October 06, 2010

Press Release No. 1

NSE’s Investor Awareness Initiative boards the Sealdah Rajdhani

 

The National Stock Exchange (NSE), as a part of its ongoing endeavor to reach out to people in different parts of the country, has started an investor awareness initiative on the Delhi Sealdah Rajdhani. Shri Namo Narain Meena, Minister of State for Finance and Mr. Ravi Narain, MD & CEO – NSE flagged off the train at New Delhi station today.

 

The train, which runs through key States like Uttar Pradesh, Bihar and Jharkhand, ends its journey at the Sealdah station, one of the busiest stations in India, which also has a suburban rail terminal.

 

The 14 coaches of the train will carry Nifty images on the train, with panels inside on the precautions an investor should take before, during and after trading. Audio messages will also play inside the coaches, throughout the 17 hour journey from Delhi to Sealdah and on the return journey.

 

MD and CEO, Mr. Ravi Narain says’’ People in these sectors have sometimes stayed out of the formal financial system, because of lack of knowledge and awareness about the capital markets. This is an attempt to reach out to the growing middle class which travels on these routes, that it is possible to invest wisely by choosing products with the right risk profile’’.

 

To ensure that people in these regions are a part of the India growth story, existing and potential investors will be advised to take the right investment decisions to save for retirement and for their children’s education.

 

For instance, mutual funds on exchanges can help in reaching out to people in tier 2 and tier 3 cities, where asset management companies have a limited presence. Similarly, an investor can invest in exchange traded funds of Nifty and benefit by taking a view on NSE’s benchmark index by investing very small amounts. A Nifty ETF unit is valued at one tenth of the value of Nifty and is easier to invest in, as against an investment in Nifty derivatives.

 

In the North and the East, people spend heavily on gold. This initiative will also help make them aware of gold exchange traded funds, through which investors can buy units of gold on the exchange, without going through the hassle of keeping the gold secure or losing money on resale because of depreciation.

 

The motto of the Rajdhani initiative is soch kar, samajh kar, invest kar and the panels will carry messages like ‘’trade only through entities registered with SEBI, don’t be careless about giving a power of attorney to brokers and fill your KYC details carefully ‘’etc

 

The Sealdah Rajdhani campaign   continues to build on a seamless link that was first started in April, when an awareness drive was begun on the Rajdhani trains from Delhi to the Southern cities of Chennai, Trivandrum and Bangalore.

 

 

Press Release No. 2

CRISIL-NSE initiative aids equity investment decision making

 

CRISIL pioneered the concept of Independent Equity Research (IER) in India with the aim of providing independent, high quality and on-going research on small and mid-cap companies. To further enhance the reach of this concept, CRISIL and the National Stock Exchange of India (NSE) have partnered to publish IER on select companies that are listed on NSE. CRISIL has so far released IER reports on 12 companies under this initiative. The CRISIL-NSE tie-up has benefited both investors and companies as trading volumes of companies under IER coverage have increased, thereby enhancing liquidity and aiding fair price discovery.

 

According to Chitra Ramkrishna, Joint Managing Director, NSE “The partnership of NSE and CRISIL offers high-quality research on mid-cap and small companies.  It provides investors with much needed information in a wider universe of companies listed.”

 

CRISIL IER addresses the two most important parameters in the investment process: fundamentals and valuation, represented through a Fundamental Grade and a Valuation Grade that are part of every CRISIL IER report. CRISIL IER is meant to be used by investors keeping in mind their personal risk appetite, and considerations of price and return.

 

According to Roopa Kudva, CEO & Managing Director, CRISIL “CRISIL’s investor-focused approach to IER is expanding the number of companies receiving regular research coverage, thereby helping more investors receive the information they need for investment decision-making.” CRISIL has so far released IER reports on 50 companies. Over 3,000 investors currently access these reports with more than 26,000 downloads from the CRISIL website.

 

As a part of the tie-up between CRISIL and NSE, detailed equity research reports and quarterly updates are available, free of charge, on the CRISIL and NSE websites (www.crisil.com and www.nseindia.com).

 

 

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 October 06, 2010. It is hereby informed that all clients/ members shall trade in derivative contracts of  KFA  by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.

 

Press Release No. 4

News about Reliance MediaWorks Limited

 

The media had reports that Disney may buy a stake in Reliance MediaWorks 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.

 

Reliance MediaWorks Limited has vide its letter inter-alia stated, "It is not the policy of the Company to comment on speculation and rumors. Developments, if any, will be intimated in due course and at appropriate time."

 

 

Press Release No. 5

News about Halonix Limited

 

The media had reports that Actis may sell its stake in Halonix 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.

 

Halonix Limited has vide its letter inter-alia stated, "The subject matter relates to the purported actions of the shareholders of the company and not to Halonix Limited and Halonix Limited is therefore, not in a position to comment on, confirm or deny the same. Halonix limited has always made disclosures of relevant information in accordance with its obligations under the listing agreement and continues to be committed to the same."

 

 

Press Release No. 6

NSE completes its 2652nd Normal Settlement

                                                                                                                           

The Exchange has successfully completed its 2652nd Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2010189 on Oct 06, 2010. The settlement statistics are as follows:

 

Particulars
Value

 

N-2010189

Total traded quantity (lakhs)

8970.89

Total traded value (Rs. In Crores)

17713.04

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

5148.35

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

1394.78

Shortages for the settlement

0.14%

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

29.35%


Retail Debt Market has completed its 1925th settlement, details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2010189

NIL

NIL

NIL