Tuhin Kanta Pandey of SEBI (India’s securities regulator) said India is a highly diversified market, even as global valuations shift toward artificial intelligence, chips, and memory-related sectors.
SEBI (India’s securities regulator) Chairman Tuhin Kanta Pandey said India’s broad market diversification remains a structural strength amid questions about the country’s position in global market-cap rankings. His comment came as global valuations rotate toward artificial intelligence, semiconductor chips, and memory businesses, areas that have attracted investor attention in many equity markets. The statement emphasizes market composition rather than a crypto-specific development, highlighting how sector concentration can influence relative market-cap performance across countries.