NSE Factbook 2011
-
Upload
minushastri33 -
Category
Documents
-
view
354 -
download
11
Transcript of NSE Factbook 2011
Fact Book2011
NATIONAL STOCK EXCHANGE OF INDIA LIMITED2011
Fact Book
Copyright © 2011 by National Stock Exchange of India Ltd. (NSE) Exchange Plaza, Bandra Kurla ComplexBandra (East), Mumbai 400 051 INDIA
All rights reserved. No part of this publication may be produced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise without the written permission of NSE, except as stated below. Single photocopies of single chapters may be made for private study or research provided that the source is acknowledged and NSE is notifi ed.
NSE does not guarantee the accuracy of the data included in this publication and accepts no responsibility whatsoever for any consequence of their use.
i
C O N T E N T S
1. National Stock Exchange of India Ltd
1-1 Trading Value of Different Market Segments ................................................................ 3
1-2 Market Capitalisation of different market segments ...................................................... 3
1-3 NSE Figures as on March 31, 2011 ............................................................................ 3
1-4 Records reached in different Market Segments (data from inception to March 31, 2011) .......... 3
1-5 Board of Directors of NSEIL .................................................................................... 4
1-6 Executive Committees ......................................................................................... 5
2. Membership
2-1 Eligibility Criteria for Membership ........................................................................... 9
2-2 Growth and Distribution of Members .......................................................................12
3. Listing of Securities
3-1 Listing Criteria for Companies on the CM Segment of NSE ..............................................15
3-2 Listing fees in the CM segment ..............................................................................16
3-3 Companies Listed, Permitted to Trade, Available for Trading on the CM Segment ..................17
3-4 Shareholding Pattern at the end of March 2011 for companies listed at NSE .........................18
3-5 Pledged shares data as of March 2011 ......................................................................19
3-6 Eligibility Criteria for Securities on WDM Segment .......................................................19
3-7 Securities Available for Trading on WDM Segment as on March 31 .....................................20
3-8 Funds Mobilisation on the Exchange during 2010-11 .....................................................21
3-9 Initial Public Offerings (IPOs) of Equity Shares during 2010-11 .........................................21
3-10 Resource Mobilisation through public issue of NCDs during 2010-11 ...................................23
3-11 Rights Issues during 2010-11 ..................................................................................23
3-12 Preferential Allotments by NSE Listed Companies during 2010-11 .....................................24
3-13 Amount raised through QIP during 2010-11 ................................................................32
3-14 Companies Delisted during 2010-11 .........................................................................33
4. Capital Market Segment
4-1 Business Growth of CM Segment .............................................................................37
4-2 Frequency Distribution of Companies traded during 2010-11 ...........................................39
4-3 Trading Frequency of Companies in Cash Segment during 2010-11 ....................................39
4-4 Advances/Declines in Cash Segment of NSE (No. of Securities) ........................................40
4-5 City-wise Turnover in the CM segment ......................................................................40
4-6 Internet Trading Value in the CM segment in comparison with total trading volumes at NSE ......41
4-7 Asset Management Companies whose schemes of MFs are listed on NSE as of March 2011 ........41
Contd...
ii
4-8 NSE transaction charges .......................................................................................42
4-9 Rates of Securities Transaction Tax (STT) in CM Segment of NSE .......................................42
4-10 Percentage Share of Top ‘N’ Securities/Member in Turnover ...........................................43
4-11 ‘50’ Most Active Securities during 2010-11 in Terms of Trading Value .................................44
4-12 Top ‘50’ Companies by Market Capitalisation as on March 31, 2011 ...................................45
4-13 NSE’s 10 Most Active Trading days during the year 2010-2011 ..........................................47
4-14 Individual Securities Single day Trading Records-2010-11 ...............................................47
4-15 Composition of S&P CNX Nifty Index as on March 31, 2011 ..............................................48
4-16 Composition of CNX Nifty Junior Index as on March 31, 2011 ...........................................49
4-17 Industry-wise Weightages of S&P CNX NIFTY Securities as on 31st March, 2011 .....................51
4-18 S&P CNX NIFTY Index ..........................................................................................51
4-19 CNX NIFTY Junior Index .......................................................................................53
4-20 Performance of NSE Indices during the year 2010-11 ....................................................54
4-21 Mutual Funds/ETFs: No of Trades and Trading Value .....................................................54
4-22 Settlement Statistics for CM Segment ......................................................................56
5. Wholesale Debt Market segment
5-1 Business Growth of WDM Segment ...........................................................................59
5-2 Security-wise Distribution of WDM Trades ..................................................................61
5-3 Participant wise Distribution of WDM Turnover ............................................................62
5-4 Share of Top ‘N’ Securities/Trading Members/Participants in Turnover in WDM Segment ..........64
5-5 Market Capitalisation of WDM Securities ...................................................................66
5-6 FIMMDA NSE MIBID/MIBOR Rates 2010-11 ...................................................................68
5-7 1-day Value-at-Risk (99%) for Government of India Securities Traded as on March 31, 2011 ......68
5-8 Corporate Bond Trades at NSE (2010-11) ...................................................................69
6. Equity Futures & Options segment
6-1 Business Growth of Futures & Options Market Segment .................................................73
6-2 Benchmark Indices Contracts & Trading Volume in F&O Segment of NSE (2010-11) .................75
6-3 Internet Trading in the F&O Segment of the Exchange ..................................................75
6-4 Records Achieved in the F&O Segment: 2010-11 ..........................................................75
6-5 List of Securities on which Futures & Options are available at NSE as of March 31, 2011 ..........76
6-6 Participant wise Trading Value in the F&O Segment (2010-11) .........................................82
6-7 Number of members in different turnover brackets in Futures and Options segment ..............83
6-8 Number of members in different turnover brackets in Futures and Options Segment ..............84
6-9 Segment wise Contribution of Top ‘N’ Members to turnover on Futures and Options segment ....85
Contd...
Contd...
iii
6-10 Top 20 Futures contracts according to number of contracts 2010-11 ..................................86
6-11 Top 20 Option contracts according to number of contracts traded 2010-11 ..........................86
6-12 Top 20 Option contracts according to no. of contracts traded 2010-11 ................................87
6-13 Number of trades in the Futures & Options Segment ....................................................88
6-14 Settlement Statistics in F&O Segment ......................................................................89
6-15 NSE Transaction charges in F&O Segment of Exchange ...................................................90
6-16 Securities Transaction charges for F&O Segment .........................................................90
7. Currency Derivatives Segment
7-1 Business Growth of Currency Futures Segment at NSE ...................................................93
7-2 Records Achieved in the Currency Futures & Options ....................................................94
7-3 Top 5 Currency Futures & Options Contracts on the basis of Turnover for the F.Y 2010-2011 .....94
7-4 Settlement Statistics of Currency futures at NSE .........................................................94
7-5 Business Growth of Interest Rate Futures ..................................................................95
7-6 Records Achieved in the Interest Rate Futures ............................................................96
7-7 Top 5 IRD Contracts on the basis of Turnover for the F.Y. 2010-2011 ...................................96
7-8 Settlement Statistics in Interest Rate Futures Segment at NSE ........................................96
8. Investor Services, Arbitration
8-1 Receipt and Disposal of Investor Grievance ................................................................99
8-2 Status Report of Arbitration Matters ........................................................................99
9. Knowledge Initiative
9-1 Studies under the NSE Research Initiative ............................................................... 103
9-2 A) NCFM Modules ............................................................................................. 105
B) NISM Modules .............................................................................................. 106
Contd...
iv
National Stock Exchange of India 1
2
3
1National Stock Exchange of India
Table 1-1: Trading Value of different Market Segments(` cr.)
Segment/Year 2006-07 2007-08 2008-09 2009-10 2010-11
Capital Market (CM) 1,945,287 3,551,038 2,752,023 4,138,024 3,577,412
Equity F&O 7,356,242 13,090,478 11,010,482 17,663,665 29,248,221
Wholesale Debt Market (WDM) 219,106 282,317 335,952 563,816 559,447
Currency F&O * -- -- 162,272 1,782,608 3,449,788
Interest Rate Futures * -- -- -- 2,975 62
Total 9,520,635 16,923,833 14,260,729 24,151,088 36,834,930
* Availabe for trading on Currency Derivative Segment (CDS) F&O : Futures & Options
Table 1-2: Market Capitalisation of different Market Segments (As at end March)
(` cr.)
Segment/Year Mar-07 Mar-08 Mar-09 Mar-10 Mar-11
CM 3,367,350 4,858,122 2,896,194 6,009,173 6,702,616
WDM 1,784,801 2,123,346 2,848,315 3,165,929 3,594,877
Total 5,152,151 6,981,468 5,744,510 9,175,102 10,297,493
Table 1-3: NSE Figures as on March 31, 2011
Listed Companies 1,574
Trading Members 1,373
VSATS 2,332*
Number of cities having VSATS 185
* Does not include NSDL VSATs
Table 1-4: Records reached in different Market Segments (data from inception to March 31, 2011)
Parameter Date Magnitude
Capital Market Segment
Record Number of trades 19-May-09 11,260,392
Traded Quantity 19-May-09 19,225.95 Lakh
Contd...
4
Parameter Date Magnitude
Turnover 19-May-09 ` 40,152 cr.
Market Capitalisation 5-Nov-10 ` 75,60,607.49 cr.
Equity Futures & Options Segment
No. of trades 24-Feb-11 3,029,676
Number of contracts traded 24-Feb-11 10,497,798
Turnover 24-Feb-11 ` 277,277.49 cr.
Currency Derivatives Segment (Currency F & O)
No. of trades 24-Mar-11 90,563
Number of contracts traded 24-Mar-11 5,601,637
Turnover 24-Mar-11 ` 25,532.16 cr.
Interest Rate Futures
Record number of trades 31-Aug-09 1475
Record number of contracts 31-Aug-09 14559
Record daily turnover 31-Aug-09 ` 267.311 cr.
Wholesale Debt Market Segment
No. of trades 25-Aug-03 2,074
Turnover 25-Aug-03 ` 13,911.57 cr. Note : Date of inception : WDM - Jun, 1994, CM - Nov 3, 1994 : Equity F&O - Jun 12, 2000 : Currency Futures - Aug 29, 2008,
Currency Options - Oct 29, 2010 : IRF - Aug 31, 2009.
Table 1-5: Board of Directors of NSEIL*
1 Dr. Vijay L KelkarFormer Chairman, Finance Commission, IndiaFormer Union Finance Secretary and Advisor to the Finance Minister
Chairman
2 Mr. Ravi NarainNational Stock Exchange of India Ltd.
Managing Director
3 Ms. Chitra RamkrishnaNational Stock Exchange of India Ltd.
Joint Managing Director
4 Mr. C. AchuthanFormer Presiding Offi cer, Securities Appellate Tribunal
Director
5 Mr. Anjan BaruaDeputy Managing Director & Group Executive(Global Markets)State Bank of India
Director
6 Mrs. Ranjana KumarFormer Vigilance Commissioner, Central Vigilance Commission, Former Chairperson, National Bank for Agriculture and Rural Development (NABARD) and Indian Bank
Director
7 Mr. A. P. KurianFormer ChairmanAssociation of Mutual Funds in India
Director
Contd...
Contd...
5
8 Dr. Rajiv B. LallManaging Director & CEOIDFC Limited
Director
9 Mr. S. B. MainakExecutive Director(Investment-Risk Management and Research)Life Insurance Corporation of India
Director
10 Mr. Y. H. MalegamChairman EmeritusM/s. S.B. Billimoria & Co., Chartered Accountants
Director
11 Mr. S. B. MathurSecretary General, Life Insurance Council & Former Chairman, Life Insurance Corporation of India
Director
12 Dr. KRS MurthyProfessor & Former DirectorIndian Institute of Management, Bangalore
Director
13 Dr. R. H. PatilChairmanThe Clearing Corporation of India Ltd.
Director
14 Mrs. Bhagyam RamaniGeneral Manager & Director, GIC
Director
15 Dr. V. A. SastryDirector, MUSA Software Engineering Pvt. Ltd.Former Director, Infosys Technologies Ltd.
Director
16 Mr. Deepak M SatwalekarFormer Managing Director & CEOHDFC Standard Life Insurance Company Ltd.
Director
* As on May 10, 2011
Table 1-6: Executive Committees *
I CM & WDM SEGMENTS
1 Mr. Ravi Narain Managing Director, National Stock Exchange of India Ltd.
Chairman
2 Mr. D. C. Anjaria Director, International Financial Solutions Pvt. Ltd.
Public Representative
3 Mr. D. Balasundaram Chairman, M/s. Coimbatore Capital Limited Trading Member
4 Mr. Vimal Bhandari Country Manager – India AEGON International NV.
Public Representative
5 Mr. Atul Goel Director M/s. Pace Stock Broking Services Private Limited
Trading Member
6 Mr. Y. H. Malegam Chairman Emeritus, M/s. S.B.Billimoria & Co., Chartered Accountants
Public Representative
Contd...
