July 04, 2007

 

Press Release no.1

Market-wide Position Limit in ARVINDMILL

 

The derivative contracts in the underlying ARVINDMILL has crossed 95% of the market-wide position limit on July 04, 2007. It is hereby informed that all clients/ members shall trade in derivative contracts of ARVINDMILL by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.

 

 

Press Release no.2

Trading Member declared as defaulter – Madan & Co Limited

 

National Stock Exchange of India Limited has declared the trading member, Madan & Co Ltd., a defaulter, with effect from July 04, 2007 due to failure of the trading member in settlement of claims of investors and in meeting the capital adequacy requirements for continued admittance to the trading membership of the Exchange. The trading facility of the member was withdrawn since August 07, 2006.

Consequently, National Securities Clearing Corporation Limited has also declared the said clearing member, Madan & Co Ltd., a defaulter, with effect from July 04, 2007.

 

 

Press Release no.3

News about India Foils Limited

 

The media had  reports on July 4, 2007  regarding India Foils Ltd stating "Vedanta puts India Foils on the block".

 

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

 

India Foils Ltd has vide its letter inter-alia stated,"We deny the press report. The Board of India Foils Limited considers no such proposal. India Foils Limited (IFL) continues to evaluate various alternatives from time to time and create value for all stakeholders and the company, shall keep the Stock Exchange informed about any material development in this regard."

 

 

Press Release no.4

NSE completes its 1845th & 1846th Normal Settlement

 

The Exchange have successfully completed its 1845th & 1846th Normal Settlements (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2007122 & 2007123 on July 4, 2007. The settlement statistics are as follows:  

 

Particulars
Values
Values

           

N – 2007122

N – 2007123

Total traded quantity (lakhs)

4961.01

4636.09

Total traded value (Rs. In Crores)

10474.60

9416.21

Total value of the settlement (Securities) (Rs. In Crores)

3216.20

2651.63

Total value of the settlement (Funds) (Rs. In Crores)

1140.72

857.54

Shortages for the settlement

0.50%

0.34%

% of  Delivery ( No. of shares deliverable / No. of shares traded )

28.82%

25.23%

 

Retail Debt Market have completed its 1119th & 1120th settlements details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2007122

NIL

NIL

NIL

D- 2007123

NIL

NIL

NIL