Agencies

New Delhi, Dec 5: The government is keeping a watch on a person who is suspected to have used the booming Indian share market for terror funding. 

“Recently one case has come to our notice. It is suspected that it may be linked to a person under watch. I cannot divulge further details,” finance minister P Chidambaram told the Rajya Sabha on Tuesday. 

He was answering a question by BJP member Ravi Shankar Prasad, who asked whether the government is aware of money being poured into the stock market by terrorist outfits. 

Prasad said national security adviser M K Narayanan too had raised concerns over the possibility of markets being used by terrorists. 

The share market has witnessed a sharp rise over the last few months with the sensex touching the 20,000 mark. 

The rally has been mainly led by foreign institutional investors (FIIs), who have brought in nearly $68 billion ($65.18 billion through equity and $2.7 billion through debt) till November 29, 2007.