New Delhi. The bullish trend in the stock market continues. The stock market is setting new records every day. Today too, the market has opened at its all-time high. The Chief Justice of the country DY Chandrachud has advised the market regulator (SEBI) and SAT regarding the bullish trend in the market.

The Chief Justice said that SEBI and SAT should be cautious about the ongoing boom in the stock market. Both these institutions should ensure that the backbone is in place. Here the backbone refers to the stock market.

While inaugurating the new SAT complex, CJI Chandrachud advised the authorities to consider opening a new bench of SAT. Referring to a newspaper article, Chandrachud said that while India is entering the "stratospheric domain", the regulatory authorities should ensure that every action is done according to the law.

SEBI and SAT should be alert

CJI Chandrachud says that the more the stock market grows, the more the role of regulatory institutions will increase. Regulatory institutions will have to take special care that all activities in the market should be done legally.

He said appellate forums like Sebi and SAT are of "immense national importance" in promoting a stable and predictable investment climate, and explained how this could benefit the country's economic growth.

Chandrachud said that when investors feel assured that their investment is protected by law, then there is a greater possibility of investing in the country's markets. The more the inflow in the market, the more it benefits the country along with the investors.

He said as the number of market participants and transaction volumes have increased, cases of regulatory non-compliance may also emerge.