September 14, 2010

Press Release No. 1

Market data for investors on mobile

 

For the first time in India, getting market data on a mobile will no longer be the preserve of a privileged few. From the 14th of September, the National Stock Exchange will start providing market data to anyone who registers their mobile number on the NSE website, nseindia.com.

 

This is how it can be accessed: On the home page of the NSE website, you can click on the icon ‘register for NSE mobile’ in what’s new. When you register, you will get a sms to download an application. On downloading this application, you can see market watch and get quotes on your mobile.

 

The entire process can be completed in a matter of minutes.

 

Market data can be accessed for any of the asset classes, equities, derivatives, currency or exchange traded funds and the streaming data on your mobile will be live and real time.

 

Through this mechanism, market data can be received by nearly 600 million mobile users, as against the 9 million users of internet connections. This facility can be activated by anyone who has a mobile with a GPRS connection, which effectively covers nearly 99% of mobile users, including those who don’t have high end mobiles.  This also means that an individual in a rural or semi urban area, a tier 2 or tier 3 city  can also look at  market data and take a decision on whether it is wise to start trading or not.

 

NSE plans to offer trading through mobiles in early October.

 

The market data can be accessed from 14th September by all brokers and registered clients as well. NSE will start sending sms’s to active clients to download the application, in a phased manner.

 

NSE has more than 1.2 crore registered investors, as against the 3.3 crore tax payers in the country.

 

 

Press Release No. 2

News about Sonata Software Limited

 

The media had reports that the promoters may sell their stake in Sonata Software 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.

 

Sonata Software Limited has vide its letter inter-alia stated, "At the outset, we do not comment on the market speculation. Further, we have checked with our Promoter Group and Mr. M.D. Dalal, Executive Vice Chairman and one of the Promoter Directors has categorically denied that they have appointed KPMG or any other Merchant Banker to manage the process of alleged stake sale."

 

Press Release No. 3

NSE completes its 2636th Normal Settlement

 

The Exchange has successfully completed its 2636th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2010173 on Sep 14, 2010. The settlement statistics are as follows:

 

Particulars
Value

 

N-2010173

Total traded quantity (lakhs)

8794.24

Total traded value (Rs. In Crores)

15192.65

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

4782.79

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

1692.31

Shortages for the settlement

0.18%

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

28.70%


Retail Debt Market has completed its 1909th settlement, details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2010173

NIL

NIL

NIL