February 27, 2012
Press Release No. 1
Second Mumbai Investothon sees
overwhelming participation
Mumbaikars were out in large
numbers on Sunday morning, to express solidarity with Indian investors, at the
second Investothon in Mumbai, in less than a year. The National Stock Exchange
(NSE) and the CNBC TV18 Group had started India's biggest investor movement, in
March last year, from Mumbai. Since
then, the Investothon has travelled to many cities like Delhi, Ahmedabad and
Chennai, garnering more support each time.
The special run was started by
NSE and the CNBC TV18 Group, to create more awareness among investors and
market intermediaries, about the importance of investing safely.
The Mumbai Investothon was
attended by more than 6000 people, including investors, Corporates, investor
associations and a large number of NSE officials.
'Investothon 2012' comprised of
three races, differentiated based on the distance, name and colour. The first,
a one kilometer race was represented by the colour Red, denoting 'Power'. The
second race, a distance of three kilometers was represented by the colour
Yellow, denoting 'Health' and the final lap of the
symbolic run of four kilometers, represented the colour Green, denoting
'Wealth'.
Managing Director and CEO of
NSE, Mr. Ravi Narain said, “Financial inclusion and financial literacy cannot
be treated as CSR initiatives. These practices have to be ingrained in the
culture and ethos of an organization. Only then, can these initiatives really
impact the lives of lakhs of people, who aspire for a better living.”
NSE has been taking many
investor friendly steps, over the years.
In recent months, NSE has
started a facility of sending out SMS and e-mail alerts to clients, at the end
of every trading day. These alerts provide information to clients on all the
trade transactions, conducted by them, in the equity, futures and options and
currency segments. The messages and e-mails are sent to the clients after their
consent. This helps clients to seek redress quickly, if they have not
authorized the trades.
In another pioneering effort,
NSE has now started showing short films on investor protection and the
safeguards an investor should take during investing, in theatres in different
parts of the country. Nearly 135 theatres in more than 30 tier two and tier
three cities are airing these short duration films, to create more awareness
among investors. These cities include Lucknow, Ghaziabad, Rajkot, Jaipur,
Cochin and Coimbatore.
In another initiative, first
time investors are being given a booklet, which acts as a guide on a client's
rights and obligations. The small handbook advises a new comer into the
markets, on the precautions to take before choosing a broker and whether giving
a power of attorney to the broker is mandatory or not. Investors are also
advised on their obligations like paying margins, funds and securities on time.
The Investothon is another
initiative by NSE to spread the investor word and broaden the equity cult. In
the coming months, we hope to take this investor support movement to the other
parts of the country.
Press Release No. 2
News
about Oracle Financial Services Software Limited
The media had reports that the US parent
company may delist Oracle Financial Services Software Limited.
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.
Oracle Financial Services Software Limited has
vide its letter inter-alia stated, "We are not aware of any such
developments and there is no such communication received or issued by the
company in this regard."
Press Release No. 3
Market-wide Position Limit in ABGSHIP
The derivative
contracts in the underlying ABGSHIP have crossed 95% of the market-wide
position limit on February 27, 2012. It is hereby informed that all clients/
members shall trade in derivative contracts of ABGSHIP by offsetting their
existing positions till the open interest comes down to 80% of the market wide
position limit.
Press Release No. 4
NSE completes 2999th
Normal Settlement
The Exchange has successfully completed its 2999th Normal
Settlement (Rolling T+2 following SEBI directive) since inception i.e.,
Settlement Number N – 2012037 on Feb 27, 2012. The settlement statistics are as
follows:
Particulars |
N-2012037 |
Total traded quantity (lakhs) |
12249.15 |
Total traded value (Rs. In Crores) |
18285.39 |
Total value of the settlement (Securities) (Rs. In Crores) |
4822.31 |
Total value of the settlement (Funds) (Rs. In Crores) |
1072.89 |
Shortages for the settlement |
0.11% |
% of Delivery ( No. of shares
deliverable / No. of shares traded ) |
24.28% |
Retail Debt Market has completed its 2272nd settlement,
details of which are as follows:
Settlement
No. |
Traded
Value (Rs.) |
Settlement
Value (Rs.) |
|
|
|
Securities |
Funds |
D- 2012037 |
NIL |
NIL |
NIL |