Contd...
6
7 Mr. Gagan Rai Managing Director & CEO, National Securities Depository Limited
Other Nominees
8 Ms. Chitra Ramkrishna Joint Managing Director, National Stock Exchange of India Ltd
Other Nominees
9 Mr. Akhilesh Kumar Singh Managing Director & CEO, M/s. Shriram Insight Share Brokers Limited
Trading Member
10 Mr. Shankar Vailaya Director-Operations, M/s Sharekhan Ltd. Trading Member
11 Mr. P. M. Venkatasubramanian Former Managing Director, GIC Other Nominees
II F&O MARKET SEGMENT
1 Mr. Ravi Narain Managing Director, National Stock Exchange of India Ltd.
Chairman
2 Mr. D.C.Anjaria Director, International Finance Solutions Pvt. Ltd.
Public Representative
3 Prof. V. Ravi Anshuman Professor, Indian Institute of Management, Bangalore
Public Representative
4 Mr. Anup Bagchi Managing Director & CEO, M/s. ICICI Securities Limited
Trading Member
5 Mr. Shailesh Haribhakti Executive Chairman & Managing Partner, BDO Haribhakti
Public Representative
6 Mr. M. Raghavendra Former General Manager, General Insurance Corporation of India
Other Nominees
7 Mr. A.V. Rajwade Forex Consultant Public Representative
8 Ms. Chitra Ramkrishna Joint Managing Director, National Stock Exchange of India Ltd
Other Nominees
9 Mr. Kamlesh Shah Director, M/s. Total Securities Limited Trading Member
III CD SEGMENT
1 Mr. Ravi Narain Managing Director, National Stock Exchange of India Ltd.
Chairman
2 Mr. Pawan Bajaj Dy. General Manager-Treasury, Bank of India Trading Member
3 Mr. M. G.Bhide Former Chairman, Bank of India Public Representative
4 Mr. Conrad D’souza Senior General Manager, Treasury, Housing Development Finance Corporation Ltd
Public Representative
5 Dr. R. H. Patil Chairman, The Clearing Corporation of India Limited
Public Representative
6 Ms. Chitra Ramkrishna Joint Managing Director, National Stock Exchange of India Limited
Other Nominees
7 Mr. Suresh Senapaty Chief Financial Offi cer & Director,Wipro Limited
Public Representative
8 Mr. V Srinivasan Executive Director – Corporate Banking, M/s. Axis Bank Limited
Trading Member
* As on May 10, 2011
Contd...
Membership 2
8
9
2
Cont
d...
MembershipTa
ble
2-1:
Eli
gibi
lity
Cri
teri
a fo
r M
embe
rshi
p
CORP
ORA
TES
(Am
ount
in `
lakh
)
Part
icul
ars/
Seg
men
tsCM
CM a
nd F
&O
WD
MCM
and
WD
MCM
,WD
M a
nd F
&O
Min
imum
Pai
d-up
cap
ital
3030
3030
30N
et W
orth
10
010
0 (M
embe
rshi
p in
CM
se
gmen
t an
d Tr
adin
g/Tr
adin
g an
d se
lf
clea
ring
mem
bers
hip
in
F&O
seg
men
t)
300
(Mem
bers
hip
in C
M
segm
ent
and
Trad
ing
and
Clea
ring
mem
bers
hip
in
F&O
seg
men
t)
200
200
200(
Mem
bers
hip
in W
DM
se
gmen
t, C
M s
egm
ent
and
Trad
ing/
Trad
ing
and
Self
Cl
eari
ng m
embe
rshi
p in
F&
O
segm
ent)
300(
Mem
bers
hip
in W
DM
se
gmen
t, C
M s
egm
ent
and
Trad
ing
and
Clea
ring
m
embe
rshi
p in
F&
O s
egm
ent)
Inte
rest
Fre
e Se
curi
ty
Dep
osit
(IF
SD)
wit
h N
SEIL
8511
015
023
526
0
Inte
rest
Fre
e Se
curi
ty
Dep
osit
(IF
SD)
wit
h N
SCCL
1515
*N
IL15
15 *
Colla
tera
l Sec
urit
y D
epos
it
(CSD
) w
ith
NSC
CL25
25**
NIL
2525
**
Annu
al S
ubsc
ript
ion
11
NIL
11
Adva
nce
Min
imum
Tr
ansa
ctio
n Ch
arge
s fo
r Fu
ture
s Se
gmen
t
NIL
1N
ILN
IL1
Educ
atio
nTw
o di
rect
ors
shou
ld b
e H
SC.
Dea
lers
sho
uld
also
hav
e pa
ssed
SE
BI a
ppro
ved
cert
ific
atio
n te
st
- Ca
pita
l Mar
ket
Mod
ule
of N
CFM
.
Two
dire
ctor
s sh
ould
be
HSC
. D
eale
rs s
houl
d al
so h
ave
pass
ed S
EBI a
ppro
ved
cert
ific
atio
n te
st f
or
Der
ivat
ives
and
Cap
ital
M
arke
t M
odul
e of
NCF
M.
Two
dire
ctor
s sh
ould
be
HSC
. D
eale
rs s
houl
d al
so h
ave
pass
ed
FIM
MD
A-N
SE
Deb
t M
arke
t (B
asic
Mod
ule)
of
NCF
M.
Two
dire
ctor
s sh
ould
be
HSC
. D
eale
rs s
houl
d al
so
have
pas
sed
FIM
MD
A-N
SE D
ebt
Mar
ket
(Bas
ic
Mod
ule)
of
NCF
M.&
Ca
pita
l Mar
ket
Mod
ule
of N
CFM
.
Two
dire
ctor
s sh
ould
be
HSC
. D
eale
rs s
houl
d al
so h
ave
pass
ed F
IMM
DA-
NSE
Deb
t M
arke
t (B
asic
Mod
ule)
of
NCF
M,
Capi
tal M
arke
t M
odul
e of
NCF
M.
& S
EBI a
ppro
ved
cert
ific
atio
n te
st f
or
Der
ivat
ives
Expe
rien
ce--
----
----
----
-Tw
o ye
ar’s
exp
erie
nce
in s
ecur
itie
s m
arke
t---
----
----
----
----
----
Oth
er e
ligib
ility
cri
teri
aTh
e ap
plic
ant
mus
t be
eng
aged
sol
ely
in t
he b
usin
ess
of s
ecur
itie
s an
d m
ust
not
be e
ngag
ed i
n an
y fu
nd-b
ased
act
ivit
y.
The
Dir
ecto
rs/S
hare
hold
ers
of t
he a
pplic
ant
com
pany
sho
uld
not
be d
efau
lter
s on
any
sto
ck e
xcha
nge
and
shou
ld n
ot b
e de
barr
ed b
y SE
BI f
or b
eing
ass
ocia
ted
wit
h ca
pita
l mar
ket
as in
term
edia
ries
.Ne
t w
orth
req
uire
men
t fo
r Pr
ofes
sion
al C
lear
ing
mem
bers
in F
&O
seg
men
t is
` 3
00 la
khs.
Fur
ther
a P
rofe
ssio
nal C
lear
ing
mem
ber
need
s to
bri
ng In
tere
st F
ree
Secu
rity
Dep
osit
(IF
SD)
of
` 25
lakh
s w
ith
NSCC
L an
d Co
llate
ral S
ecur
ity
Depo
sit
(CSD
) of
` 2
5 la
khs
wit
h NS
CCL
as d
epos
its.
*Add
itio
nal I
nter
est
Free
Sec
urit
y De
posi
t (IF
SD)
of `
25
lakh
s w
ith
NSCC
L is
req
uire
d fo
r Tr
adin
g an
d Cl
eari
ng M
embe
r (T
M-C
M)
and
for
Trad
ing
and
Self
cle
arin
g M
embe
r (T
M/S
CM).
** A
ddit
iona
l Col
late
ral S
ecur
ity
Depo
sit
(CSD
) of
` 2
5 la
khs
wit
h NS
CCL
is r
equi
red
for
Trad
ing
and
Clea
ring
Mem
ber
(TM
-CM
) an
d fo
r Tr
adin
g an
d Se
lf c
lear
ing
Mem
ber
(TM
/SCM
).In
add
itio
n, a
mem
ber
clea
ring
for
oth
ers
is r
equi
red
to b
ring
in IF
SD o
f `
2 la
kh a
nd C
SD o
f `
8 la
kh p
er t
radi
ng m
embe
r he
und
erta
kes
to c
lear
in t
he F
&O
seg
men
t.
10
Cont
d...
Cont
d...
IND
IVID
UA
LS/P
ART
NER
SHIP
FIR
MS
(Am
ount
in `
lakh
)
Part
icul
ars
CM
CM a
nd F
&O
W
DM
CM a
nd W
DM
CM
,WD
M a
nd F
&O
Net
Wor
th
7575
(M
embe
rshi
p in
CM
se
gmen
t an
d Tr
adin
g m
embe
rshi
p in
F&
O s
egm
ent)
100
(Mem
bers
hip
in C
M
segm
ent
and
Trad
ing
and
Self
cl
eari
ng m
embe
rshi
p in
the
F&
O s
egm
ent)
300
(Mem
bers
hip
in C
M
segm
ent
and
Trad
ing
and
Clea
ring
mem
bers
hip
in F
&O
se
gmen
t)
200
200
200
(Mem
bers
hip
in W
DM
se
gmen
t, C
M s
egm
ent
and
Trad
ing/
Trad
ing
and
Self
Cl
eari
ng m
embe
rshi
p in
F&
O
segm
ent)
300
(Mem
bers
hip
in W
DM
se
gmen
t,CM
seg
men
t an
d Tr
adin
g an
d cl
eari
ng
mem
bers
hip
on F
&O
se
gmen
t)
Inte
rest
Fre
e Se
curi
ty
Dep
osit
(IF
SD)
wit
h N
SEIL
26.5
51.5
150
176.
520
1.5
Inte
rest
Fre
e Se
curi
ty
Dep
osit
(IF
SD)
wit
h N
SCCL
66
*N
IL6
6*
Colla
tera
l Sec
urit
y D
epos
it
(CSD
) w
ith
NSC
CL17
.517
.5 *
*N
IL17
.517
.5 *
*
Annu
al S
ubsc
ript
ion
0.5
0.5
NIL
0.5
0.5
Adva
nce
Min
imum
Tr
ansa
ctio
n Ch
arge
s fo
r Fu
ture
s Se
gmen
t
NIL
1N
ILN
IL1
Educ
atio
nPr
opri
etor
/ T
wo
Part
ners
sho
uld
be
HSC
. D
eale
rs s
houl
d al
so h
ave
pass
ed
SEBI
app
rove
d ce
rtif
icat
ion
test
-
Capi
tal M
arke
t M
odul
e of
NCF
M.
Prop
riet
or /
Tw
o Pa
rtne
rs
shou
ld b
e H
SC.
Dea
lers
sho
uld
also
hav
e pa
ssed
SEB
I app
rove
d ce
rtif
icat
ion
test
for
D
eriv
ativ
es a
nd C
apit
al
Mar
ket
Mod
ule
of N
CFM
.
Prop
riet
or /
Tw
o Pa
rtne
rs s
houl
d be
HSC
.D
eale
rs s
houl
d al
so h
ave
pass
ed
FIM
MD
A-N
SE
Deb
t M
arke
t (B
asic
Mod
ule)
of
NCF
M.
Prop
riet
or /
Tw
o Pa
rtne
rs s
houl
d be
HSC
.D
eale
rs s
houl
d al
so h
ave
pass
ed
FIM
MD
A-N
SE D
ebt
Mar
ket
(Bas
ic M
odul
e) o
f N
CFM
.&Ca
pita
l Mar
ket
Mod
ule
of N
CFM
.
Prop
riet
or /
Tw
o Pa
rtne
rs
shou
ld b
e H
SC.
