March 22, 2012

Press Release No. 1

NSE and India Post start Unique Financial Inclusion Initiative “Jagruti”

 

The National Stock Exchange, India’s leading stock exchange, is pleased to announce a unique partnership with India Post of the Government of India, to take the equity cult to the small towns and cities of India.

 

As a part of the tie up, NSE is putting up large sized screens at more than 50 post offices in the country. The screens will carry messages from both NSE and India Post, to increase awareness in people on safe investing and investor friendly products, to make them financially empowered citizens. 

 

On the 22nd of March, the screen at the Rohtak head post office was inaugurated. Rohtak is frequently referred to as the heart of the State, because it is an industrial hub and one of the fastest developing cities in India. It is also home to dozens of prominent educational institutions, making it an ideal choice to kick off the financial inclusion initiative. 

 

Joint Managing Director of the National Stock Exchange, Ms. Chitra Ramkrishna said “NSE has taken many initiatives to bring more people into the financial mainstream. This is another path breaking move to reach out to people in towns and cities, where exposure is still limited, to make them more aware of the opportunities to grow their savings.”

 

The screen at the post office, which is in the bustling Civil Lines street, will carry information on the prices of Nifty stocks and different NSE indices. It will also convey information on products like Gold exchange traded funds, a cost effective and transparent option to buy gold and   Nifty  exchange traded funds, apart from giving advice on the do’s and don’ts of trading.

 

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.

 

This initiative is being jointly implemented by NSE and India Post in a large number of small towns and cities across the length and breadth of India. They include Midnapore, Bhagalpur, Pushkar, Patiala, Ajmer, Hardwar, Muzzafarnagar, Bilaspur, Vidisha and Bharuch.

 

The alliance with India Post, comes after a series of steps by NSE to increase financial literacy. NSE has a tie up with 86 colleges in different parts of the country, to conduct short duration courses on the capital markets. More than two lakh school students have learnt the basics of money management and financial markets, through courses run by NSE.

 

NSE also has a tie up with three prominent universities for MBA and BBA (Bachelors in Business Administration) courses including the renowned Maharishi Dayanand University in Rohtak.

 


Press Release 2

Clarification by Peacock Industries Limited

 

Significant price movement has been observed in Peacock Industries Limited.

 

The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company.

 Peacock Industries Limited has vide its letter inter-alia stated, "We wish to state that the Company has already informed about the submission of the revised draft rehabilitation scheme to the Operating Agency namely i.e. IDBI. Besides this no other activity being sensitive in terms of Clause 36 of Listing Agreement has taken place. Further, we also wish to clarify the news that the Company has been sanctioned a rehabilitation scheme by the Board for Industrial & Financial Reconstruction (BIFR) is speculative in nature. It is hereby clarified that no such scheme has been sanctioned so far."

 

 

Press Release No. 3

NSE completes 3017th Normal Settlement

 

The Exchange has successfully completed its 3017th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2012054 on March 22, 2012. The settlement statistics are as follows:

 

Particulars

 

 

N-2012054

Total traded quantity (lakhs)

6544.01

Total traded value (Rs. In Crores)

11540.74

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

2905.26

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

804.88

Shortages for the settlement

0.07%

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

22.42%

 

Retail Debt Market has completed its 2290th settlement, details of which are as follows:

 

Settlement No.

Traded Value (Rs.)

Settlement Value (Rs.)

 

 

Securities

Funds

D- 2012054

NIL

NIL

NIL