March 28, 2011

Press Release No. 1

Run for Investors

 

The National Stock Exchange and CNBC today organized an Investothon, a unique run in solidarity with the investors at the Worli Sea Link in Mumbai. An energetic and enthusiastic crowd of more than 2000 people participated in the non competitive run. This was the first time that a marathon was dedicated to the cause of the investor, the most vulnerable link in the financial eco system.

 

Accompanied by MD and CEO of NSE, Mr. Ravi Narain and Joint MD Ms. Chitra Ramakrishna, SEBI whole time Director Mr. M S Sahoo flagged off the event early this morning.

 

Speaking at the event, Mr. Ravi Narain said: ‘’For the National Stock Exchange, spreading awareness among investors is a passionate mission. At every step we evaluate whether a decision will have a positive impact on the investor.  NSE has taken several steps to create awareness among school and college students, among those who are already investing and Indians who still remain out of the formal financial system. But in a large country like India it’s still a drop in the ocean. We hope that events such as this Investothon will encourage people to re dedicate themselves to this vital cause. ‘’

 

The event was attended by officials from investor associations, banks and insurance companies. A very large contingent from NSE cheered the participants in the one, three and five kilometer run.

 

NSE believes that spreading awareness among people is critical because in the absence of the right kind of knowledge, people remain out of the formal financial system. Joint MD Ms. Chitra Ramakrishna said: ‘’It’s important to intensify efforts to spread financial literacy, so that people are not misled into taking risks that they don’t understand. At the same time it’s critical that investors are made aware of the opportunities that are available today, to help them plan their future better’’.

 

NSE will also be organising these investor runs in other parts of the country.

 

NSE is of the view that the investor is umbilical to the financial eco system and the markets and the economy will prosper only if the interests of the investors are kept in mind by market infrastructure institutions, while framing key policies. 

 

 

Press Release No. 2

Market-wide Position Limit in BRFL

 

The derivative contracts in the underlying BRFL have crossed 95% of the market-wide position limit on March 28, 2011. It is hereby informed that all clients/ members shall trade in derivative contracts of  BRFL  by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.

 


Press Release No. 3

Clarification by Kiri Industries Limited

 

Substantial increase in trading volumes has been observed in Kiri Industries 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.

 

Kiri Industries Limited has vide its letter inter-alia stated, " We wish to inform you that, to the best of our knowledge and understanding, there are no events, or there is no information/announcement which may have a bearing on the volume and/ or price behaviour of the shares of the Company."

 

 

Press Release No. 4

Security listed and admitted to dealings – L&T Infrastructure Finance Company Limited ( Bond Issue )

 

The following Series I and Series II Debentures issued by L&T Infrastructure Finance Company Limited shall be listed and admitted to dealings on the Exchange w.e.f. March 29, 2011. Trading shall be in the Normal market segment (Rolling Settlement) for all investors.

 

Sr. No.

Symbol

Issue description

Series

ISIN Code

1

L&TINFRA

Secured Redeemable Non-Convertible Debentures (Series I) Annual: 8.20% PA.

N5

INE691I07224

 

2

L&TINFRA

Secured Redeemable Non-Convertible Debentures ( Series II) Cumulative : 8.30% PA

N6

INE691I07232

 

 

 

Press Release No. 5

NSE completes its 2771st Normal Settlement

 

The Exchange has successfully completed its 2771st Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2011057 on March 28, 2011. The settlement statistics are as follows:

 

Particulars
Value

 

N-2011057

Total traded quantity (lakhs)

5871.51

Total traded value (Rs. In Crores)

10679.2

Total value of the settlement (Securities) (Rs. In Crores)

3091.76

Total value of the settlement (Funds) (Rs. In Crores)

1028.86

Shortages for the settlement

0.15%

% of  Delivery ( No. of shares deliverable / No. of shares traded )

           27.36%


Retail Debt Market has completed its 2044th settlements, details of which are as follows:

 

Settlement No.

Traded Value

Settlement Value

 

 

Securities

Funds

D- 2011057

NIL

NIL

NIL