomes more difficult to sustain,&#34; he said. The Indian capital markets have deepened and become more resilient over the last decade, Pandey said. In an era when markets are reacting instantly to narratives, the key question policymakers and market participants are grappling with is how to ensure speed doesn't compromise stability, Pandey said. Underlining that regulations alone cannot deliver efficient markets, Pandey said it is a shared responsibility which requires the collective commitment of the entire ecosystem.</div></div>

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印度證券交易委員會主席圖欣·坎塔·潘迪呼籲散户投資者在全球市場不確定性中保持耐心，提到過去市場動盪的例子，如新冠疫情和俄烏衝突。他強調，不確定性是金融市場的一個反覆出現的特徵，資本市場的強大在於它們在壓力下能夠高效運作。潘迪指出，投資者信心和高效的資本市場在應對不確定性中至關重要，並表示僅靠監管無法確保市場效率，這需要整個生態系統的共同承諾

Sebi chief urges investors to stay patient amidst global market uncertainty

- 印度證券管理局主席 Tuhin Kanta Pandey 呼籲投資者保持耐心。  
- 他表示，在不確定時期，耐心是最好的策略，歷史證明市場最終會穩定。  
- Pandey 強調資本市場需持續強化機構、加深參與和維護治理。

Sebi 負責人呼籲投資者在全球市場不確定性中保持耐心