India, March 14 -- Market regulator Securities and Exchange Board of India (SEBI) chairman Tuhin Kanta Pandey has advised investors to remain patient amid the ongoing phase of market volatility.

Global markets have been under pressure due to escalating tensions in the Middle East.

"For many investors-especially retail investors-the best strategy during such periods of uncertainty is to remain patient," he told Moneycontrol.

Pandey added that phases of extreme market turbulence do not last forever.

"The real test of a market is not whether volatility appears. The real test is whether the system continues to function smoothly, fairly and efficiently when it does," he said.

Meanwhile, Dalal Street witnessed a sharp sell-off on Friday, e...