January 23, 2008

 

Press Release no.1

Clarification

 

There are some rumors in a section of market that the Exchange has increased margins on certain stocks today.

 

The margins always vary on a daily basis since it is based on 'Value at Risk'. NSE clarifies that it has not changed any margin computations and it continues to follow the same systems and procedures consistently.  It is also clarified that NSE has not called for any additional margins.

 

 

Press Release no.2

Proposed suspension of security

 

The equity shares of the following company will be suspended from trading w.e.f January 31, 2008 (i.e. closing hours of trading on January 30, 2008)  until further notice on the Capital Market Segment of the National Stock Exchange of India Limited for non- compliance with certain provisions of the Listing Agreement.

 

·         BPL Engineering Ltd

 

Notice was sent to the above company seeking reasons for non- compliance with certain provisions of the listing agreement. The company has failed to provide a satisfactory response to said notice of the Exchange. In view of this, the Exchange has decided to suspend trading in the equity shares of the company w.e.f January 31, 2008 (i.e. closing hours of trading on January 30, 2008) till further notice.

 

 

Press Release no.3

Revocation of Suspension of Securities

 

The Exchange had earlier suspended the trading in equity shares of the following companies on account of non-compliance with the provisions of the Listing Agreement:

·         Cubex Tubings Ltd.

·         Horizon Battery Technologies Ltd

 

With the companies satisfactorily meeting with the listing requirements, the Exchange has now decided to revoke the suspension of trading in the securities of the above companies w.e.f. January 25, 2008.

 

 

Press Release no.4

NSE completes its 1987th Normal Settlement

 

The Exchange has successfully completed its 1987th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2008015 on January 23, 2008. The settlement statistics is as follows: 

 

Particulars
Values

 

N – 2008015

Total traded quantity (lakhs)

8172.96

Total traded value (Rs. In Crores)

24036.11

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

7087.17

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

4131.19

Shortages for the settlement

0.30%

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

30.35%

                                                             

Retail Debt Market have completed its 1261st settlements details of which is as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2008015

NIL

NIL

NIL