Markets regulator Sebi is looking to enhance institutional participation in agricultural and non-agricultural commodity markets to make them more attractive for hedging, its chairman Tuhin Kanta Pandey said on Thursday.
Speaking at the Bloomberg Forum for Investment Management, Pandey said that strengthening India's agri and non-agri commodity markets is important for Sebi.
"We are looking to enhance institutional participation to make this market more attractive for hedging," he added.
He also said, "Deepening our cash equities market and improving the derivatives market is a high priority for us". Further, the regulator would be thoughtful and consultative in proposing further measures to improve these markets.
Last month, Pandey had stated that Sebi will "engage" with the government