Dea
lers
sho
uld
also
hav
e pa
ssed
FI
MM
DA-
NSE
Deb
t M
arke
t (B
asic
Mod
ule)
of
NCF
M,
Capi
tal M
arke
t M
odul
e of
N
CFM
.& S
EBI a
ppro
ved
cert
ific
atio
n te
st f
or
Der
ivat
ives
Expe
rien
ce--
----
----
----
-Tw
o ye
ar’s
exp
erie
nce
in s
ecur
itie
s m
arke
t---
----
----
----
----
----
11
Part
icul
ars
CM
CM a
nd F
&O
W
DM
CM a
nd W
DM
CM
,WD
M a
nd F
&O
Oth
er e
ligib
ility
cri
teri
aTh
e ap
plic
ant
shou
ld n
ot b
e en
gage
d in
any
fun
d ba
sed
acti
vity
. Th
e Pr
opri
etor
/Par
tner
s sh
ould
not
be
defa
ulte
rs o
n an
y st
ock
exch
ange
and
sho
ld n
ot b
e de
barr
ed b
y SE
BI f
or b
eing
ass
ocia
ted
wit
h ca
pita
l mar
ket
as in
term
edia
ries
Fur
ther
, Pa
rtne
rshi
p fi
rms
shou
ld n
ot b
e en
gage
d in
any
bus
ines
s ot
her
than
Sec
urit
ies.
*Add
itio
nal
Inte
rest
Fre
e Se
curi
ty D
epos
it (
IFSD
) of
` 2
5 la
khs
wit
h N
SCCL
is r
equi
red
for
Trad
ing
and
Clea
ring
Mem
ber
(TM
-CM
) an
d fo
r Tr
adin
g an
d Se
lf c
lear
ing
Mem
ber
(TM
/SCM
).**
Add
itio
nal
Coll
ater
al S
ecur
ity
Depo
sit
(CSD
) of
` 2
5 la
khs
wit
h N
SCCL
is r
equi
red
for
Trad
ing
and
Clea
ring
Mem
ber
(TM
-CM
) an
d fo
r Tr
adin
g an
d Se
lf c
lear
ing
Mem
ber
(TM
/SCM
).In
add
itio
n, a
mem
ber
clea
ring
for
oth
ers
is r
equi
red
to b
ring
in IF
SD o
f `
2 la
kh a
nd C
SD o
f `
8 la
kh p
er t
radi
ng m
embe
r he
und
erta
kes
to c
lear
in t
he F
&O
seg
men
t.
Cont
d...
CURR
ENCY
DER
IVAT
IVES
- Co
rpor
ates
, In
divi
dual
s an
d Fi
rms
(Am
ount
in `
lakh
)Pa
rtic
ular
sN
SE M
embe
rsN
CDEX
Mem
bers
New
App
lican
ts
Trad
ing
Mem
bers
hip
Trad
ing
cum
Cl
eari
ng
Mem
bers
hip
Trad
ing
Mem
bers
hip
Trad
ing
cum
Cl
eari
ng
Mem
bers
hip
Trad
ing
Mem
bers
hip
Trad
ing
cum
Cl
eari
ng
Mem
bers
hip
Prof
essi
onal
Cl
eari
ng
Mem
bers
hip
Net
wor
th10
010
0010
010
0010
010
0010
00Ca
sh t
o N
SEIL
22
22
22
-N
on-c
ash
to N
SEIL
88
10.5
1313
18-
Cash
to
NSC
CL -
25 -
25 -
2525
Non
cas
h to
NSC
CL -
25 -
25 -
2525
Educ
atio
nPr
opri
etor
/Tw
o Pa
rtne
rs/T
wo
dire
ctor
s sh
ould
be
HSC
.D
eale
rs s
houl
d al
so h
ave
pass
ed S
EBI
appr
oved
Nat
iona
l In
stit
ute
of S
ecur
itie
s M
arke
ts (
NIS
M)
Seri
es I
– C
urre
ncy
Der
ivat
ives
Cer
tifi c
atio
n Ex
amin
atio
n
Expe
rien
ce--
----
----
----
-Tw
o ye
ar’s
exp
erie
nce
in s
ecur
itie
s m
arke
t---
----
----
----
----
----
Oth
er e
ligib
ility
cr
iter
iaPr
opri
etor
/Par
tner
s/D
irec
tors
/Sha
reho
lder
s sh
ould
not
be
defa
ulte
rs o
n an
y st
ock
exch
ange
and
mus
t no
t be
deb
arre
d by
SEB
I fo
r be
ing
asso
ciat
ed w
ith
capi
tal
mar
ket
as i
nter
med
iari
es.
The
app
lican
t m
ust
be e
ngag
ed s
olel
y in
the
bus
ines
s of
sec
urit
ies
and
mus
t no
t be
en
gage
d in
any
fun
d-ba
sed
acti
vity
.*
* In
add
itio
n to
the
indi
vidu
als,
cor
pora
tes
and
part
ners
hip
fi rm
s, B
anks
aut
hori
zed
by t
he R
eser
ve B
ank
of In
dia
unde
r se
ctio
n 10
of
the
Fore
ign
Exch
ange
Man
agem
ent
Act,
199
9 as
‘AD
Ca
tego
ry-
I ban
k’ t
o be
com
e tr
adin
g an
d cl
eari
ng m
embe
rs o
f th
e cu
rren
cy d
eriv
ativ
es m
arke
t of
the
rec
ogni
zed
stoc
k ex
chan
ges,
on
thei
r ow
n ac
coun
t an
d on
beh
alf
of
thei
r cl
ient
s,
subj
ect
to m
inim
um p
rude
ntia
l re
quir
emen
ts o
f m
inim
um n
et w
orth
of `
500
cror
es,
min
imum
CRA
R of
10
per
cent
, ne
t N
PA n
ot e
xcee
ding
3 p
er c
ent
and
net
profi
t s
houl
d ha
ve b
een
mad
e fo
r th
e la
st 3
yea
rs.
The
AD C
ateg
ory-
I ba
nks
whi
ch f
ulfi l
l th
e pr
uden
tial
re
quir
emen
ts a
re r
equi
red
to l
ay d
own
deta
iled
guid
elin
es w
ith
the
appr
oval
of
thei
r Bo
ards
for
tra
ding
and
cle
arin
g of
cur
renc
y de
riva
tive
s co
ntra
cts
and
man
agem
ent
of r
isks
. AD
Cat
egor
y-I
bank
s w
hich
do
not
mee
t th
e ab
ove
min
imum
pru
dent
ial
requ
irem
ents
and
AD
Cat
egot
ry-
I ba
nks
whi
ch a
re U
rban
Co-
oper
ativ
e ba
nks
or S
tate
Co-
oper
ativ
e ba
nks
can
part
icip
ate
in t
he c
urre
ncy
deri
vati
ves
mar
ket
only
as
clie
nts,
sub
ject
to
appr
oval
the
refo
re f
rom
the
res
pect
ive
regu
lato
ry D
epar
tmen
ts
of t
he R
eser
ve B
ank.
In c
ase
the
mem
ber
is o
ptin
g fo
r m
embe
rshi
p of
any
oth
er s
egm
ent(
s) i
n co
mbi
nati
on w
ith
the
mem
bers
hip
of C
urre
ncy
Der
ivat
ives
seg
men
t, t
he a
pplic
able
net
wor
th w
ill b
e th
e m
inim
um n
et w
orth
req
uire
d fo
r th
e ot
her
segm
ent(
s) o
r th
e m
inim
um n
et w
orth
req
uire
d fo
r Cu
rren
cy D
eriv
ativ
es S
egm
ent,
whi
chev
er is
hig
her.
The
elig
ibili
ty c
ondi
tion
for
app
lican
ts p
lann
ing
to a
pply
for
new
mem
bers
hip
of t
he E
xcha
nge
is t
hat
eith
er t
he p
ropr
ieto
r/on
e de
sign
ated
dir
ecto
r/pa
rtne
r or
the
Com
plia
nce
Offi
cer
of
the
appl
ican
t en
tity
sho
uld
be s
ucce
ssfu
lly c
erti
fi ed
eith
er in
Sec
urit
ies
Mar
ket
(Bas
ic)
Mod
ule
or C
ompl
ianc
e O
ffi c
ers
(Bro
kers
) M
odul
e or
the
rel
evan
t m
odul
e pe
rtai
ning
to
the
segm
ents
w
here
in m
embe
rshi
p of
the
Exc
hang
e ha
d be
en s
ough
t.
12
Table 2-2: Growth and Distribution of Members
Month/Year(end of period)
CM WDM CDS CM/WDM/F&O/CDS
TOTAL
Apr-10 105 5 52 1,149 1,311
May-10 105 4 53 1,156 1,318
Jun-10 104 4 52 1,164 1,324
Jul-10 103 4 53 1,171 1,331
Aug-10 103 4 53 1,177 1,337
Sep-10 103 4 53 1,180 1,340
Oct-10 101 4 55 1,188 1,348
Nov-10 99 4 54 1,194 1,351
Dec-10 99 3 54 1,202 1,358
Jan-11 99 3 54 1,207 1,363
Feb-11 100 3 56 1,212 1,371
Mar-11 99 3 56 1,215 1,373
Listing of Securities 3
14
15
3Listing of Securities
Table 3-1: Listing Criteria for Companies on the CM Segment of NSE
Criteria Initial Public Offerings (IPOs) Companies listed on other exchanges
Paid-up Equity Capital (PUEC)/Market Capitalisation (MC) /Net Worth
PUEC ≥ ` 10 cr. and MC ≥ ` 25 cr. PUEC ≥ ` 10 cr. and MC ≥ ` 25 cr. OR PUEC ≥ ` 25 cr. ORMC ≥ ` 50 cr. OR The company shall have a net worth of not less than `50 crores in each of the preceding three financial years.
Company/Promoter’s Track Record
Atleast 3 years track record of eithera) the applicant seeking listing OR b) the promoters/promoting company
incorporated in or outside India OR c) Partnership firm and subsequently
converted into Company not in existence as a Company for three years and approaches the Exchange for listing. The Company subsequently formed would be considered for listing only on fulfillment of conditions stipulated by SEBI in this regard.
Atleast three years track record of eithera) the applicant seeking listing; ORb) the promoters/promoting company,
incorporated in or outside India.
Dividend Record / Net worth / Distributable Profits
-- Dividend paid in at least 2 out of the last 3 financial years immediately preceding the year in which the application has been made OR The networth of the applicants atleast `50 crores OR The applicant has distributable profits in at least two out of the last three financial years.
Listing -- Listed on any other stock exchange for at least last three years OR listed on the exchange having nationwide trading terminals for at least one year.
Other Requirements
(a) No disciplinary action by other stock exchanges/regulatory authority in past 3 yrs.
(b) Satisfactory redressal mechanism for investor grievances,
(c) distribution of shareholding (d) details of litigation record in past 3
years.(e) Track record of Directors of the
Company
(a) No disciplinary action by other stock exchanges/regulatory authority in past 3 yrs.
(b) Satisfactory redressal mechanism for investor grievances,
(c) distribution of shareholding and (d) details of llitigation record in past 3 years(e) Track record of Directors of the Company(f) Change in control of a Company/
Utilisation of funds raised from public
Note: 1. (a) In case of IPOs, Paid up Equity Capital means post issue paid up equity capital. (b) In case of Existing companies listed on other exchanges, the existing paid up equity capital as well as the paid up
equity capital after the proposed issue for which listing is sought shall be taken into account.2. (a) In case of IPOs, market capitalisation is the product of the issue price and the post-issue number of equity shares. (b) In case of case of Existing companies listed on other stock exchanges the market capitalisation shall be calculated
16
by using a 12 month moving average of the market capitalisation over a period of six months immediately preceding the date of application. For the purpose of calculating the market capitalisation over a 12 month period, the average of the weekly high and low of the closing prices of the shares as quoted on the National Stock Exchange during the last twelve months and if the shares are not traded on the National Stock Exchange such average price on any of the recognised Stock Exchanges where those shares are frequently traded shall be taken into account while determining market capitalisation after making necessary adjustments for Corporate Action such as Rights / Bonus Issue/Split.
3. In case of Existing companies listed on other stock exchanges, the requirement of `25 crores market capital shall not be applicable to listing of securities issued by Government Companies, Public Sector Undertakings, Financial Institutions, Nationalised Banks, Statutory Corporations and Banking Companies who are otherwise bound to adhere to all the relevant statutes, guidelines, circulars, clarifications etc. that may be issued by various regulatory authorities from time to time
4. Net worth means paid-up equity capital + reserves excluding revaluation reserve - miscellaneous expenses not written off - negative balance in profit and loss account to the extent not set off.
5. Promoters mean one or more persons with minimum 3 years of experience of each of them in the same line of business and shall be holding at least 20 % of the post issue equity share capital individually or severally.
