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                                                                                     August 06, 2015

 

Press Release No. 1

NIFTY based new ETF launched at NSE to facilitate EPFO investment

NIFTY has given around 17.8% return in last 3 years

                                                       

India’s leading bourse National Stock Exchange of India (NSE) has taken steps for successful execution of Employee Provident Fund Organization’s (EPFO) historic steps to invest in capital market in India. As a precursor to the forthcoming investment, the exchange has successfully listed a new Exchange Traded Fund (ETF) by SBI Mutual Fund. The ETF is based on the benchmark index of the nation: NIFTY. The index is available for trading on NSE’s platform. The product is available as SETFNIFTY on the exchange platform.

 

While congratulating the government of India on this momentous occasion, Ms Chitra Ramkrishna, MD & CEO, NSE said that EPFO’s entry will unlock savings into nation building. Going forward, - with multiple investment options available at NSE – other entities may consider similar initiatives. All these will certainly deepen the financial market in India.”

 

As you know, NIFTY ETFs is one of the oldest and the most popular ETF in India. There are 10 Equity ETFs with Nifty Index as the underlying, which is highest for any Index in India. Besides, ETFs on NIFTY (as underlying) are listed abroad.  NIFTY Index has given an annualised return of 17.8% in last 3 years. Close to one lakh people have traded during the period in NIFTY ETF.

 

RSVP:

Corporate Communications              

NSE, Mumbai, India

           

cc@nse.co.in                                                       

+91 – 022 – 2659 8164

www.nseindia.com

 

 

Press Release No. 2

Clarification by Tata Metaliks Limited

 

Significant increase in volume has been observed in Tata Metaliks 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.

 

Tata Metaliks Limited has vide its letter inter-alia stated “Currently there are no such events that require a disclosure to be made under Clause 36 of the Listing Agreement”.

 

 

Press Release No. 3

News about Adani Enterprises Limited

 

The media had reports that “Adani’s Oz mine runs into endangered lizard”.

 

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.

 

A copy of the clarification is available on the NSE website (http://www.nseindia.com) under (Corporates > Corporate Information > Announcements).

 

 

Press Release No. 4

Clarification by Electrotherm (India) Limited

 

Significant increase in price has been observed in Electrotherm (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.

 

Electrotherm (India) Limited has vide its letter inter-alia stated “The company is not aware about the reason for increase in the price of shares of the company. It is purely based on market situation. We have informed, and will continue to inform, the stock exchanges of all events, information etc as per clause of the listing agreement regarding operation/ performance of the company which will include all price sensitive information, etc”.

 

 

Press Release No. 5

Clarification by PVP Ventures Limited

 

Significant increase in price has been observed in PVP Ventures 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.

 

PVP Ventures Limited has vide its letter inter-alia stated “There has been no event happened in the recent past that have a bearing on the operation / performance of the Company”.

 

 

Press Release No. 6

Market-wide Position Limit in IBREALEST

 

The derivative contracts in the underlying IBREALEST have crossed 95% of the market-wide position limit on Aug 06, 2015. It is hereby informed that all clients/ members shall trade in derivative contracts of IBREALEST by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.