February 23, 2014
Press Release No. 1
NSE
creates awareness among New Delhi investors through Investor Week and
Investothon
An Enthusiastic crowd of 5000 people participated in the Delhi
Investothon today
FEBRUARY 23, New Delhi: India’s leading
stock exchange , the National Stock Exchange (NSE) organized an investor run or
Investothon at the Thyagaraj stadium this morning. There was an enthusiastic
crowd of 5000 people at the investor run, despite the late February morning
chill. Investors, member brokers and citizens of Delhi
ran in the Investothon to create awareness about the importance of financial
planning, and growing money by following good investment practices.
The Investothon is organized
along with the CNBC TV 18 group and has over the years taken the shape of a
huge movement to galvanise and motivate the investor community, to build a
healthy capital market.
There was a 2 km Bull run, a
4 km timed Nifty run and a 4 km Power run. Prizes were given to a number of
trading Members, including the most enthusiastic team, most shareholders prize,
High fives team, among others.
NSE’s Chief Business
development, Mr Ravi Varanasi said ‘’ the trading members are the first point
of contact for lakhs of investors, therefore it is important for them to
promote safe investing and good investment practices. That in turn will give
confidence to investors and will help in deepening the financial markets in
India.’’
Today was the 28th
investor run, organized by NSE . Since 2011, the Investothon has been organized
in many cities like Bangalore, Pune, Bhubaneshwar, Kochi, Ahmedabad, Rajkot,
Indore and Vadodara, apart from the metros.
Nearly 50,000 people have so far participated in the Investothon in the
past three years.
Earlier in the
week, as part of NSE’s Investor Week initiative, awareness sessions were
conducted for students, army personnel, industry bodies and corporates at MDI
Gurgaon, IILM Institute for higher education, at industry bodies like FIEO and
NASSCOM and at offices of various Corporates. A stall was set up at the Delhi
book fair to engage with book lovers on rights and obligations of investors and
the need to invest in productive assets.
Since inception, NSE has
made rigorous effort to reach out to people in various cities to empower them
with information on different asset classes and the benefits of investing. This
week, the focus has been on New Delhi, one of the top commercial centres of
India, which ahs the highest per capita income in the country.