6. In case a company approaches the Exchange for listing within six months of an IPO, the securities may be considered as eligible for listing if they were otherwise eligible for listing at the time of the IPO. If the company approaches the Exchange for listing after six months of an IPO, the norms for existing listed companies may be applied and market capitalisation be computed based on the period from the IPO to the time of listing.
Table 3-2: Listing Fees in the CM Segment
Particulars Amount (`)
Initial Listing fees 50,000
Annual Listing fees (on paid-up share, bond and/ or debenture and/or debt capital, etc.)
a) Upto ` 5 Crores 18,000
b) Above ` 5 Crores and upto ` 10 Crores 31,500
c) Above ` 10 Crores and upto ` 20 Crores 57,500
d) Above ` 20 Crores and upto ` 30 Crores 90,000
e) Above ` 30 Crores and upto ` 40 Crores 1,00,000
f) Above ` 40 Crores and upto ` 50 Crores 1,05,000
g) Above ` 50 Crores and upto ` 100 Crores 1,75,000
h) Above ` 100 Crores and upto ` 150 Crores 2,00,000
i) Above ` 150 Crores and upto ` 200 Crores 2,40,000
j) Above ` 200 Crores and upto ` 250 Crores 2,75,000
k) Above ` 250 Crores and upto ` 300 Crores 3,10,000
l) Above ` 300 Crores and upto ` 350 Crores 3,40,000
m) Above ` 350 Crores and upto ` 400 Crores 3,75,000
n) Above ` 400 Crores and upto ` 450 Crores 4,35,000
o) Above ` 450 Crores and upto ` 500 Crores 5,00,000
Companies which have a paid up share, bond and/or debenture and/or debt capital, etc of more than `500 crores will have to pay a minimum fees of `5,00,000/- and an additional listing fees of `3,400/- for every increase of `5 crores or part thereof in the paid up share, bond and/ debenture and/or debt capital etc.
Companies which have a paid up share, bond and/or debenture and/or debt capital, etc. of more than `1,000 crores will have to pay minimum fees of `8,50,000/- and an additional listing fees of `3,700/- for every increase of `5 crores or part thereof in the paid up share, bond and/or debenture and/or debt capital etc
17
Table 3-3: Companies Listed, Permitted to Trade, Available for Trading on the CM Segment
Month/Year No. of Companies Listed *
No. of Companies Permitted *
No. of Companies Available for Trading
* @
Market Capitalisation
(` cr.) *Nov-94 0 300 300 292,637Mar-95 135 543 678 363,350Mar-96 422 847 1269 401,459Mar-97 550 934 1484 419,367Mar-98 612 745 1357 481,503Mar-99 648 609 1254 491,175Mar-00 720 479 1152 1,020,426Mar-01 785 320 1029 657,847Mar-02 793 197 890 636,861Mar-03 818 107 788 537,133Mar-04 909 18 787 1,120,976Mar-05 970 1 839 1,585,585Mar-06 1,069 -- 929 2,813,201Mar-07 1,228 - 1,084 3,367,350 Mar-08 1,381 -- 1,236 4,858,122 Mar-09 1,432 -- 1,291 2,896,194Apr-09 1,420 -- 1,279 3,375,025 May-09 1,425 -- 1,280 4,564,572 Jun-09 1,426 -- 1,282 4,432,596 Jul-09 1,430 -- 1,287 4,816,459 Aug-09 1,431 -- 1,288 4,975,800 Sep-09 1,434 -- 1,287 5,353,880 Oct-09 1,439 -- 1,291 5,024,830 Nov-09 1,443 10 1,292 5,430,088 Dec-09 1,453 10 1,303 5,699,637 Jan-10 1,457 31 1,338 5,782,965 Feb-10 1,461 31 1,342 5,755,305 Mar-10 1470 37 1359 6,009,173 Apr-10 1,478 36 1,367 6,117,858 May-10 1,484 36 1374 5,932,578 Jun-10 1,490 45 1,388 6,229,136 Jul-10 1,497 45 1,392 6,340,120 Aug-10 1,504 54 1,408 6,393,418 Sep-10 1,512 54 1,412 6,958,534 Oct-10 1,530 60 1,435 7,055,094 Nov-10 1,536 59 1,440 6,894,912 Dec-10 1,552 59 1,456 7,139,310 Jan-11 1,558 59 1,462 6,441,491 Feb-11 1,563 61 1,470 6,195,967 Mar-11 1,574 61 1,484 6,702,616
* At the end of the period.@ Excludes suspended companies.
18
Tabl
e 3-
4: S
hare
hold
ing
Patt
ern
at t
he e
nd o
f M
arch
201
1 fo
r co
mpa
nies
lis
ted
at N
SE
Sect
ors
PRO
MO
TERS
PUBL
ICSh
ares
he
ld b
y Cu
stod
ians
an
d ag
ains
t w
hich
De-
posi
tory
Re
ceip
ts
have
bee
n is
sued
INST
ITU
TIO
NA
LN
ON
-IN
STIT
UTI
ON
AL
Indi
an P
rom
oter
s Fo
reig
n Pr
omot
ers
Fina
ncia
l In
situ
tion
s/Ba
nks/
Cen-
tral
Gov
ern-
men
t/St
ate
Gov
ernm
ent/
Insu
ranc
e Co
mpa
nies
Fore
ign
In-
stit
utio
nal
Inve
stor
s
Mut
ual
Fund
s Ve
ntur
e Ca
pita
l Fu
nds
incl
udin
g Fo
reig
n Ve
ntur
e Ca
pita
l Fu
nds
Any
Oth
er B
odie
s Co
rpor
ate
Indi
vidu
als
Any
oth
er
Bank
s45
.95%
1.17
%8.
82%
17.6
2%3.
08%
0.00
% 0.
12%
4.91
%13
.91%
1.21
%3.
21%
Engi
neer
ing
30.2
0%1.
24%
10.1
9%9.
36%
9.31
%1.
27%
0.29
%6.
40%
24.6
2%6.
26%
0.88
%
Fina
nce
38.6
2%1.
62%
7.72
%23
.35%
2.01
%0.
43%
1.88
%5.
08%
13.4
4%4.
44%
1.41
%
FMCG
26.0
7%2.
70%
12.2
2%16
.34%
7.92
%0.
00%
0.18
%6.
21%
11.1
3%16
.80%
0.45
%
Info
rmat
ion
Tech
-no
logy
36.6
0%5.
95%
0.98
%21
.16%
3.16
%0.
00%
0.00
%4.
44%
16.9
7%10
.75%
0.00
%
Infr
astr
uctu
re71
.18%
2.75
%4.
19%
7.87
%1.
76%
0.47
% 0.
00%
3.55
%6.
48%
1.71
%0.
03%
Man
ufac
turi
ng47
.83%
8.21
%5.
10%
9.41
%2.
29%
0.05
%0.
10%
6.39
%13
.59%
3.06
%3.
96%
Med
ia &
En
tert
ainm
ent
46.7
4%3.
85%
1.63
%10
.97%
4.58
%0.
00%
0.00
%10
.17%
16.4
3%2.
04%
3.58
%
Petr
oche
mic
als
59.9
5%6.
30%
5.34
%6.
52%
2.39
%0.
00%
0.03
%7.
82%
8.31
%2.
78%
0.55
%
Phar
mac
euti
cals
43.7
7%6.
71%
4.43
%10
.19%
3.37
%0.
06%
0.44
%7.
79%
18.4
0%2.
56%
2.28
%
Serv
ices
53.1
1%5.
74%
7.99
%7.
41%
1.56
%0.
03%
0.00
%8.
61%
11.6
0%2.
34%
1.61
%
Tele
com
mun
ica-
tion
53.2
6%7.
11%
4.79
%8.
44%
1.38
%0.
00%
0.00
%5.
13%
8.91
%9.
18%
1.79
%
Mis
cella
neou
s47
.81%
1.70
%1.
76%
13.6
5%2.
00%
0.11
% 0.
06%
8.70
%16
.38%
6.72
%1.
12%
Num
ber
of S
hare
s16
0,86
7,40
2,78
4 17
,562
,992
,385
17
,273
,318
,393
32
,056
,259
,308
8,
058,
173,
947
454,
160,
675
485,
792,
374
18,5
45,3
54,5
99
36,4
12,0
70,4
23
11,8
65,1
78,4
56
7,12
7,73
9,38
0
% to
Tot
al N
umbe
r of
Sha
res
51.7
7%5.
65%
5.56
%10
.32%
2.59
%0.
15%
0.16
%5.
97%
11.7
2%3.
82%
2.29
%
19
Table 3-5: Pledged shares data as of March 2011
Company Classification
Indian Promoters
Foreign Promoters
Total Promoters Holding
Shares Pledged %age of pledged shares
Banks 7,333,565,371 187,196,941 7,520,762,312 8,293,616 0.11
Engineering 743,636,803 30,444,271 774,081,074 65,801,658 8.50
Finance 5,211,528,569 218,937,209 5,430,465,778 138,951,649 2.56
FMCG 4,256,225,861 440,431,184 4,696,657,045 519,322,788 11.06
Information Technology 219,701,862 35,712,910 255,414,772 6,236,876 2.44
Infrastructure 42,450,878,684 1,639,634,823 44,090,513,507 5,298,748,547 12.02
Manufacturing 63,485,655,095 10,903,053,827 74,388,708,922 8,076,115,384 10.86
Media & Entertainment 3,427,185,681 282,410,524 3,709,596,205 767,369,251 20.69
Petrochemicals 15,393,320,804 1,617,284,662 17,010,605,466 359,958,404 2.12
Pharmaceuticals 3,798,150,342 582,624,944 4,380,775,286 254,619,639 5.81
Services 3,897,209,090 421,291,875 4,318,500,965 379,838,820 8.80
Telecommunication 8,435,960,539 1,125,453,865 9,561,414,404 614,295,042 6.42
Miscellaneous 2,214,384,083 78,515,350 2,292,899,433 357,542,433 15.59
Total 178,430,395,169 16,847,094,107 9.44
Table 3-6: Eligibility Criteria for Securities on WDM Segment
Issuer Eligibility Criteria for listing
Public Issue / Private Placement
Corporates (Public limited companies and Private limited companies)
● Paid-up capital of ` 10 crores; or● Market capitalisation of ` 25 crores
(In case of unlisted companies Networth more than ` 25 crores)● Credit rating
Public Sector Undertaking, Statutory Corporation established/ constituted under Special Act of Parliament /State Legislature, Local bodies/authorities,
● Credit rating
Mutual Funds:Units of any SEBI registered Mutual Fund/scheme :● Investment objective to invest
predominantly in debt or● Scheme is traded in secondary
market as debt instrument
● Qualifies for listing under SEBI’s Regulations
Contd...
20
Issuer Eligibility Criteria for listing
Public Issue / Private Placement
Infrastructure companies● Tax exemption and recognition
as infrastructure company under related statutes/regulations
● Qualifies for listing under the respective Acts, Rules or Regulations under which the securities are issued.
● Credit rating
Financial Institutions u/s. 4A of Companies Act, 1956 including Industrial Development Corporations
Public Issue Private Placement
Qualifies for listing under the respective Acts, Rules or Regulations under which the securities are issued.
Credit rating
Banks ● Scheduled banks ● Networth of `50 crores or above● Qualifies for listing under
the respective Acts, Rules or Regulations under which the securities are issued.
● Scheduled Banks● Networth of `50 crores
or above● Credit rating
Table 3-7: Securities Available for Trading on WDM Segment (as on March 31)
Securities 2010 2011
Number Amount Amount Number Amount Amount
(` cr.) (US $ mn.) (` cr.) (US $ mn.)
Government Securities 1,461 2,472,978 547,846 1,508 2,840,182 636,099
T-Bills 54 137,500 30,461 54 140,418 31,449
PSU Bonds 795 161,904 35,867 852 191,542 42,899
Institutional Bonds 299 77,568 17,184 361 103,973 23,286
Bank Bonds 518 164,385 36,417 518 182,616 40,900
Corporate Bonds 992 133,428 29,559 1,166 169,337 37,925
Others 21 3,117 690 20 3,518 788
Total 4,140 3,150,880 698,024 4,479 3,631,587 813,345
Contd...
21
Table 3-8: Funds Mobilisation on the Exchange during 2010-11
Particulars No. of Issues Amount Amount
(` cr.) (US $ mn.)
Equity Public Issues
IPOs 51 33,390.93 7,478.37
FPOs 4 13,043.88 2,921.36
IDR issue 1 2,486.34 556.85
Rights Issues 18 8,414.06 1,884.45
QIP 48 23,020.64 5,155.80
Preferential Allotment 279 29,042.05 6,504.38
Non-Convertible Debentures
Public Issue 7 8,881.53 1,989.14
Total 408 118,279.43 26,490.35
Table 3-9: Initial Public Offerings (IPOs) of Equity Shares during 2010-11
Sr. No.
