November 20, 2007

 

Press Release no.1

Market-wide Position Limit in IFCI & ALOKTEXT

 

The derivative contracts in the underlying IFCI & ALOKTEXT has crossed 95% of the market-wide position limit on Nov 20, 2007. It is hereby informed that all clients/ members shall trade in derivative contracts of  IFCI & ALOKTEXT by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.

 

 

Press Release no.2

News about UCO Bank

 

The media had reports that UCO Bank may be acquired by State Bank of India.

 

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.

 

UCO Bank has vide its letter inter-alia stated, “We wish to advise that neither our Bank is aware of the contents of the subject news item, nor our Board of Directors has so far discussed such issues in their meetings. We, therefore deny the contents of the news item."

 

 

Press Release no.3

News about Dena Bank

 

The media had reports that Dena Bank may be acquired by State Bank of India.

 

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.

 

Dena Bank has vide its letter inter-alia stated, "As far as our Bank is concerned, the news item is not correct and we may add that there is no substance in news and our Bank has no knowledge/discussion with SBI/others about the said matter and we deny the contents of the news."

 

 

Press Release no.4

News about GTC Industries Limited

 

The media had reports that GTC Industries Ltd may demerge its real assets valued at Rs.1, 500 - 2,000 crs, spread across Mumbai, Baroda and Hyderabad into a separate Company.

 

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.

 

GTC Industries Ltd has vide its letter inter-alia stated, "It is true that the Company has properties at Mumbai, Vadodara and Hyderabad. It is also true that the Company is planning to explore the possibility of doing real estate development in which context we have already signed a Development Agreement for our Hyderabad property. There are various options before the company to go into the real estate business which are being examined by the management. Since these are at the planning stage no time frame can be committed and we are also not sure of any valuation."

 

 

Press Release no.5

NSE completes its 1943rd Normal Settlement

 

The Exchange has successfully completed its 1943rd Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2007220 on November 20, 2007. The settlement statistics is as follows:

           

Particulars
Values

 

N – 2007220

Total traded quantity (lakhs)

10188.98

Total traded value (Rs. In Crores)

19110.55

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

4684.53

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

832.79

Shortages for the settlement

0.22%

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

21.72%

 

Retail Debt Market have completed its 1217th settlements details of which is as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2007220

NIL

NIL

NIL