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