Company Name Issue Size (` cr.)
Date of Listing
No. of securities
issued
Issue Price (`)
1 Pradip Overseas Limited 116.60 5-Apr-10 10,600,049 110
2 Persistent Systems Limited 168.01 6-Apr-10 5,419,706 310
3 Shree Ganesh Jewellery House Limited 371.02 9-Apr-10 14,269,831 260
4 Intrasoft Technologies Limited 53.65 12-Apr-10 3,700,000 145
5 Goenka Diamond and Jewels Limited 126.51 16-Apr-10 9,371,000 135
6 Talwalkars Better Value Fitness Limited 77.47 10-May-10 6,050,000 128
7 Nitesh Estates Limited 405.00 13-May-10 75,000,000 54
8 Tarapur Transformers Limited 63.75 18-May-10 8,500,011 75
9 Mandhana Industries Limited 107.90 19-May-10 8,300,000 130
10 SJVN Limited 1,062.73 20-May-10 415,000,000 26
11 Jaypee Infratech Limited 2,257.60 21-May-10 222,933,497 102
12 Parabolic Drugs Limited 200.00 26-Jun-2010 26,666,667 75
13 Technofab Engineering Limited 71.66 13-Jul-2010 2,990,000 240
14 Hindustan Media Ventures Limited 270.00 15-Jul-2010 16,265,060 166
15 Aster Silicates Limited 53.10 24-Jul-2010 4,500,000 118
16 SKS Microfinance Limited 1,628.78 16-Aug-10 16,791,579 985
17 Bajaj Corp Limited 297.00 18-Aug-10 4,500,000 660
18 Prakash Steelage Limited 68.75 25-Aug-10 11,250,000 110
Contd...
22
Sr. No.
Company Name Issue Size (` cr.)
Date of Listing
No. of securities
issued
Issue Price (`)
19 Gujarat Pipavav Port Limited 553.85 9-Sep-10 120,403,021 46
20 Indosolar Limited 357.00 29-Sep-10 123,103,448 29
21 Microsec Financial Services Limited 147.50 5-Oct-10 12,500,000 118
22 Career Point Infosystems Limited 115.00 6-Oct-10 3,712,822 310
23 Eros International Media Limited 350.00 6-Oct-10 20,000,000 175
24 Electrosteel Steels Limited 285.28 8-Oct-10 259,343,616 11
25 Orient Green Power Company Limited 900.00 8-Oct-10 191,489,361 47
26 Ramky Infrastructure Limited 530.00 8-Oct-10 11,777,777 450
27 Gallantt Ispat Limited 40.50 11-Oct-10 8,100,208 50
28 Cantabil Retail India Limited 105.00 12-Oct-10 7,777,778 135
29 Tecpro Systems Limited 267.91 12-Oct-10 7,550,000 355
30 VA Tech Wabag Limited 472.59 13-Oct-10 3,607,581 1310
31 Ashoka Buildcon Limited 225.00 14-Oct-10 6,944,444 324
32 Bedmutha Industries Limited 91.84 14-Oct-10 9,004,211 102
33 Commercial Engineers & Body Builders Co Limited
172.41 18-Oct-10 13,575,831 127
34 Oberoi Realty Limited 1,028.61 20-Oct-10 39,562,000 260
35 BS TransComm Limited 190.45 27-Oct-10 7,679,410 248
36 Gyscoal Alloys Limited 54.67 27-Oct-10 7,700,000 71
37 Prestige Estates Projects Limited 1,200.00 27-Oct-10 65,573,770 183
38 Coal India Limited 15,199.44 4-Nov-10 631,636,440 245
39 Gravita India Limited 45.00 16-Nov-10 3,600,000 125
40 R.P.P. Infra Projects Limited 48.75 6-Dec-10 6,500,584 75.00
41 MOIL Limited 1,237.51 15-Dec-10 33,600,000 375.00
42 A2Z Maintenance & Engineering Services Limited
776.24 23-Dec-10 19,407,750 400.00
43 Ravi Kumar Distilleries Limited 73.60 27-Dec-10 11,500,000 64.00
44 Punjab & Sind Bank 470.82 30-Dec-10 40,000,000 120.00
45 Shekhawati Poly-Yarn Limited 36.02 12-Jan-11 12,008,886 30
46 C. Mahendra Exports Limited 165.00 20-Jan-11 15,000,000 110.00
47 Omkar Speciality Chemicals Limited 79.38 10-Feb-11 8,100,004 98
48 Acropetal Technologies Limited 170.01 10-Mar-11 18,890,358 90.00
49 Sudar Garments Limited 69.98 11-Mar-11 4,550,000 205.00
50 Lovable Lingerie Limited 93.28 24-Mar-11 156,700,000 28.00
51 PTC India Financial Services Limited 438.76 30-Mar-11 9,088,000 77.00
Contd...
23
Table 3-10: Resource Mobilisation through public issue of NCDs during 2010-11
S.No. Name of the Company Date Amount Mobilised
(` cr.)
Amount Mobilised (US $ mn.)
1 Shriram Transport Finance Company Limited 2-Jun-10 499.99 111.98
2 State Bank of India 12-Nov-10 1000.00 223.96
3 Infrastructure Development Finance Company Limited 22-Nov-10 471.03 105.49
4 L&T Infrastructure Finance Company Limited 10-Dec-10 256.22 57.38
5 Infrastructure Development Finance Company Limited 1-Mar-11 757.29 169.61
6 State Bank of India 23-Mar-11 5497.00 1,231.13
7 L&T Infrastructure Finance Company Limited 29-Mar-11 400.00 89.59
Table 3-11: Rights Issues during 2010-11
S. No. Company Name Date of Listing Amount Mobilised(` cr.)
Amount Mobilised(US $ mn.)
1 Swaraj Mazda Limited 1-Apr-10 79.70 17.85
2 The Andhra Pradesh Paper Mills Limited
7-Apr-10 35.09 7.86
3 IBN18 Broadcast Limited 8-Apr-10 509.53 114.12
4 Hinduja Foundries Limited 26-Apr-10 50.28 11.26
5 Adani Enterprises Limited 28-Apr-10 1478.52 331.13
6 Videocon Industries Limited 29-Apr-10 1156.33 258.98
7 Suzlon Energy Limited 15-Jul-10 1188.39 266.16
8 Rei Agro Limited 3-Aug-10 1245.38 278.92
9 ECE Industries Limited 12-Aug-10 43.88 9.83
10 Trent Limited 2-Sep-10 244.83 54.83
11 Trent Limited 2-Sep-10 244.83 54.83
12 Gulf Oil Corporation Limited 9-Sep-10 79.32 17.76
13 Sadbhav Engineering Limited 21-Sep-10 45.31 10.15
14 State Bank of Mysore 14-Oct-10 583.19 130.61
15 Rohit Ferro-Tech Limited 1-Nov-10 94.75 21.22
16 Murudeshwar Ceramics Limited 28-Jan-11 35.02 7.84
17 Jyoti Structures Limited 23-Feb-11 120.86 27.07
18 EIH Limited 30-Mar-11 1178.86 264.02
Total 8,414.06 1,884.45
24
Table 3-12: Preferential Allotments by NSE Listed Companies during 2010-11
S.No. Company Name Amount Raised Amount Raised
(` cr.) (US $ mn.)1 Mahindra Forgings Limited 41.10 9.20
2 Lloyds Steel Industries Limited 13.00 2.91
3 Electrosteel Castings Limited 32.20 7.21
4 Orient Press Limited 5.00 1.12
5 Century Enka Limited 15.13 3.39
6 Kopran Limited 1.85 0.41
7 Educomp Solutions Limited 4.17 0.93
8 The Dhampur Sugar Mills Limited 0.32 0.07
9 Sejal Architectural Glass Limited 3.20 0.72
10 Rana Sugars Limited 4.14 0.93
11 Shriram City Union Finance Limited 23.50 5.26
12 Shriram City Union Finance Limited 26.50 5.94
13 Shriram City Union Finance Limited 80.00 17.92
14 Gujarat NRE Coke Limited 9.54 2.14
15 Core Projects and Technologies Limited 88.80 19.89
16 Housing Development and Infrastructure Limited 312.00 69.88
17 Himachal Futuristic Communications Limited 20.00 4.48
18 Surya Roshni Limited 10.80 2.42
19 Ballarpur Industries Limited 135.00 30.24
20 Network18 Media & Investments Limited 11.00 2.46
21 Subex Limited 32.00 7.17
22 Unitech Limited 253.75 56.83
23 Emco Limited 19.16 4.29
24 KEI Industries Limited 8.40 1.88
25 Vakrangee Softwares Limited 7.70 1.72
26 Bajaj Holdings & Investment Limited 218.45 48.93
27 Southern Petrochemicals Industries Corporation Limited 30.00 6.72
28 Southern Petrochemicals Industries Corporation Limited 11.81 2.64
29 Tantia Constructions Limited 7.13 1.60
30 Surana Industries Limited 45.00 10.08
31 JCT Electronics Limited 1.60 0.36
32 Steel Strips Wheels Limited 5.78 1.29
33 Arvind Limited 8.25 1.85
34 Bhartiya International Limited 3.44 0.77
Contd...
Contd...
25
S.No. Company Name Amount Raised Amount Raised
(` cr.) (US $ mn.)35 PVR Limited 42.19 9.45
36 Tanla Solutions Limited 9.10 2.04
37 Ambica Agarbathies & Aroma industries Limited 5.04 1.13
38 Softpro Systems Limited 6.30 1.41
39 Abhishek Corporation Limited 5.00 1.12
40 Century Enka Limited 18.92 4.24
41 Deep Industries Limited 7.25 1.62
42 Monnet Ispat Limited 86.65 19.41
43 Prajay Engineers Syndicate Limited 16.84 3.77
44 Reliance Infrastructure Limited 1820.62 407.75
45 Shiv-Vani Oil & Gas Exploration Services Limited 93.40 20.92
46 Amtek India Limited 25.46 5.70
47 Aarti Drugs Limited 2.10 0.47
48 Ramkrishna Forgings Limited 11.83 2.65
49 Gammon India Limited 69.91 15.66
50 Rana Sugars Limited 4.03 0.90
51 Valecha Engineering Limited 2.54 0.57
52 Softpro Systems Limited 6.30 1.41
53 Cholamandalam Investment and Finance Company Limited 100.22 22.45
54 Clutch Auto Limited 1.84 0.41
55 Bartronics India Limited 51.04 11.43
56 Bartronics India Limited 3.00 0.67
57 Bartronics India Limited 5.00 1.12
58 K Sera Sera Productions Limited 3.00 0.67
59 Trigyn Technologies Limited 2.47 0.55
60 Kale Consultants Limited 1.63 0.36
61 Cholamandalam Investment and Finance Company Limited 300.00 67.19
62 Housing Development and Infrastructure Limited 192.00 43.00
63 Sujana Universal Industries Limited 8.13 1.82
64 Indo Asian Fusegear Limited 4.00 0.90
65 Bombay Rayon Fashions Limited 111.94 25.07
66 Paramount Communications Limited 2.60 0.58
67 Sterlite Technologies Limited 41.93 9.39
68 Sterlite Technologies Limited 0.00 0.00
Contd...
Contd...
26
S.No. Company Name Amount Raised Amount Raised
(` cr.) (US $ mn.)69 Amtek Auto Limited 98.42 22.04
70 R. S. Software (India) Limited 0.74 0.17
71 Spentex Industries Limited 3.83 0.86
72 Nissan Copper Limited 20.19 4.52
73 GI Engineering Solutions Limited 1.98 0.44
74 Indo Count Industries Limited 3.00 0.67
75 Indo Count Industries Limited 0.25 0.06
76 RPG Life Sciences Limited 1.66 0.37
77 R. S. Software (India) Limited 0.78 0.17
78 The Sirpur Paper Mills Limited 5.00 1.12
79 Alps Industries Limited 3.96 0.89
80 Sri Adhikari Brothers Television Network Limited 18.88 4.23
81 Ballarpur Industries Limited 165.00 36.95
82 Banswara Syntex Limited 6.77 1.52
83 Jayaswal Neco Industries Limited 48.00 10.75
84 Rico Auto Industries Limited 5.72 1.28
85 Orbit Corporation Limited 37.95 8.50
86 Unitech Limited 299.71 67.13
87 Micro Technologies (India) Limited 25.45 5.70
88 Softpro Systems Limited 5.40 1.21
89 Strides Arcolab Limited 23.33 5.23
90 Dewan Housing Finance Corporation Limited 111.15 24.89
91 Kale Consultants Limited 3.19 0.72
92 C & C Constructions Limited 50.00 11.20
93 Sathavahana Ispat Limited 33.15 7.42
94 Websol Energy Systems Limited 7.50 1.68
95 Strides Arcolab Limited 3.83 0.86
96 Agro Dutch Industries Limited 20.00 4.48
97 Helios And Matheson Information Technology Limited 5.20 1.16
98 Shri Lakshmi Cotsyn Limited 33.28 7.45
99 Softpro Systems Limited 1.80 0.40
100 Ansal Housing and Construction Limited 3.60 0.81
101 Opto Circuits (India) Limited 7.88 1.76
102 Sujana Metal Products Limited 27.30 6.11
Contd...
