Finance Minister Jaswant Singh is keeping an eye on the stock market, particularly after the 213-point fall of the Bombay Stock Exchange Sensex on Tuesday.

According to government sources, Singh held a meeting with senior finance ministry officials, including Finance Secretary DC Gupta, to take stock of the equities market.

They said the capital market watchdog, the Securities and Exchange Board of India, has been asked to scrutinise Tuesday's fall and check if there were instances of malpractice.

Sebi does send out a daily report of the market movement and the volatility witnessed in key stocks. The report provides information about the top gainers and losers in the market every day and also the rise or fall in key sectoral indices.