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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.