November 05, 2009

 

Press Release no. 1

Strategic partnership of MSE-NSE

 

The strategic partnership of MSE-NSE was launched today by Shri. C B Bhave, Chairman, SEBI. In this arrangement, MSE would enable its Trading Members to access NSE Trading platform both in Cash market Segment and Futures & Options Segment. This would also enable MSE brokers to further expand their business using the sub-broker network and facilitate them in geographically spreading the trading terminals across the State.  Further, under this arrangement, MSE listed companies will be admitted to dealing and be traded on NSE.

 

Delivering the key note address on the occasion, Shri. C B Bhave, Chairman, SEBI welcomed the initiative and said that MSE must ensure compliance and settlements happen on time. SEBI Chairman also said that the Investor confidence built over the last 10 years has to be taken forward by MSE.

 

Shri. Ravi Narain, MD, NSE said that the MSE tie up would go a long way in enhancing penetration of markets into remote and untapped areas of South India and that this is a good opportunity to collaborate with locally present MSE to focus on investor awareness  drive in local language in all important cities of South India.

 

Shri. S Venkateswaran, Director MSE said that “he was very happy that MSE is witnessing trading after a long gap of time and that he hopes to see MSE revival with this tie-up. Now that the members of MSE can issue contract notes for the trades executed, there is huge business opportunity for members of MSE to expand their business using their network.”

 

 

Press Release no. 2

NSE – Loyola College Joint Certification in Capital Markets

 

The National Stock Exchange of India Ltd. and the Loyola Institute of Vocational Education (LIVE) - Loyola College have entered into an agreement to provide a six months course on Capital Markets, called the Certified Capital Market Professional (CCMP) Course.

 

Globalization has produced rapid changes in the financial markets. The new dynamics create an urgent need for people, particularly students, to be equipped with knowledge about the fundamentals of financial markets and their instruments. This requires an interface between academics and the financial industry. The LIVE- Loyola College & NSE collaboration is a step in that direction.

 

The Course would be offered from Loyola College campus in Chennai on weekdays (Mon-Fri) between 6.30 PM to 8.00 PM and certain Saturdays and students passing the course would be awarded a joint LIVE-Loyola College – NSE certification. The course aims at promoting education in financial and capital markets and would include subjects such as equity markets, derivatives, technical analysis, fundamental analysis, macro economics, currency futures etc. Practical training with a broker is an important component of this course. The course is expected to create value addition to not only students of Loyola College but also other College students, finance professionals, and all those who are keen on learning about the capital markets. The basic educational qualification required would be 12th Standard.

 

For Further Details & admission contact Director, LIVE-Loyola College. Tel No: 044-28178200 Ext 324 email – live@loyolacollege.edu website www.loyolacollege.edu

 

 

Press Release no. 3

Security listed and admitted to dealings - WWIL

 

The following security of Wire and Wireless (India) Limited shall be listed and admitted to dealings on the Exchange w.e.f. November 9, 2009. Trading shall be in the Normal Market Segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Series

Security Description

ISIN Code

1

WWIL

E1

Equity Shares of Re.1/- each (Re.0.50 paid up)

IN9965H01019

 

 

Press Release no. 4

News about Patni Computer Systems Limited

 

The media had reports that L&T InfoTech may acquire a majority stake in Patni Computer Systems Limited.

 

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.

 

Patni Computer Systems Limited has vide its letter inter-alia stated, "We wish to clarify that the news appearing in the media appears to be speculative in nature and the Company does not have any knowledge of the contents of the transaction contemplated in the said article. Further, the Company has not received any notice from any of the major shareholders mentioned in the news article regarding sale of their stake in the Company."

 

 

Press Release no. 5

NSE completes its 2421st Normal Settlement

 

The Exchange has successfully completed its 2421st Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2009203 on November 05, 2009. The settlement statistics are as follows:       

 

Particulars
Values

 

N-2009203

Total traded quantity (lakhs)

8572.72

Total traded value (Rs. In Crores)

17322.48

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

4111.13

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

1125.47

Shortages for the settlement

0.10%

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

22.31%


Retail Debt Market has completed its 1695th settlement, details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2009203

NIL

NIL

NIL