Concept:
SEBI (Securities and Exchange Board of India) is the regulatory authority for securities markets in India.
Step 1: Objectives of SEBI.
- Protection of investors: Safeguards the interests of investors against fraud and unfair practices.
- Regulation of securities market: Ensures fair and transparent functioning of stock markets.
Step 2: Conclusion.
Thus, SEBI aims to protect investors and regulate the securities market efficiently.