July 13, 2012
Press Release No. 1
NSE
launches financial literacy initiative 'Jagruti' in Amritsar, in partnership
with India Post
India’s leading stock exchange, the National
Stock exchange (NSE) has partnered with India Post of the Government of India,
to start a financial literacy initiative at fifty post offices in the country.
On Friday the 13th of July, this initiative was started in Amritsar, from the
head post office, on the prominent Court Road in the city.
The alliance between the two behemoths, NSE and India Post, involves
setting up a large sized screen at the post office, which will keep
flashing data on NSE’s benchmark index, Nifty 50, data on stocks and other
indices, advice on investing wisely as well as information on products of India
Post.
The city of Amritsar is a hub of commercial
activities, where medium sized and small scale industries like carpets and
shawls, silk goods and handicrafts have been flourishing. But the most thriving
industry of Amritsar is tourism, a fallout of the lakhs of devotees who visit
the Golden temple from India and abroad. The aim of this financial literacy
drive in Amritsar is to help the enterprising people of Amritsar grow their
businesses and personal investments.
Joint Managing Director of NSE, Ms. Chitra Ramkrishna said, “India Post has a
very large reach, through which we would like to increase financial literacy in
the tier two and tier three cities of India. We hope this initiative to educate
people on the basics of the markets, will help in growing the equity cult in
Amritsar.’’
The screen at the Amritsar post office will carry information on the do’s and
don’ts of trading, for instance ‘don’t share your trading password with
anyone’,’ it is not mandatory to give a power of attorney to your broker’ and
so on. The screen will also convey information on products for retail investors
like Gold exchange traded funds and Nifty exchange traded funds, cost effective
and transparent options to invest in gold and NSE’s benchmark index, Nifty 50.
It will also carry information on products of India Post, like Online money
transfers, Electronic money orders, Speed post, Savings certificates, Postal
life insurance and Logistics solutions for Corporates.
NSE has been actively engaged in increasing financial literacy in the country,
through many different tie ups. NSE has partnered with more than 90 colleges in
different parts of the country, to conduct short duration courses on the
capital markets called the NSE Certified Capital Market Professional or the NCCMP.
NSE runs this course in association with the Goswami Ganesh Dutta Sanatan
Dharam College at Chandigarh as well. The exchange has tied up with four
prominent universities for MBA and BBA (Bachelors in Business
Administration) courses, including Punjabi university in Patiala, the Bharati
Vidyapeeth university, which has universities and colleges in many cities, Guru
Gobind Singh Indraprastha University at Delhi and the Maharishi Dayanand
University in Rohtak.
Press Release No. 2
NSE completes 3096th
Normal Settlement
The
Exchange has successfully completed its 3096th Normal Settlement
(Rolling T+2 following SEBI directive) since inception i.e., Settlement Number
N – 2012132 on July 13, 2012. The settlement statistics are as follows:
Particulars |
|
|
N-2012132 |
Total traded quantity (lakhs) |
6551.83 |
Total traded value (Rs. In Crores) |
10074.98 |
Total value of the settlement (Securities) (Rs. In
Crores) |
2538.43 |
Total value of the settlement (Funds) (Rs. In
Crores) |
674.83 |
Shortages for the settlement |
0.07% |
% of Delivery
( No. of shares deliverable / No. of shares traded ) |
25.80% |
Retail Debt Market has completed its 2369th settlement,
details of which are as follows:
Settlement No. |
Traded Value (Rs. In
Crores) |
Settlement Value (Rs.) |
|
|
|
Securities |
Funds |
D- 2012132 |
NIL |
NIL |
NIL |