Contd...
27
S.No. Company Name Amount Raised Amount Raised
(` cr.) (US $ mn.)103 Bharati Shipyard Limited 10.96 2.45
104 Gujarat NRE Coke Limited 26.31 5.89
105 Ansal Properties & Infrastructure Limited 70.54 15.80
106 Edserv Softsystems Limited 2.00 0.45
107 Kemrock Industries and Exports Limited 32.81 7.35
108 MIC Electronics Limited 8.26 1.85
109 Sujana Tower Limited 55.00 12.32
110 Gemini Communication Limited 5.33 1.19
111 Ruchi Soya Industries Limited 79.61 17.83
112 Ruchi Soya Industries Limited 74.04 16.58
113 Videocon Industries Limited 159.85 35.80
114 MSK Projects (India) Limited 211.30 47.32
115 Sujana Tower Limited 33.00 7.39
116 Vardhman Polytex Limited 7.92 1.77
117 Malwa Cotton Spg. Mills Limited 1.10 0.25
118 Omnitech Infosolutions Limited 4.60 1.03
119 Omnitech Infosolutions Limited 7.31 1.64
120 Sujana Metal Products Limited 31.50 7.05
121 Unitech Limited 101.50 22.73
122 Raj Rayon Limited 0.95 0.21
123 Kotak Mahindra Bank Limited 1366.12 305.96
124 MVL Industries Limited 0.99 0.22
125 Tata Steel Limited 891.00 199.55
126 Visesh Infotecnics Limited 6.30 1.41
127 Visesh Infotecnics Limited 0.50 0.11
128 Housing Development and Infrastructure Limited 120.00 26.88
129 Rana Sugars Limited 7.02 1.57
130 Sabero Organics Gujarat Limited 0.14 0.03
131 Sabero Organics Gujarat Limited 3.23 0.72
132 Sabero Organics Gujarat Limited 4.82 1.08
133 Sabero Organics Gujarat Limited 0.10 0.02
134 Sujana Tower Limited 9.90 2.22
135 Tata Chemicals Limited 363.40 81.39
136 Aptech Limited 37.09 8.31
137 Glodyne Technoserve Limited 104.44 23.39
Contd...
Contd...
28
S.No. Company Name Amount Raised Amount Raised
(` cr.) (US $ mn.)138 Softpro Systems Limited 1.80 0.40
139 Sujana Metal Products Limited 25.20 5.64
140 Everest Kanto Cylinder Limited 81.00 18.14
141 Karuturi Global Limited 37.80 8.47
142 IDBI Bank Limited 3119.04 698.55
143 Resurgere Mines & Minerals India Limited 81.25 18.20
144 Strides Arcolab Limited 29.35 6.57
145 Lumax Auto Technologies Limited 23.82 5.33
146 Motilal Oswal Financial Services Limited 16.53 3.70
147 Spentex Industries Limited 6.51 1.46
148 Pantaloon Retail (India) Limited 91.50 20.49
149 Pioneer Distilleries Limited 2.89 0.65
150 Softpro Systems Limited 0.59 0.13
151 Supreme Infrastructure India Limited 19.49 4.37
152 Valecha Engineering Limited 0.78 0.17
153 Celebrity Fashions Limited 3.08 0.69
154 SEL Manufacturing Company Limited 29.16 6.53
155 Hotel Leela Venture Limited 48.50 10.86
156 Selan Exploration Technology Limited 20.30 4.55
157 Shopper’s Stop Limited 122.87 27.52
158 Educomp Solutions Limited 3.50 0.78
159 Micro Technologies (India) Limited 7.63 1.71
160 Reliance Broadcast Network Limited 283.26 63.44
161 JSW Steel Limited 4800.72 1075.19
162 Agro Dutch Industries Limited 1.84 0.41
163 Hind Syntex Limited 1.84 0.41
164 JHS Svendgaard Laboratories Limited 0.30 0.07
165 Ruchi Soya Industries Limited 43.75 9.80
166 Religare Enterprises Limited 250.00 55.99
167 Gujarat NRE Coke Limited 29.93 6.70
168 Ind-Swift Laboratories Limited 7.33 1.64
169 Malwa Cotton Spg. Mills Limited 1.10 0.25
170 Cholamandalam Investment and Finance Company Limited 150.00 33.59
171 Sri Adhikari Brothers Television Network Limited 13.61 3.05
172 Arvind Limited 1.80 0.40
Contd...
Contd...
29
S.No. Company Name Amount Raised Amount Raised
(` cr.) (US $ mn.)173 Delta Corp Limited 176.70 39.57
174 Karuturi Global Limited 4.14 0.93
175 Karuturi Global Limited 75.00 16.80
176 Prajay Engineers Syndicate Limited 20.82 4.66
177 GTN Industries Limited 7.50 1.68
178 Celestial Biolabs Limited 1.67 0.37
179 Supreme Infrastructure India Limited 12.00 2.69
180 Lloyds Steel Industries Limited 168.50 37.74
181 RPG Life Sciences Limited 3.41 0.76
182 Su-Raj Diamonds and Jewellery Limited 35.00 7.84
183 Aptech Limited 7.58 1.70
184 Kopran Limited 1.95 0.44
185 Southern Petrochemicals Industries Corporation Limited 38.19 8.55
186 Pratibha Industries Limited 35.00 7.84
187 Micro Technologies (India) Limited 1.38 0.31
188 JMC Projects (India) Limited 90.05 20.17
189 Suzlon Energy Limited 191.96 42.99
190 Action Construction Equipment Limited 19.66 4.40
191 Decolight Ceramics Limited 30.60 6.85
192 IVRCL Assets & Holdings Limited 150.00 33.59
193 Pioneer Embroideries Limited 1.18 0.26
194 Diamond Power Infra Ltd 18.00 4.03
195 Ind-Swift Limited 4.89 1.10
196 JSW Steel Limited 146.69 32.85
197 Southern Petrochemicals Industries Corporation Limited 27.45 6.15
198 Religare Enterprises Limited 250.00 55.99
199 Edserv Softsystems Limited 7.20 1.61
200 Orbit Corporation Limited 75.90 17.00
201 UFLEX Limited 105.00 23.52
202 Nissan Copper Limited 12.43 2.78
203 Winsome Yarns Limited 20.85 4.67
204 The Indian Hotels Company Limited 373.10 83.56
205 Paras Petrofils Limited 6.97 1.56
206 Man Industries (India) Limited 0.88 0.20
207 Man Industries (India) Limited 3.50 0.78
Contd...
Contd...
30
S.No. Company Name Amount Raised Amount Raised
(` cr.) (US $ mn.)208 Man Industries (India) Limited 0.88 0.20
209 Arihant Foundations & Housing Limited 3.83 0.86
210 Valecha Engineering Limited 2.07 0.46
211 Aditya Birla Nuvo Limited 568.25 127.27
212 Sathavahana Ispat Limited 4.32 0.97
213 Sathavahana Ispat Limited 5.13 1.15
214 Arvind Limited 28.28 6.33
215 Crew B.O.S. Products Limited 0.38 0.08
216 Videocon Industries Limited 200.01 44.79
217 Cura Technologies Limited 0.90 0.20
218 Surya Roshni Limited 26.96 6.04
219 Surya Roshni Limited 94.87 21.25
220 Ansal Housing and Construction Limited 3.60 0.81
221 Cura Technologies Limited 3.60 0.81
222 Websol Energy Systems Limited 4.00 0.90
223 Maytas Infra Limited 4.51 1.01
224 Maytas Infra Limited 52.98 11.87
225 Maytas Infra Limited 301.92 67.62
226 Steel Strips Wheels Limited 44.20 9.90
227 Mudra Lifestyle Limited 72.00 16.13
228 Emco Limited 19.90 4.46
229 Shilpa Medicare Limited 70.00 15.68
230 IFB Industries Limited 5.00 1.12
231 Reliance Infrastructure Limited 2094.65 469.13
232 Surana Industries Limited 210.00 47.03
233 Unitech Limited 200.00 44.79
234 Unitech Limited 299.60 67.10
235 Asian Electronics Limited 1.65 0.37
236 Everonn Education Limited 203.74 45.63
237 Ispat Industries Limited 2157.00 483.09
238 Cura Technologies Limited 3.60 0.81
239 Prakash Industries Limited 81.00 18.14
240 Rajshree Sugars & Chemicals Limited 6.82 1.53
241 Monnet Ispat Limited 94.71 21.21
242 Paras Petrofils Limited 3.15 0.71
Contd...
Contd...
31
S.No. Company Name Amount Raised Amount Raised
(` cr.) (US $ mn.)243 Cura Technologies Limited 3.60 0.81
244 Deep Industries Limited 13.05 2.92
245 Cura Technologies Limited 5.40 1.21
246 Sujana Universal Industries Limited 10.63 2.38
247 Usher Agro Limited 6.15 1.38
248 Sujana Tower Limited 44.00 9.85
249 Valecha Engineering Limited 0.85 0.19
250 Paras Petrofils Limited 6.05 1.35
251 Simbhaoli Sugars Limited 15.00 3.36
252 Gammon India Limited 74.42 16.67
253 Rico Auto Industries Limited 11.25 2.52
254 Opto Circuits (India) Limited 65.63 14.70
255 Broadcast Initiatives Limited 21.90 4.90
256 First Winner Industries Limited 30.00 6.72
257 MVL Industries Limited 1.60 0.36
258 Steel Strips Wheels Limited 22.43 5.02
259 Prajay Engineers Syndicate Limited 21.31 4.77
260 Mercator Lines Limited 48.95 10.96
261 Subex Limited 33.41 7.48
262 Alps Industries Limited 0.55 0.12
263 Alps Industries Limited 0.55 0.12
264 Edserv Softsystems Limited 0.43 0.10
265 Amtek Auto Limited 129.60 29.03
266 Core Projects and Technologies Limited 28.67 6.42
267 Cambridge Technology Enterprises Limited 9.14 2.05
268 Cura Technologies Limited 5.40 1.21
269 Bajaj Holdings & Investment Limited 236.07 52.87
270 Karuturi Global Limited 220.50 49.38
271 Tricom India Limited 2.50 0.56
272 Genus Power Infrastructures Limited 7.60 1.70
273 Paramount Communications Limited 2.77 0.62
274 REI Six Ten Retail Limited 15.00 3.36
275 Arvind Remedies Limited 50.01 11.20
276 Digjam Limited 4.88 1.09
277 S. Kumars Nationwide Limited 53.61 12.01
Contd...
Contd...
32
S.No. Company Name Amount Raised Amount Raised
(` cr.) (US $ mn.)278 Vardhman Polytex Limited 3.70 0.83
279 Vardhman Polytex Limited 3.99 0.89
Total 29042.05 6504.38
Table 3-13: Amount raised through QIP during 2010-11
Sr.No Name of the company Amount Raised Amount Raised
(` cr.) (US $ mn.)
1 Alok Industries Limited 424.66 95.11
2 JSL Limited 247.37 55.40
3 Jubilant Organosys Limited 387.13 86.70
4 3i Infotech Limited 179.99 40.31
5 C & C Constructions Limited 76.87 17.22
6 GMR Infrastructure Limited 1,400.00 313.55
7 Welspun India Limited 156.03 34.95
8 Bharat Forge Limited 272.00 60.92
9 Bharat Forge Limited 1.30 0.29
10 Allcargo Global Logistics Limited 104.65 23.44
11 Phillips Carbon Black Limited 99.29 22.24
12 Kalpataru Power Transmission Limited 450.32 100.85
13 Magma Fincorp Limited 122.42 27.42
14 Gujarat NRE Coke Limited 10.40 2.33
15 Dewan Housing Finance Corporation Limited 375.00 83.99
16 GSS America Infotech Limited 45.65 10.22
17 Godrej Consumer Products Limited 531.30 118.99
18 Ess Dee Aluminium Limited 86.03 19.27
19 Infrastructure Development Finance Company Limited 2,654.18 594.44
20 The Dhanalakshmi Bank Limited 380.73 85.27
21 Nilkamal Limited 60.00 13.44
22 Adani Enterprises Limited 4,000.00 895.86
23 Jyothy Laboratories Limited 227.88 51.04
24 Escorts Limited 33.38 7.48
25 Indiabulls Financial Services Limited 13.75 3.08
Contd...
