Confidence growing in stock market, says FM Nirmala Sitharaman

FM said the market has its own understanding of what it deals with the companies

Union Finance Minister Nirmala Sitharaman on Friday said confidence was growing in the Indian stock market, on a day when the BSE Sensex closed above 60,000 points for the first time.

Addressing the media at an event here, to a question on the stock market, she said the market has its own understanding of what it deals with the companies.

The finance minister said there is transparency in the listing process of companies and related regulations.

She said “today retail and small investors are taking keen interest in the stock market and investing in it. Earlier, retail investors were participating through mutual funds".

“Now