Press
Release No. 1
NSE receives
Financial Inclusion Award
The
National Stock Exchange today received the prestigious Skoch Financial
Inclusion Award. The MD and CEO Mr.
NSE
was feted for its pioneering efforts to improve financial literacy, its
attempts to empower medium and small enterprises (MSMEs) and for its
technological advancements. Together, these have transformed the functioning of
Skoch, a management consulting firm which works
with Fortune 500 firms, has been awarding leaders in the field of economy,
industry, governance, capacity building, and technology and change management
over the last decade. The financial inclusion category is being introduced for
the first time.
“NSE has introduced
multiple asset classes to cater to meet investor needs and anytime, anywhere
access to real time market data at no cost. Apart from helping MSMEs in
capacity building and competitiveness, it is also facilitating working
capital finance. As a result of all these, the number of investors have grown
from 8 million in 2007-08 to more than 12 million in 2009-10,’’ Skoch said in a statement.
After
receiving the award, Mr. Ravi Narain said: “Growth in the capital markets in
the future will come not only from direct investors, but also from millions of
average Indians who invest their savings in mutual funds, insurance companies
and pension funds. Hence disseminating the right message to investors is very
important. We have also been focusing on new products like exchange traded
funds and SIP’s on mutual funds, through which retail investors can invest in
nominal amounts.”
The NSE investor base grew to 12 million in
the last financial year. In
Over
the years, NSE has taken several initiatives to improve financial inclusion:
·
It
has sought to shape and sensitise young minds about the importance and role of
financial markets through collaborations with educational institutions. At the
school level, NSE has conducted more than 7000 seminars on financial literacy,
covering more than 3 lakh students. Through NSE’s tie up with CBSE, NSE has
till dated sensitised students in more than 54 schools.
·
In
addition, NSE has tied up with 182 government and aided schools in a
Southern State, to conduct courses in different aspects of financial planning,
savings and investments. In the last couple of years, NSE has also signed
MOU’s with 35 colleges in different parts of
·
More than 1200 seminars have been conducted
across the country on new products between April and December 2010, to help
investors understand the products better.
·
NSE
sends out investor messages through nearly 30 newspapers in 8 languages and
investor related programmes on TV and radio channels.
·
A
dedicated vehicle of NSE, along with a member firm, has travelled across the
length and breadth of states like Kerala to carry the investor message.
·
The
iconic Rajdhani train from
Other NSE initiatives include:
Putting technology to innovative use, for spreading
access all over the country. NSE’s trading terminals which add up to more than
2 and a half lakh, in more than 3100 locations have ensured that investors can
access market data and trade anywhere , anytime, free of cost.
Investor costs have also been reduced drastically, by
waiving off transaction fees in rural and semi urban areas, by offsetting it
with the infrastructure costs. In fact in non metro towns, connectivity costs
have been halved.
NSE has also provided professional expertise to help
MSMEs in capacity building & competitiveness, facilitated giving risk free
working capital and galvanized an early stage investment ecosystem to give them
the exposure, to have the confidence to raise capital through the capital
markets.
Press
Release No. 2
Corporates with
highest number of complaints pending
Given below are names of corporates,
whose securities are suspended / withdrawn from trading on NSE, with highest
number of complaints pending against them for a period of more than 2 months as on
|
Sr. No. |
Name of the Corporate |
Number of complaints pending |
|
1 |
Vatsa Corporations Ltd |
76 |
|
2 |
Soundcraft Industries Ltd. |
27 |
|
3 |
Pal Peugeot Ltd |
11 |
|
4 |
Enkay Texofood Industries
Ltd |
6 |
|
5 |
Arihant Industries Ltd. |
5 |
|
6 |
Patheja Forgings & Auto
Parts Manufacturers Ltd |
4 |
|
7 |
Eider Infotech Limited |
3 |
|
8 |
Cauvery Software
Engineering Systems Ltd |
2 |
|
9 |
Lan Eseda Industries Ltd |
2 |
|
10 |
Scintilla Software
Technology Ltd |
2 |
Press
Release No. 3
Market-wide Position Limit in KFA
The derivative contracts in the underlying
KFA have crossed 95% of the market-wide position limit on
Press
Release No. 4
NSE completes its 2715th
Normal Settlement
The
Exchange has successfully completed its 2715th Normal Settlement (Rolling T+2
following SEBI directive) since inception i.e., Settlement Number N – 2011001
on
Particulars
|
Value
|
|
|
N-2011001
|
|
Total traded quantity (lakhs) |
6141.40 |
|
Total traded value (Rs. In Crores) |
10732.79 |
|
Total value of the settlement (Securities) (Rs. In Crores) |
2821.99 |
|
Total value of the settlement (Funds) (Rs. In Crores) |
721.29 |
Shortages for the settlement
|
0.25% |
|
% of Delivery ( No. of shares deliverable / No.
of shares traded ) |
26.98% |
Retail Debt
Market has completed its 1988th settlement, details of which are as
follows:
|
Settlement No. |
Traded Value |
Settlement Value |
|
|
|
|
Securities |
Funds |
|
D- 2011001 |
NIL |
NIL |
NIL |