Contd...
33
Sr.No Name of the company Amount Raised Amount Raised
(` cr.) (US $ mn.)
26 Aksh Optifibre Limited 22.52 5.04
27 Housing Development and Infrastructure Limited 1,157.50 259.24
28 S. Kumars Nationwide Limited 231.55 51.86
29 Edserv Softsystems Limited 61.25 13.72
30 Elder Pharmaceuticals Limited 69.70 15.61
31 IndusInd Bank Limited 1,172.75 262.65
32 Strides Arcolab Limited 455.00 101.90
33 JBF Industries Limited 83.14 18.62
34 Shopper’s Stop Limited 129.8 29.07
35 HSIL Limited 149.99 33.59
36 Parsvnath Developers Limited 269.52 60.36
37 Tata Motors Limited 893.60 200.13
38 Tata Motors Limited 2,457.41 550.37
39 Ansal Properties & Infrastructure Limited 231.41 51.83
40 Pratibha Industries Limited 100.00 22.40
41 Kiri Dyes and Chemicals Limited 239.02 53.53
42 Tilaknagar Industries Limited 135.00 30.24
43 Vardhman Textiles Limited 200.00 44.79
44 Prime Focus Limited 72.98 16.34
45 Northgate Technologies Limited 28.70 6.43
46 Usher Agro Limited 100.00 22.40
47 Mahindra & Mahindra Financial Services Limited 426.26 95.47
48 Canara Bank 1,993.20 446.41
Total 23,020.64 5,155.80
Table 3-14: Companies Delisted during 2010-11
Compulsory / Voluntary Delisting Details
Name of the company Symbol Date of Delisting Details
Micro Inks Limited MICRO 13-Apr-10 Voluntary
HSBC InvestDirect (India) Limited HINVDIR 15-Jul-10 Voluntary
Contd...
34
Capital Market Segment 4
36
37
4
Cont
d...
Capital Market SegmentTa
ble
4-1:
Bus
ines
s G
row
th o
f CM
Seg
men
t
Mon
th &
Ye
arN
o. o
f Tr
ad-
ing
Day
s
No.
of
Trad
esTr
aded
Q
uant
ity
Tra
ding
Val
ueAv
erag
e D
aily
Tr
adin
g Va
lue
Turn
-ov
er
Rati
o
Dem
at
Trad
ed
Qua
ntit
y
Dem
at T
radi
ng V
alue
Mar
ket
Capi
talis
atio
n
(lakh
)(la
kh)
(` c
r.)(U
S $
mn.
)(`
cr.)
(U
S $
mn.
)(%
)(la
kh)
(` c
r.)
(US
$ m
n.)
(` c
r.)
(US
$ m
n.)
1994
-95
(Nov
.-M
ar.)
102
31,
391
1,80
557
417
60.
50--
----
363
,350
11
5,60
6
1995
-96
246
6639
,912
67,2
8719
,589
276
8016
.76
----
-- 4
01,4
59
116,
873
1996
-97
250
264
135,
561
294,
503
82,0
801,
176
328
70.2
3--
----
419
,367
11
6,88
0
1997
-98
244
381
135,
685
370,
193
93,6
491,
520
384
76.8
8--
----
481
,503
12
1,80
7
1998
-99
251
546
165,
327
414,
474
97,6
831,
651
389
84.3
88,
542
23,8
185,
613
491
,175
11
5,76
0
1999
-00
254
984
242,
704
839,
052
192,
353
3,30
375
782
.23
153,
772
711,
706
163,
159
1,02
0,42
6 23
3,93
3
2000
-01
251
1,6
76
329,
536
1,33
9,51
028
7,20
25,
337
1,14
420
3.62
307,
222
1,26
4,33
727
1,08
465
7,84
714
1,04
8
2001
-02
247
1,75
327
8,40
851
3,16
710
5,15
72,
078
426
80.5
827
7,71
751
2,86
610
5,09
563
6,86
113
0,50
4
2002
-03
251
2,39
836
4,06
661
7,98
913
0,10
32,
462
518
115.
0536
4,04
961
7,98
413
0,10
253
7133
113,
081
2003
-04
254
3,78
071
3,30
01,
099,
534
253,
407
4,32
999
898
.09
713,
300
1,09
9,53
425
3,40
71,
120,
976
258,
349
2004
-05
253
4,51
079
7,68
51,
140,
072
260,
588
4,50
61,
030
71.9
079
7,68
51,
140,
072
260,
588
1,58
5,58
5 36
2,41
9
2005
-06
251
6,0
88
844
,486
1,
569,
558
351,
840
6,25
3 1,
402
55.7
9 8
44,4
86
1,56
9,55
8 35
1,84
02,
813,
201
630,
621
2006
-07
249
7,8
46
855
,456
1,
945,
287
446,
269
7,8
12
1,79
257
.77
855
,456
1,
945,
287
446,
269
3,36
7,35
0 77
2,50
5
2007
-08
251
11,7
27
1,49
8,46
9 3,
551,
038
888,
426
4,1
48
3,54
0 73
.09
1,49
8,46
9 3,
551,
038
888,
426
4,85
8,12
2 1,
215,
442
2008
-09
243
13,6
51
1,42
6,35
5 2,
752,
023
540,
142
11,3
25
2,22
3 95
.02
1,42
6,35
5 2,
752,
023
540,
142
2,89
6,19
4 5
68,4
39
Apr-
09 1
7 1
,271
1
83,1
56
266
,697
5
9,08
2 1
5,68
8 3,
475
-- 1
83,1
56
266
,697
5
9,08
2 3
,375
,025
7
47,6
79
May
-09
20
1,4
83
229
,028
3
82,5
61
84,
750
19,
128
4,23
7 --
229
,028
3
82,5
61
84,
750
4,5
64,5
72
1,0
11,2
03
Jun-
09 2
2 1
,800
2
74,8
51
482
,414
1
06,8
71
21,
928
4,85
8 --
274
,851
4
82,4
14
106
,871
4
,432
,596
9
81,9
66
Jul-
09 2
3 1
,709
2
19,3
56
426
,143
9
4,40
5 1
8,52
8 4,
105
-- 2
19,3
56
426
,143
9
4,40
5 4
,816
,459
1
,067
,005
Aug-
09 2
1 1
,475
1
94,4
27
364
,969
8
0,85
3 1
7,37
9 3,
850
-- 1
94,4
27
364
,969
8
0,85
3 4
,975
,800
1
,102
,304
38
Mon
th &
Ye
arN
o. o
f Tr
ad-
ing
Day
s
No.
of
Trad
esTr
aded
Q
uant
ity
Tra
ding
Val
ueAv
erag
e D
aily
Tr
adin
g Va
lue
Turn
-ov
er
Rati
o
Dem
at
Trad
ed
Qua
ntit
y
Dem
at T
radi
ng V
alue
Mar
ket
Capi
talis
atio
n
(lakh
)(la
kh)
(` c
r.)(U
S $
mn.
)(`
cr.)
(U
S $
mn.
)(%
)(la
kh)
(` c
r.)
(US
$ m
n.)
(` c
r.)
(US
$ m
n.)
Sep-
09 2
0 1
,387
1
96,5
12
365
,063
8
0,87
4 1
8,25
3 4,
044
-- 1
96,5
12
365
,063
8
0,87
4 5
,353
,880
1
,186
,061
Oct
-09
20
1,3
47
168
,479
3
62,9
69
80,
410
18,
148
4,02
0 --
168
,479
3
62,9
69
80,
410
5,0
24,8
30
1,1
13,1
66
Nov
-09
20
1,3
17
157
,401
3
24,4
77
71,
882
16,
224
3,59
4 --
157
,401
3
24,4
77
71,
882
5,4
30,0
88
1,2
02,9
44
Dec
-09
21
1,2
56
150
,384
2
92,9
00
64,
887
13,
948
3,09
0 --
150
,384
2
92,9
00
64,
887
5,6
99,6
37
1,2
62,6
58
Jan-
10 1
9 1
,403
1
80,4
24
338
,443
7
4,97
6 1
7,81
3 3,
946
-- 1
80,4
24
338
,443
7
4,97
6 5
,782
,965
1
,281
,118
Feb-
10 2
0 1
,133
1
23,5
41
245
,143
5
4,30
7 1
2,25
7 2,
715
-- 1
23,5
41
245
,143
5
4,30
7 5
,755
,305
1
,274
,990
Mar
-10
21
1,2
35
137
,971
2
86,2
46
63,
413
13,
631
3,02
0 --
137
,971
2
86,2
46
63,
413
6,0
09,1
73
1,3
31,2
30
2009
-20
10 2
44
16,8
16
2,21
5,53
0 4,
138,
023
916,
709
16,9
59
3,75
7 6
8.86
2,2
15,5
30
4,13
8,02
3 91
6,70
9 6,
009,
173
1,33
1,23
0
Apr-
1020
1,2
05
144
,060
2
76,5
66
61,
941
13,
828
3,09
7 --
144
,060
2
76,5
66
61,
941
6,1
17,8
58
1,3
70,1
81
May
-10
22 1
,249
1
39,8
12
284
,625
6
3,74
6 1
2,93
7 2,
898
-- 1
39,8
12
284
,625
6
3,74
6 5
,932
,578
1
,328
,685
Jun-
1022
1,2
48
143
,616
2
86,1
09
64,
078
13,
005
2,91
3 --
143
,616
2
86,1
09
64,
078
6,2
29,1
36
1,3
95,1
03
Jul-
1022
1,2
19
139
,417
2
78,5
51
62,
385
12,
661
2,83
6 --
139
,417
2
78,5
51
62,
385
6,3
40,1
20
1,4
19,9
60
Aug-
1022
1,3
61
152
,467
3
11,9
94
69,
875
14,
182
3,17
6 --
152
,467
3
11,9
94
69,
875
6,3
93,4
18
1,4
31,8
96
Sep-
1021
1,3
69
173
,285
3
29,8
69
73,
879
15,
708
3,51
8 --
173
,285
3
29,8
69
73,
879
6,9
58,5
34
1,5
58,4
62
Oct
-10
21 1
,447
1
93,2
48
360
,472
8
0,73
3 1
7,16
5 3,
844
-- 1
93,2
48
360
,472
8
0,73
3 7
,055
,094
1
,580
,088
Nov
-10
21 1
,413
1
88,2
17
363
,993
8
1,52
1 1
7,33
3 3,
882
-- 1
88,2
17
363
,993
8
1,52
1 6
,894
,912
1
,544
,213
Dec
-10
22 1
,307
1
51,1
08
295
,685
6
6,22
3 1
3,44
0 3,
010
-- 1
51,1
08
295
,685
6
6,22
3 7
,139
,310
1
,598
,950
Jan-
1120
1,1
84
130
,217
2
67,3
32
59,
873
13,
367
2,99
4 --
130
,217
2
67,3
32
59,
873
6,4
41,4
91
1,4
42,6
63
Feb-
1120
1,2
78
141
,168
2
66,5
04
59,
687
13,
325
2,98
4 --
141
,168
2
66,5
04
59,
687
6,1
95,9
67
1,3
87,6
75
Mar
-11
22 1
,227
1
27,9
00
255
,712
5
7,27
0 1
1,62
3 2,
603
-- 1
27,9
00
255
,712
5
7,27
0 6
,702
,616
1
,501
,146
2010
-11
255
15,5
07
1,82
4,51
5 3,
577,
410
801,
212
14,0
29
3,14
2 5
3.37
1,8
24,5
15
3,57
7,41
0 80
1,21
2 6,
702,
616
1,50
1,14
6
Cont
d...
