Investors should collect information and study fundamentals of corporates before taking decisions about the investments, SEBI chairman G N Bajpai said.
Indian economy is growing on a sound footing in the light of a slew of policy and systemic reforms initiated by the government, Bajpai said.
Earlier, regulatory sources said the current upturn in stock market and its ability to withstand the sudden drop on May 17 and fallout of developments in Reliance group showed robustness of the systems.
The market is much broad and now, no particular listed entity or companies from a group could act as a trendsetter, sources added.