Table 4.2
                                  Stock market indicators
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	               Index1          	Price/Earn Ratio  Average Daily   Market
Indicator	Sensex	   Natex	Sensex  Natex	  Turnover (BSE)  Capitalisation2
				 	                       Rs. Crore        Rs. Crore
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1995
    
April	   	3359.27    1631.55	27.84	31.84	      127	  494908
May	   	3206.09    1539.44	29.78	32.65	      112	  495414
June	   	3336.46    1570.48	18.03	21.11	      194	  506780
July	  	3334.86	   1550.57	19.32	21.54	      242	  505592
August	 	3402.81	   1568.33	18.41	20.21	      244	  547424
September 	3396.37	   1555.07	18.67	20.15	      239	  576977
October	 	3528.10    1603.84	17.83	18.61	      267	  563721
November 	3172.02	   1442.54	15.44	16.17	      183	  472942
December        3060.05	   1406.95	15.99	16.95	      239         486192
	  
1996

April		3599.66	   1649.60	19.57	20.14	      371	  636868
May		3732.20    1701.17	19.25	19.85	      436	  563739
June		3906.72	   1771.88	19.56	20.29	      602	  576973
July		3668.21    1676.60	16.86	17.69	      646	  545150
August		3449.17	   1575.49	14.34	15.80	      380	  540340
September	3390.11	   1522.17	13.19	14.17	      347	  518266
October	        3154.38	   1407.96	12.50	12.11	      422	  495440
November	3052.83    1360.42	11.34	11.03	      347	  452989
December	2918.68	   1290.21	12.20	11.78	      386	  477425
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1 Average for the month.  Sensex (Base 1978-79=100) Natex
  (Base 1983-84=100)  
2 Estimated for all India.
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From the database of Ministry of Finance disseminated on Internet through NICNET