Lok Sabha Question No. 4007 (UNSTARRED), answered on 2016-12-09
Subject: Data of Share Markets
Ministry: FINANCE
Asked by: PR. SENTHILNATHAN, P.R. SUNDARAM

## Covernment  of lndia Ministry of Finance Depaftnrent  of Economic  Affairs

## LOK SABHA UNSTARRED  QUESTTON  NO. 4007

## To BB ANSWERED oN FRIDAY,  g'n  DECEMBER,2016/ AGRAHAYANA 18, t93B (saka)

## DATA OF SHARE MARKETS

## OUESTION

## 4007. SHRI PR. SENTHIL  NATHAN: SHRI P.R. SUNDARAM:

Will the Mirrister of FINANCE  be pleased to state:

- (a) wlretherthe  Covertttnent  lras complete  data of tlre rnoney invested  in share  markets and scrips of blue chip conlpantesl
- (b) if so. the details thereof:
- (c) whether the Governtnent has any system to check. monitor and curb any malpractices  and illegal transactions  by companies  in share  rnarkets;
- (d) if so. the details thereof: and
- (e) the steps  taken by tlre Covernrnent  to protect the interests  of the people  involved in share markets  and related business?

## ANSWER

## MINISTER OF STATB IN THE MINISTRY OF FINANCE (SHRI ARJUN RAM MEGHWAL)

(a) and (b): Yes Madam. The Securities and Exchange Board of India (SEBI) has infonned that as per the information  available  with the Depositories, as on 30'r'November,20l6. the National Securities Depository Linrited (NSDL) had 1.51.91,977 investor  accor.rrrts  with a denrat custody  value of Rs. 1,3n,13,387  crores wlrile  tlre Central Depository Services (lndia)  Limited  (CDSL) had 1.16,92"03  I investor  accounts with a demat custody value of Rs. 1.58.50.980  crores. ln aggregate. the total number of investor accounts vras 2,68,84,008 rvitlr a demat  custody  value  of Rs 2.89.64.367  crores  (a single investor may open multiple dema{  accounts).

Nifty Index is a major stock irrdex introduced by the National Stock Exchange  (NSE)  consisting of the top 50 companies listed  on the NSE. while the Sensex Index, introduced  by tlre Bornbay  Stock E>lchange  (BSE), cotrsists  of tlre top 30 companies  listed on BSE. SEBI has stated  that as per the information  furnished by NSE and BSE, the total market capitalisatiorr (the market  value of a company,  which is calculated  by multiplying  its current  share price or market price by the nunrber of shares) of thg cornpanies constituting  the Nifty Index  and Sensex as on 30tr'November.20l6  rvas Rs. 57,36"183 crores and Rs.24,35.650  crores  respectively. The totat turnover (transactiorrs)  in these companies  constituting the Nifty and Sensex Indices for tlre FY 2016-17  (upto 30'r' November  2016) was Rs. 14.57.409 crores and Rs. 1.02.909  crores respectively

(c), (d) and (e): Yes Madam. SEBI as well as the stock exchanges lrave put in place surveiltance  mechanisms to monitor the trading in stock exchanges.  SEBI rnaintains constant  vigil in the nrarket and in case of any abnonnality,  takes appropriate action against the concerned errtities. The systems and practices  instituted like, advanced risk management  mechanisms,  various  limits on positions. margin  requirements,  circuit filters. etc. promote  a safe, transparent  and efficient  market and protects  market integrity. Furlher. the systems  and practices are reviewed continuously  and modified to nreet emerging  needs.

SEBI has also beerr conducting regLrlar rneetirrgs  with otlrcials of the stock exchanges arrd depositories  wherein SE,BI  has advised tlrem to step up their own surveillance measures  and to initiate expeditious demonstrative action wherever  warranted  so as to protect investors' interest and ensure orderly  functioning  of the stock market. Furtlrer, SEBI undertakes  various  investor education and financial education  progranrmes  across tlre country,  to enable investors take informed  investment decisions.