April 12, 2012

Press Release No. 1

NSE to launch Futures and Options contracts on FTSE 100 on May 3^rd 2012

The National Stock Exchange of India has received regulatory approval, to start trading futures and options contracts, based on FTSE 100. The exchange will be launching the product on May 3^rd 2012.

FTSE Group (“FTSE”), the award winning global index provider and the National Stock Exchange of India Limited (“NSE”), have earlier entered into a partnership, resulting in the licensing of the world renowned FTSE 100 Index, for the introduction of Futures and Options Contracts.

For the first time, Indian investors will gain access to the UK equity market, through new rupee-denominated derivative contracts, based on one of FTSE’s headline indices. The new contracts will be tradable by all equity derivatives members of the NSE, through existing infrastructure, with no additional investment required.

The introduction of derivative products on the FTSE 100 index, will enable Indian investors to  hedge and gain exposure to the top 100 constituents, listed on the main market of London Stock Exchange (by market capitalisation). The move spearheaded by the London Stock Exchange Group (LSEG), FTSE and NSE, signifies FTSE’s global reach and NSE’s commitment to further develop the Indian securities market, in which it plays an influential role.

Ravi Narain, Managing Director and CEO of NSE said “NSE is committed to providing its investors with a range of products and asset classes. The FTSE 100 Index, will help Indian investors to diversify their portfolios further and have access to one of the world’s widely tracked equity indices, whilst minimizing currency risk.’’

Rohtas Handa, Managing Director, FTSE India said of the launch “FTSE is pleased to be part of this innovative cross-market initiative with both the NSE and LSEG. We are committed to serving the global investment community including key markets such as India, where we are committed to providing Indian investors with robust and reliable investment tools for a range of investment opportunities covering Indian and global markets.”

FTSE calculates a range of indices both independently and through a variety of successful partnerships, including stock exchanges around the world, to provide local market solutions. These indices, including the FTSE 100 Index are built with robust and transparent rules for eligibility, free float and liquidity screening, ensuring both tradability and investor confidence.

The FTSE 100 index accounts for over 80% of the UK’s equity market capitalisation, forming the basis of a range of investment products, including over 30 ETF listings. It is widely used by a range of investment professionals for the purposes of investment analysis, performance measurement, asset allocation, portfolio hedging and the creation of a variety of financial products globally.

The National Stock exchange is the third largest exchange in the world, by equity trading volume and the fifth largest derivatives exchange, globally.

Kindly refer to the Trading Circular on FTSE 100 and the Liquidity Enhancement Scheme Circular on the NSE Website

Press Release No. 2

News about Talwalkars Better Value Fitness Limited

The media had reports that Sahara Sports is likely to buy 20% stake in Talwalkars Better Value Fitness 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 company.

Talwalkars Better Value Fitness Limited has vide its letter inter-alia stated, "The Company completely disassociates itself from the said news article and would further like to clarify that it is not in any such talks with Sahara Sports."

Press Release No. 3

NSE completes 3030^th Normal Settlement

The Exchange has successfully completed its 3030^th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2012067 on April 12, 2012. The settlement statistics are as follows:

Particulars
	N-2012067
Total traded quantity (lakhs)	6497.56
Total traded value (Rs. In Crores)	10492.49
Total value of the settlement (Securities) (Rs. In Crores)	2787.58
Total value of the settlement (Funds) (Rs. In Crores)	765.83
Shortages for the settlement	0.08%
% of Delivery ( No. of shares deliverable / No. of shares traded )	24.62%

Retail Debt Market has completed its 2303^rd settlement, details of which are as follows:

Settlement No.	Traded Value (Rs.)	Settlement Value (Rs.)
		Securities	Funds
D- 2012067	NIL	NIL	NIL