February 06, 2012

 

Press Release No. 1

First Investothon at Chennai for empowered investors

 

The Mumbai Marathon, in support for social causes, has become an important event in India's calendar. And now with every new Investothon that the National Stock Exchange (NSE) organizes, in different cities, the crowd is swelling and the importance of the run for a healthy market outlook and safe investing is growing.

 

On Sunday, the 5th of February 2012, NSE and the CNBC TV18 Group, kicked off the first Investothon at Chennai, considered as the Detroit of India, for its growth in the auto sector.

 

The run for investors began at the Mahatma Gandhi statue on the Marina beach early morning, along the scenic beach, which is renowned for being the second longest beach in the world.

 

Thousands of people joined in the run:  market participants, member brokers, dealers, investors, corporates and investor associations. The early morning strollers on the beach also joined in enthusiastically.

 

'Investothon 2012' comprised of three races, differentiated based on the distance, name and colour. The first, a one kilometer race was represented by the colour Red, denoting 'Power'. The second race, a distance of three kilometers was represented by the colour Yellow denoting 'Health' and the final lap of the symbolic run of four kilometers, represented the colour Green, denoting 'Wealth'.

 

Modelled on the lines of the famous Marathons in Singapore, Hongkong and Nairobi, the NSE Investothon has already covered the cities of Mumbai, Ahmedabad and Delhi and is expected to travel to the smaller cities in the next phase.

 

The unique run was flagged off by the Mayor of Chennai, Mr Saidhai Duraisamy. Joint Managing Director of NSE, Ms Chitra Ramkrishna, who has been present for all the Investothons said, “Tamil Nadu is known for its economic growth and entrepreneurial spirit. We would like to partner with different stakeholders: entrepreneurs who wish to raise capital and investors who want to create wealth to help them realize their dreams, by channeling their savings in productive assets.”

 

NSE has a unique initiative with nearly 200 schools, in Tamil Nadu, to run courses for students of class 8 and 11, on business fundamentals, money management and financial markets. In 2010- 11, 32,000 students have successfully completed these courses.

 

NSE is committed to building a healthy market environment and has been spreading awareness in the interest of the investors, through various initiatives. Financial education plays a key role, in helping people to take strategic investment decisions, for their retirement, children's education and other financial commitments. It also helps them plan for their financial well being. We hope that this Investothon at Chennai helps in creating more awareness, among investors, to take more informed financial decisions.

 

 

Press Release No. 2

Clarification by Bajaj Finserv Limited

 

Substantial increase in trading volumes have been observed in Bajaj Finserv 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.

 

 Bajaj Finserv Limited has vide its letter inter-alia stated, "We wish to state that we are not aware of the reasons for the same."

 

 

Press Release No. 3

News about Assam Company India Limited

 

The media had reports that Assam Company India Limited may sell some tea estates to repay overseas lenders.

 

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 company.

 

Assam Company India Limited has vide its letter inter-alia stated, "We wish to clarify that neither sale nor any deal has taken place. As and when any development takes place, we would be intimating the Exchange accordingly."

 

Press Release No. 4

NSE completes its 2985th Normal Settlement

 

The Exchange has successfully completed its 2985th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2012023 on Feb 06, 2012. The settlement statistics are as follows:    

 

Particulars

 

 

N-2012023

Total traded quantity (lakhs)

11324.10

Total traded value (Rs. In Crores)

18537.56

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

4654.51

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

2027.42

Shortages for the settlement

0.05%

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

24.00%

 

Retail Debt Market has completed its 2258th settlement, details of which are as follows:

 

Settlement No.

Traded Value (Rs.)

Settlement Value (Rs.)

 

 

Securities

Funds

D- 2012023

NIL

NIL

NIL