August 13, 2012

Press Release No. 1

NSE launches financial literacy initiative ' Jagruti' in Ratlam, 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. The first such initiative in Madhya Pradesh was kicked off on Saturday, the 11th of August, from the head post office at Ratlam.

At Ratlam, the alliance between the two behemoths, NSE and India Post, involves setting up a large sized screen at the pradhan dak ghar or head post office on the bustling Sailana bus stand road at Ratlam. The screen 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 screen was inaugurated by the Chief Manager of NSE, Mr. Gaurav Kapoor and Mr. D K Singhal, Assistant Superintendent of Post Office for Ratlam region. Senior officials from India Post, Mr. M I Hegde, Chief Superintendent of Post Office, Ratlam and Mr. I L Puroheet, Head Post Master, Ratlam were also present on the occasion.

Ratlam is ideal to start a financial literacy drive, because it is one of the first commercial cities to be established in Central India. Today, it is not only a flourishing trading centre in gold and salt but also has some thriving industries like chemicals, copper wires, textiles, perfumes and pottery. Trading in Ratlam has got a further boost because the city is a western railways junction, which connects it to all the major cities of India.

Joint MD of NSE, Ms. Chitra Ramkrishna said, “India Post has a very large reach, through which we aim to increase financial literacy in the tier two and tier three cities of India. We hope this educational drive, “Jagruti” will help the people of Ratlam to grow their businesses and investments.’’

The screen at the Ratlam 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. An investor can invest in very small amounts of just around Rs. 500 to buy one unit of Nifty.

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.

The alliance with India Post comes after a series of steps by NSE to increase financial literacy. NSE has a tie up 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.

The exchange has also tied up with three prominent universities for MBA and BBA (Bachelors in Business Administration) courses, including Punjabi university in Patiala, Guru Gobind Singh Indraprastha University at Delhi and the Maharishi Dayanand University in Rohtak. In another recent partnership, NSE has joined hands with IIM Shillong, to start a two year post graduate course in financial markets, the first to be started by an IIM.

Press Release No. 2

Market-wide Position Limit in COREEDUTEC

The derivative contracts in the underlying COREEDUTEC have crossed 95% of the market-wide position limit on August 13, 2012. It is hereby informed that all clients/ members shall trade in derivative contracts of COREEDUTEC by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.

Press Release No. 3

NSE completes 3117^th Normal Settlement

The Exchange has successfully completed its 3117^th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2012153 on August 13, 2012. The settlement statistics are as follows:

Particulars
	N-2012153
Total traded quantity (lakhs)	6411.87
Total traded value (Rs. In Crores)	11253.10
Total value of the settlement (Securities) (Rs. In Crores)	3158.31
Total value of the settlement (Funds) (Rs. In Crores)	750.11
Shortages for the settlement	0.09%
% of Delivery ( No. of shares deliverable / No. of shares traded )	30.53%

Retail Debt Market has completed its 2390^th settlement, details of which are as follows:

Settlement No.	Traded Value (`)	Settlement Value (`)
		Securities	Funds
D- 2012153	NIL	NIL	NIL