He, however, cautioned that there is no room for complacency.
«While we celebrate the growth of domestic investors, it does not mean we do not need foreign investments. We need foreign investment. We have to ensure that we remain an attractive destination to draw in investment across the globe so that we can fund future growth,» Narayan said at the CII Global Economic Policy Forum 2024.
He also said that this inflow from retail and fresh investors should not be taken for granted.
«We have to nurture the golden goose. We are worried about young people, many of them have not seen investment cycle or capital market downside (investing in market), Narayan said while wondering that if there is adequate risk awareness. The regulator, he said, is working with AMFI, exchanges and clearing corporations to increase investor awareness.
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