May 03, 2011

Press Release No. 1

Extended Trading Session for Gold ETF's on Akshaya Tritiya on May 6^th

The National Stock Exchange [NSE] and Bombay Stock Exchange [BSE] have jointly decided to have an extended trading session for gold exchange traded funds, after trading concludes in the cash and derivative segments at 3.30. While trading can be done on gold ETF’s in the normal market hours from 9.15 am to 3.30 pm, trading in gold ETF’s will resume at 4.30 pm on May 6^th and will continue till 9 pm to give an opportunity to investors to invest in the yellow metal till late in the night.

Akshaya Tritiya is considered an auspicious occasion to buy gold and in an uncertain economic environment, a lot of investments are going into gold in India and abroad.

Last year, Akshaya Tritiya was on a Sunday and the exchanges had kept trading open till 5 pm..

Trading in the other segments will continue in the normal market hours on Friday.

Gold prices have risen more than 22% CAGR since April 2007; 10 gm of Gold that cost Rs. 9,357 in April 2007 are now priced at an all time high of Rs 22,060 for 10 grams.

Statistics suggest that the assets under management for Gold ETFs stand at Rs. 4,400 cr. as on March 2011, a whopping 176% rise since March 2010. Their total traded value on NSE for FY07 which stood at Rs. 13.95 cr has grown to Rs. 4,074.30 cr. for FY11, a high growth of 313% CAGR.

NSE had recently launched a website to create awareness among small investors and institutional investors on the advantages of gold ETF’s, in comparison to physical gold.

They offer 99.5 % purity, high transparency because they are traded on the exchange platform, low costs of trading to the investor and tax benefits because they don’t have to pay wealth tax, VAT, sales tax or securities transaction tax. An investor can invest in very small amounts and physical delivery is possible for units equivalent to a kg of gold and above.

Press Release No. 2

Clarification by Timken India Limited

Substantial increase in trading volume has been observed in Timken India Limited.

The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company.

Timken India Limited has vide its letter inter-alia stated, “All applicable filings have duly been made to the Stock Exchanges. Further, we have no impending announcements that would affect volume."

Press Release No. 3

NSE completes its 2794^th Normal Settlement

The Exchange has successfully completed its 2794^th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2011080 on May 03, 2011. The settlement statistics are as follows:

Particulars	Value
	N-2011080
Total traded quantity (lakhs)	7120.97
Total traded value (Rs. In Crores)	13435.46
Total value of the settlement (Securities) (Rs. In Crores)	4823.73
Total value of the settlement (Funds) (Rs. In Crores)	1694.90
Shortages for the settlement	0.26%
% of Delivery ( No. of shares deliverable / No. of shares traded )	34.95%

Retail Debt Market has completed its 2067^th settlements, details of which are as follows:

Settlement No.	Traded Value	Settlement Value
		Securities	Funds
D- 2011080	NIL	NIL	NIL