The government said on Tuesday that market regulator Securities and Exchange Board of India has not received any information about participation of terrorist organisations in the Indian stock exchanges.
"Sebi. . .has not received any information from stock exchanges about any evidence of the participation of terrorist organisations in the Indian share market," minister of state for finance Namo Narain Meena told the Rajya Sabha in a written reply.
He said the movement in stock market indices is due to perception of the economy and other factors like domestic and international events, market sentiments, corporate performance and future economic growth.
"The price movement of stock is left to the market forces to determine and Sebi does not intervene in the market or try to regulate or influence the prices in any manner," the minister added.
However, he added, the market regulator keeps a constant vigil on the market and takes appropriate action when required.
To another query he said, post-Mumbai attack, the government has taken a slew of measures for sharing information and intelligence between paramilitary forces and various law enforcement agencies working in the international border area.
Image: The Bombay Stock Exchange
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