June 29, 2012

 

Press Release No. 1

NSE and IIM Shillong join hands to offer first PG programme in Financial Markets at IIM Shillong

 

India’s leading stock exchange, the National Stock Exchange (NSE) and the prestigious Indian Institute of Management, Shillong (IIMS), one of the top ten business schools in India, have come together for a unique partnership. The two institutions are planning to start the first ever two year full time Post Graduate Programme in Financial Markets (PGP-FM), offered by an IIM.

 

On Friday, the 29th of June, Mr. Ravi Narain, Managing Director & CEO of NSE and Mr. Ashoke K. Dutta, eminent academician and Director of IIM Shillong, signed an agreement at the NSE office in Mumbai, to take this forward.

 

The government has been focusing on developing infrastructure and creating job opportunities in the North East. Since education and skill development is one of the focus areas, this tie up with IIM Shillong is a move to contribute towards the development of this region.

 

Speaking on the occasion, the Managing Director & CEO, NSE, Mr. Ravi Narain said, “We are happy to be associated with a prestigious institute like IIM Shillong and we hope that this post graduate programme will help in honing the trading and investment skills of students and working professionals and make them more eligible for the job market.’’

 

Mr. Ashoke K Dutta, Director, IIM Shillong said, “The collaboration will go a long way towards capacity building and creating expertise in areas in which the demand exceeds supply. This will help accelerate the development of the financial sector and the growth of our economy.”

 

In addition to the two year PG programme, NSE and IIM Shillong will also offer a number of advanced level certifications and Management Development Programmes in financial markets.

 

The PGP-FM course will be a combination of general management subjects and highly specialized subjects in financial markets such as Financial Valuation and Modeling, Equity Research, Technical Analysis, Derivatives trading strategies and financial engineering.


The PGP students will be able to get a global perspective as the programme will include a visit to international markets. The students will be able to simulate market conditions and develop trading, investment and portfolio management skills through a simulated market software, specially designed by NSE.

 

Stand alone management development programmes and certification courses, to be offered jointly by NSE and IIM Shillong in financial engineering, risk management, capital markets, derivatives will help professionals to sharpen their skills. Students from other streams who are interested in taking up certificate courses will also benefit from the certification courses.

 

Another unique feature of the courses offered by NSE and IIMS is that students from different locations across India will be able to access the same class room teaching, as any IIM student attending the class on campus at Shillong. This will be through extensive use of information technology. Faculty will be provided by both NSE and IIM Shillong and the PGP-FM certification will also be jointly given by NSE and IIM Shillong.

 

NSE’s partnership with IIM Shillong comes after a number of tie ups with prominent Universities for MBA and BBA courses in financial markets. These include the Punjabi University at Patiala, Guru Gobind Singh Indraprastha University at Delhi and the Maharishi Dayanand University in Rohtak.

 

NSE has also partnered with more than 90 colleges in different parts of the country, to conduct short duration courses on the capital markets called the NSE Certified Capital Market Professional (NCCMP). It covers a range of subjects like equity markets, debt markets, derivatives, macro economics, technical and fundamental analysis and stretches over 100 hours period.

 

 

Press Release No. 2

Clarification by Onelife Capital Advisors Limited

 

Substantial increase in trading volumes have been observed in Onelife Capital Advisors 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.

 

Onelife Capital Advisors Limited has vide its letter inter-alia stated, " We would like to confirm that we have complied with all requirements of the Listing Agreement including clause 36 of the said agreement and disclosed/ made available all relevant information that has a bearing on the operation/ performance of the company to the Stock Exchange from time to time and required under the Listing Agreement and other laws and regulations. We are unable to comment or speculate on the possible reasons for the movement in the price and volume of the scrip."

 

 

Press Release No. 3

NSE completes 3086th Normal Settlement

 

The Exchange has successfully completed its 3086th  Normal Settlement (Rolling T+2 following SEBI directive) since inception i.e., Settlement Number N – 2012122 on June 29, 2012. The settlement statistics are as follows:  

 

Particulars

 

 

N-2012122

Total traded quantity (lakhs)

5351.89

Total traded value (Rs. In Crores)

8000.72

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

2508.11

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

700.10

Shortages for the settlement

0.21%

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

27.58%

 

Retail Debt Market has completed its 2359th settlement, details of which are as follows:

 

Settlement No.

Traded Value (Rs.)

Settlement Value (Rs.)

 

 

Securities

Funds

D- 2012122

NIL

NIL

NIL