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Security listed and admitted to dealings – GOACARBON

NSE Press Release

The equity shares of the following company shall be listed and admitted to dealings on the Exchange w.e.f. June 5, 2007. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.

 

Sr. No.	Symbol	Name of the Company	ISIN Code
1	GOACARBON	Goa Carbon Limited	INE426D01013

Add commentJune 1st, 2007

Derivatives trading launched on Nifty Junior and CNX 100

NSE Press Release

The National Stock Exchange of India (NSE) today commenced derivatives trading in two new indices viz. Nifty Junior and CNX100. NSE now has an array of five indices and 186 single stock derivatives to offer for trading to the investors.

Nifty Junior derivatives has CNX Nifty Junior index as its underlying. NIFTY Junior is an index comprising of the most liquid securities after the NIFTY 50. The underlying of CNX 100 index derivative is S&P CNX100. This index combines the Nifty 50 and the CNX Nifty Junior stocks to track the behavior of the combined portfolio of the two indices.

In recent times, the market has shown a trend of getting broad based. Currently non-Nifty securities contribute more than 60% of the total market turnover in equities market. Trading in Nifty Junior and CNX100 Futures & Options would enable the investor to take a view on companies which are fast growing, dynamic and highly competitive. It would help them to take an exposure to this dynamic pack of companies. The introduction of these new index derivatives would give more flexibility to the investors and help them in taking wealth maximizing decisions more efficiently.

To encourage active participation during the introduction phase, the Exchange has exempted the transaction charges on turnover above Rs.10 Crores in NIFTY Junior and above Rs.10 Crores in CNX100 per trading member per day in the Futures sub – segment. No transaction charge will be levied on trades done in NIFTY Junior and CNX 100 in the Options sub-segment.

There has been active and wide spread participation in trading above indices today at NSE. More than 200 members participated in trading on the first day of trading today.

Add commentJune 1st, 2007

Markets stay volatile - Closes positive at the end of day - June 1, 2007

CNX NIFTY closed on Friday at 4297.05 and is up 0.03%. CNX NIFTY JUNIOR is up 1.38% while CNX 100 closed at 0.21%. CNX IT is up 0.99% while BANK NIFTY added 1.27% points today.

On the CNX IT, 16 stocks advanced and 4 declined. GTL, Subex, FinanTech, Patni and HCL Insys gained while Hexaware, Rolta, CMC and Tata Elxsi closed in the red. On the Bank Nifty, 11 are advanced and 1 declined. Canara Bank, Oriental Bank, SBI, Kotak Bank and Union Bank gained while Bank of Baroda closed the week in the red.

Sensex closed at 14,570.75 points and gained 26.29 points. Midcap and Smallcap indexes added half a percentage point. Sectorally, Auto, Bank, Capital goods, IT, FMCG and PSU remained positive while Consumer Durables and Oil & Gas sectoral indices closed in the red.

Experts say the markets would add about 300 to 400 points in the next two weeks. Midcap stocks are shining apart from the fact that Mutual funds have been launching or promoting midcap funds, the funds of which are flowing into the equity markets.

Add commentJune 1st, 2007