June 27, 2012

Press Release No. 1

NSE launches financial literacy initiative ' Jagruti' in Mohali, in partnership with India Post

In recent times, Mohali is best remembered for the dream semi final, which India won against Pakistan in March 2011, paving the way for India’s historic World cup victory. But, there is much more to this vibrant city of Punjab. A classic blend of the traditional and the modern, Mohali is an important Industrial hub and a favoured destination for many top notch companies, especially IT giants.

To help the enterprising people of Mohali grow their businesses and investments, India’s leading stock exchange, the National Stock Exchange (NSE) has tied up with the main Post Office at Mohali, to start a financial literacy initiative.

 The alliance is part of a larger partnership with India Post of the Government of India, to take the equity cult to the small towns and cities of India.

As a part of the tie up, NSE is putting up large sized screens at more than 50 post offices in the country, including the one at Mohali. The screens will carry messages from both NSE and India Post, to increase awareness in people on safe investing and investor friendly products, to empower them financially.

The screen at the Mohali post office, at a busy intersection in sector 55, was inaugurated by senior officials from NSE and India post, on the 27^th of June. Screens have already been put up at prominent post offices at Patiala and Rohtak.

Joint Managing Director of NSE, Ms Chitra Ramkrishna said, “Our endeavour is to continuously reach out to people in tier two and tier three cities, to bring more people into the formal financial system. With the growing job opportunities in Mohali and a conducive investment climate, Mohali was an ideal choice to start a financial literacy drive. We hope this initiative will help people to realize their dreams’’.  

The screen will carry information on the prices of Nifty stocks and different NSE indices. It will also convey information on products like Gold exchange traded funds, a cost effective and transparent option to buy gold and   Nifty  exchange traded funds , apart from giving advice on the do’s and don’ts of trading.

It will also carry information on products of India Post, like Online money transfers, Electronic money orders, Speed post, Savings certificates, Postal life insurance and Logistics solutions for Corporates.

This initiative is being jointly implemented by NSE and India Post in a large number of small towns and cities across the length and breadth of India. They include Midnapore, Bhagalpur, Pushkar, Patiala, Ajmer, Hardwar, Muzzafarnagar, Bilaspur, Vidisha and Bharuch.

The alliance with India Post comes after a series of steps by NSE to increase financial literacy. NSE has a tie up with 96 colleges in different parts of the country, to conduct short duration courses on the capital markets called the NSE Certified Capital Market Professional or the NCCMP.

NSE runs this course in association with the Goswami Ganesh Dutta Sanatan Dharam College at Chandigarh as well.

The exchange has also tied up with three prominent universities for MBA and BBA (Bachelors in Business Administration) courses, including the one in Patiala with the Punjabi university, Guru Gobind Singh Indraprastha University at Delhi and the Maharishi Dayanand University in Rohtak. The first batch of students started the MBA and BBA courses at the Punjabi university in July 2011.  More than two lakh school students have learnt the basics of money management and financial markets, through courses run by NSE.

Press Release No. 2

NSE completes 3084^th Normal Settlement

The Exchange has successfully completed its 3084^th Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2012120 on June 27, 2012. The settlement statistics are as follows:

Particulars
	N-2012120
Total traded quantity (lakhs)	5707.11
Total traded value (Rs. In Crores)	8722.05
Total value of the settlement (Securities) (Rs. In Crores)	2297.79
Total value of the settlement (Funds) (Rs. In Crores)	808.32
Shortages for the settlement	0.21%
% of Delivery ( No. of shares deliverable / No. of shares traded )	23.95%

Retail Debt Market has completed its 2357^th settlement, details of which are as follows:

Settlement No.	Traded Value (Rs.)	Settlement Value (Rs.)
		Securities	Funds
D- 2012120	NIL	NIL	NIL