October 24, 2011
Press Release No. 1
Highest ever single day
trade in gold ETF's on Dhanteras
*Gold ETF's worth Rs 636 crore traded
On the
auspicious occasion of Dhanteras, the National Stock Exchange [NSE] has
recorded a volume of Rs. 636.04 crore in gold exchange traded funds (ETFs). The
number of units traded stood at 24.61 lakh when the
market closed at 8.00pm, recording the highest ever on a single day.
Volumes in gold
etf’s have been showing high growth in the last three
years and have shown an impressive growth in the run up to Dhanteras this year
as well. 68,224 investors traded Gold ETFs on Dhanteras, this year.
Dhanteras is
considered to be the most auspicious occasion to buy gold. In a bid to allow
investors to invest after office hours, NSE and BSE have extended their trading
hours up to 8.00 pm. As a special incentive for investors, NSE had also waived
off the transaction charges for trading in Gold ETF for this day.
Gold ETFs have
many advantages over physical gold. For instance, Gold ETFs are easy to store,
there is no fear of theft because they are in demat
form and there is no depreciation you sell the units. Gold ETFs can be bought
in units of as low as one gram or even half a gram.
Gold ETFs come
with an assured purity of 99.5% and there are no premium charges involved
either, which have to paid while picking up gold
coins/jewellery. When you purchase gold coins/jewellery,
you need to pay a premium of 5 to 7%, which is not the case in Gold ETFs.
The biggest
advantage of trading in Gold ETFs is that there is no tax liability involved,
unlike that of holding physical gold. Anyone who has assets including gold
worth more than Rs 30 lakh has to pay a 1% wealth
tax. However, if an investor buys units of Gold ETFs, there is no wealth tax
involved. Additionally, on physical gold an investor has to pay a 1% of Value
Added Tax, which is not in the case for Gold ETFs. There is no sales tax or
securities transaction tax either for Gold ETFs.
Assets under
management (AUMs) for Gold ETFs have also witnessed a jump of 114% year-on-year
and over 507% in two years. AUMs grew from Rs. 1008 crore in Sept 2009 to Rs.
2850 crore in Sept 2010 to Rs. 6119 crore at the end of July 2011(According to
latest available AMFI data).
There has also been a consistent rise in
the number of investors and daily traded volumes in Gold ETF’s on the National
Stock Exchange. In the last 6 months, from April to September 2011, daily
average trading values in Gold ETFs have increased by 400% from a daily average
of Rs. 18 crore in April to Rs.92 crore in September 2011. The daily average
number of trades has also increased by 300% during this period, from 5891
average daily trades in April to 23874 in September 2011.
Press Release No. 2
News about Aanjaneya Lifecare Limited
The media had reports that Aanjaneya Lifecare
Limited may acquire a domestic formulation 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
company.
Aanjaneya Lifecare Limited has vide its letter
inter-alia stated, "The Company explores various strategic moves from time
to time. However, as a policy and in the interest of its shareholders, the
Company does not comment on any report relating to potential strategic
initiatives unless they have reached the definite stage. We reiterate that the
news article is based on speculation and the company had not issued any press
release or notification regarding the same. The Company's policy is to inform
the stock exchange(s) whenever it enters into any formal agreement on such
sensitive subjects."
Press Release No. 3
Clarification by UFLEX Limited
Substantial increase in trading volumes has been observed
in UFLEX 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.
UFLEX Limited has vide its letter inter-alia
stated," There is no 'price sensitive' development within the company and
we, as of now, do not envisage any 'price sensitive' public announcement to be
made."
Press Release No. 4
Proposed suspension of trading in the
equity shares
The equity shares of following companies will be suspended
from trading w.e.f. November 03, 2011 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.
·
Evinix
Accessories Limited
·
Parekh
Platinum Limited
·
Andhra
Cements Limited
·
Sanghi
Polyesters Limited
Notice was sent to the above companies seeking reasons for
non- compliance with certain provisions of the listing agreement. The companies
have failed to respond to the said notice of the Exchange. In view of this, the
Exchange has decided to suspend trading in the equity shares of the aforesaid companies w.e.f.
November 03, 2011 till further notice.
Press Release No. 5
Securities of the Companies permitted to
trade and admitted to dealings on the Exchange
The equity
shares of the following companies shall be permitted to trade and admitted to
dealings on the Exchange w.e.f. October 25, 2011.
|
Sr. No. |
Symbol |
Series |
Name of
the Company |
ISIN Code |
|
1 |
HIRAFERRO |
EQ |
Hira Ferro Alloys Limited |
INE573I01011 |
|
2 |
KRITIIND |
EQ |
Kriti Industries (India) Limited |
INE479D01038 |
|
3 |
PANCHSHEEL |
EQ |
Panchsheel Organics Limited |
INE316G01019 |
|
4 |
PILANIINV* |
BE* |
Pilani Investment and Industries
Corporation Limited |
INE417C01014 |
|
5 |
SARTHAKIND |
EQ |
Sarthak Industries Limited |
INE074H01012 |
|
6 |
SHAKTIPUMP |
EQ |
Shakti Pumps (India) Limited |
INE908D01010 |
* The Non-promoter shareholding holding in
dematerialized form is less than 50% (currently 37% Approx.) and hence the
security shall be available for trading in Series 'BE' as per SEBI circular no.
SEBI/Cir/ISD/1/2010 dated September 2, 2010
Press Release No. 6
NSE completes its 2914th
Normal Settlement
The Exchange has
successfully completed its 2914th Normal Settlement (Rolling T+2 following SEBI directive)
since inception i.e., Settlement Number N – 2011200 on Oct 24, 2011. The
settlement statistics are as follows:
|
Particulars |
Value |
|
|
N-2011200 |
|
Total traded quantity
(lakhs) |
4956.22 |
|
Total traded value (Rs.
In Crores) |
9126.66 |
|
Total value of the
settlement (Securities) (Rs. In Crores) |
2420.21 |
|
Total value of the
settlement (Funds) (Rs. In Crores) |
676.73 |
|
Shortages for the
settlement |
0.07% |
|
% of Delivery ( No. of shares deliverable / No.
of shares traded ) |
28.15% |
Retail Debt Market has completed
its 2187th settlements, details of which are as follows:
|
Settlement No. |
Traded Value |
Settlement Value |
|
|
|
|
Securities |
Funds |
|
D- 2011200 |
NIL |
NIL |
NIL |