39
Table 4-2: Frequency Distribution of Companies traded during 2010-11
Trading Frequency (Range of Days)
2009-10 2010-11
No. of Companies Traded
Percentage of Total
No. of Companies Traded
Percentage of Total
Above 100 1,301 92.9 1,444 93.7
91-100 15 1.1 7 0.5
81-90 3 0.2 5 0.3
71-80 9 0.6 7 0.5
61-70 2 0.1 11 0.7
51-60 23 1.6 5 0.3
41-50 6 0.4 6 0.4
31-40 6 0.4 8 0.5
21-30 9 0.6 8 0.5
11-20 14 1.0 11 0.7
1-10 13 0.9 29 1.9
Total 1,401 100.0 1,541 100.0
Table 4-3: Trading Frequency of Companies in Cash Segment during 2010-11
Month/ Year Companies Available for Trading*
No. of companies Traded Percent of Traded to Available for Trading
Apr-10 1,367 1,346 98.5
May-10 1,374 1,349 98.2
Jun-10 1,388 1,364 98.3
Jul-10 1,392 1,373 98.6
Aug-10 1,408 1,389 98.7
Sep-10 1,412 1,395 98.8
Oct-10 1,435 1,415 98.6
Nov-10 1,440 1,419 98.5
Dec-10 1,456 1,432 98.4
Jan-11 1,462 1,440 98.5
Feb-11 1,470 1,444 98.2
Mar-11 1,484 1,450 97.7
*At the end of the period Includes listed/permitted to trade companies but excludes suspended companies.
40
Table 4-4: Advances/Declines in Cash Segment of NSE (No. of Securities)
Month/Date NSEAdvances Declines Advance / Decline Ratio
Apr-10 1,119 245 4.6
May-10 379 987 0.4
Jun-10 696 674 1.0
Jul-10 1,129 258 4.4
Aug-10 802 593 1.4
Sep-10 937 478 2.0
Oct-10 846 574 1.5
Nov-10 483 962 0.5
Dec-10 143 1,304 0.1
Jan-11 347 1,115 0.3
Feb-11 96 1,371 0.1
Mar-11 547 927 0.6Note: Advance/Decline is calculated based on the average price methodology.Stocks which have been traded in both months have been considered
Table 4-5: Citywise Turnover of NSE in the CM Segment (In %)
City 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11
Ahmedabad 3.00 2.90 3.38 5.27 6.96 6.20
Bangalore 1.65 1.33 0.8 0.62 0.64 0.57
Baroda 0.77 0.89 0.8 0.7 0.58 0.52
Bhubaneshwar 0.02 0.02 0.01 0.00 0.00 0.00
Chennai 2.77 2.18 1.9 1.97 1.67 1.56
Cochin 0.61 0.54 0.51 0.76 1.44 1.70
Coimbatore 0.44 0.25 0.2 0.33 0.32 0.26
Delhi 13.37 13.54 14.67 14.97 14.88 10.80
Guwahati 0.02 0.03 0.02 0.01 0.01 0.01
Hyderabad 1.91 1.21 1.26 1.73 1.84 1.58
Indore 0.83 0.78 0.65 0.49 0.58 0.59
Jaipur 1.15 0.88 0.74 0.56 0.53 0.46
Kanpur 0.21 0.17 0.1 0.07 0.07 0.15
Kolkata/Howrah 11.39 10.59 10.96 9.24 8.26 7.50
Ludhiana 0.32 0.22 0.2 0.17 0.15 0.13
Mangalore 0.06 0.06 0.04 0.03 0.02 0.00
Mumbai / Thane 52.43 57.06 57.66 55.85 54.52 58.60
Patna 0.08 0.06 0.29 0.03 0.03 0.03
Pune 0.56 0.41 0.04 0.22 0.21 0.25
Rajkot 0.31 0.36 0.75 1.28 1.37 1.56
Others 8.10 6.54 5.01 5.70 5.91 7.54
Total 100 100 100 100 100 100
41
Table 4-6: Internet Trading Value in the CM segment in comparison with total trading volumes at NSE
Year Enabled Members*
Registered Clients*
Internet Trading Volume
Internet Trading Volume
% of total trading volume
(` cr.) (US $ mn.)
2006-07 242 2,279,098 337,524 77,432 17.352007-08 305 4,405,134 668,399 167,225 18.822008-09 349 5,627,789 692,789 135,974 25.172009-10 363 5,143,705 921,380 204,116 11.132010-11 387 5,640,513 765,271 171,393 10.70
* At the end of the financial year Trading volumes are calculated as buy side + sell side turnoverData is based on statistics of Internet based trading uploaded by trading members.
Table 4-7: Asset Management Companies whose schemes of Mutual Funds are Listed on NSE as of March 2011
No. Name of Asset Management Company
1 Benchmark Asset Management Company Private Limited2 Birla Sun Life Asset Management Company Limited3 Deutsche Asset Management (India) Private Limited4 Fortis Investment Management (India) Private Limited5 Franklin Templeton Asset Management (India) Pvt. Ltd.6 HDFC Asset Management Company Limited7 IDFC Asset Management Company Private Limited8 Kotak Mahindra Asset Management Company Limited9 Principal Pnb Asset Management Co. Pvt. Ltd.
10 Quantum Asset Management Co. Private Ltd.11 Reliance Capital Asset Management Limited12 Religare Asset Management Co. Pvt. Ltd.13 SBI Funds Management Private Limited14 Taurus Asset Management Company Limited15 UTI Asset Management Co. Ltd.16 Sundaram BNP Paribas Asset Management Company Limited 17 ICICI Prudential Asset Management Company Limited18 JM Financial Asset Management Company Limited19 Bharti AXA Investment Managers Private Limited20 L&T Investment Management Limited21 DSP BlackRock Investment Managers Private Limited22 Canara Robeco Asset Management Company Limited23 FIL Fund Management Private Limited24 Motilal Oswal Asset Management Company Limited25 Axis Asset Management Company Limited26 JP Morgan Asset Management India Private Limited27 IDBI Asset Management Limited28 AIG Global Asset Management Company India Private Limited
Contd...
42
No. Name of Asset Management Company
29 Baroda Pioneer Asset Management Company Limited 30 HSBC Asset Management Company India Private Limited 31 Pramerica Asset Managers Private Limited 32 Sahara Asset Management Company Private Limited
Table 4-8: NSE CM transaction charges*
Total Traded Value in a month Transaction Charges
(` per lakh of Traded Value)
Up to First ` 1250 cores ` 3.25 each side
More than ` 1250 crores up to ` 2500 crores (on incremental volume)
` 3.20 each side
More than ` 2500 crores up to ` 5000 crores (on incremental volume)
` 3.15 each side
More than ` 5000 crores up to ` 10000 crores (on incremental volume)
` 3.10 each side
More than ` 10000 crores up to ` 15000 crores(on incremental volume)
` 3.05 each side
Exceeding ` 15000 crores (on incremental volume)
` 3.00 each side
* w.e.f. October 2009. This is not applicable for money market instruments, Gold ETF & Hangseng BeES.
Table 4-9: Securities Transaction Tax (STT) in CM Segment of NSE*
Sr.No Taxable securities transaction Rate (%) Payable by
1 Purchase of an equity share in a company or a unit of an equity oriented fund, where –(a) the transaction of such purchase is entered into in a
recognised stock exchange; and(b) the contract for the purchase of such share or unit is
settled by the actual delivery or transfer of such share or unit.
0.125 Purchaser.
2 Sale of an equity share in a company or a unit of an equity oriented fund, where –(a) the transaction of such sale is entered into in a
recognised stock exchange; and(b) the contract for the sale of such share or unit is
settled by the actual delivery or transfer of such share or unit.
0.125 Seller.
3 Sale of an equity share in a company or a unit of an equity oriented fund, where –(a) the transaction of such sale is entered into in a
recognised stock exchange; and(b) the contract for the sale of such share or unit is settled
otherwise than by the actual delivery or transfer of such share or unit.
0.025 Seller.
* w.e.f. June 1, 2006
Contd...
43
Table 4-10: Percentage Share of Top ‘N’ Securities/Member in Turnover
Year No. of Securities/Brokers
5 10 25 50 100
Securities
1994-95 (Nov.-Mar.) 48.77 55.92 68.98 81.14 91.07
1995-96 82.98 86.60 90.89 93.54 95.87
1996-97 84.55 91.96 95.70 97.03 98.19
1997-98 72.98 85.17 92.41 95.76 97.90
1998-99 52.56 67.11 84.71 92.03 95.98
1999-00 39.56 59.22 82.31 88.69 93.66
2000-01 52.15 72.90 88.93 94.57 97.46
2001-02 44.43 62.92 82.24 91.56 95.91
2002-03 40.58 55.41 77.8 89.16 95.38
2003-04 31.04 44.87 64.32 79.44 91.03
2004-05 25.88 41.65 57.98 72.40 84.26
2005-06 22.15 31.35 46.39 59.22 73.12
2006-07 16.97 25.25 43.46 61.94 77.22
2007-08 16.29 26.78 45.46 61.47 77.29
2008-09 20.48 32.58 56.36 74.66 87.69
2009-10 15.43 26.15 46.80 64.24 78.20
2010-11 15.25 23.03 38.73 53.58 68.93
Members
1994-95 (Nov.-Mar.) 18.19 26.60 44.37 61.71 81.12
1995-96 10.65 16.56 28.61 41.93 58.59
1996-97 5.94 10.08 19.67 30.57 45.95
1997-98 6.29 10.59 18.81 29.21 44.24
1998-99 7.73 11.96 20.77 31.66 47.02
1999-00 7.86 12.99 22.78 34.41 49.96
2000-01 7.78 12.76 23.00 33.86 48.79
2001-02 7.14 12.29 23.63 36.32 53.40
2002-03 10.26 16.41 29.07 42.49 59.15
2003-04 11.58 17.36 30.34 44.05 61.37
2004-05 13.52 20.20 34.97 49.01 65.09
2005-06 14.62 22.57 38.17 52.57 38.45
2006-07 14.72 24.27 42.61 56.71 71.22
2007-08 14.57 25.71 44.70 60.11 73.90
2008-09 13.56 23.62 43.55 61.21 75.42
2009-10 14.63 23.48 41.00 57.01 72.71
2010-11 14.35 23.83 42.85 58.61 73.04
44
Table 4-11: ‘50’ Most Active Securities during 2010-11 in Terms of Trading Value
Rank Name of Security Trading Value % Share
in Total Trading Value
Market Capitalisation as on March 31,2011
% Share in Total Market Capital-isation
(` cr.) (US $ mn.) (` cr.) (US $ mn.)
1 STATE BANK OF INDIA 41,331 9,271.16 1.16 40,039.30 8,981 0.60
2 RELIANCE INDUSTRIES LTD. 40,067 8,987.66 1.12 20,444.23 4,586 0.31
3 ICICI BANK LTD. 38,790 8,701.30 1.08 231,715.39 51,977 3.46
4 TATA STEEL LIMITED 37,636 8,442.35 1.05 10,732.13 2,407 0.16
5 TATA MOTORS LIMITED 36,530 8,194.25 1.02 218,862.03 49,094 3.27
6 INFOSYS TECHNOLOGIES LTD. 33,921 7,609.13 0.95 18,450.66 4,139 0.28
7 LARSEN & TOUBRO LTD. 33,866 7,596.66 0.95 100,970.84 22,649 1.51
8 AXIS BANK LIMITED 32,438 7,276.32 0.91 249,221.43 55,904 3.72
9 HDFC LTD. 32,423 7,272.90 0.91 58,390.43 13,098 0.87
10 UNITECH LTD. 31,057 6,966.62 0.87 42,997.30 9,645 0.64
11 DLF LIMITED 30,597 6,863.30 0.86 14,324.08 3,213 0.21
12 BHARTI AIRTEL LIMITED 30,434 6,826.87 0.85 7,337.27 1,646 0.11
13 HDFC BANK LTD. 30,176 6,768.90 0.84 19,733.30 4,426 0.29
14 SESA GOA LTD. 28,229 6,332.32 0.79 140,612.09 31,542 2.10
15 HINDALCO INDUSTRIES LTD. 27,953 6,270.28 0.78 2,681.71 602 0.04
16 JSW STEEL LIMITED 26,754 6,001.33 0.75 3,881.02 871 0.06
17 TATA CONSULTANCY SERV LTD. 25,799 5,787.17 0.72 22,586.25 5,066 0.34
18 LIC HOUSING FINANCE LTD. 25,460 5,711.12 0.71 22,219.25 4,984 0.33
19 COAL INDIA LTD. 24,953 5,597.28 0.70 65,146.58 14,613 0.97
20 RELIANCE INFRASTRUCTU LTD. 24,544 5,505.64 0.69 31,739.33 7,120 0.47
21 BHEL 22,615 5,072.99 0.63 7,927.05 1,778 0.12
22 OIL AND NATURAL GAS CORP. 21,451 4,811.86 0.60 66,735.16 14,970 1.00
23 STERLITE INDS (IND) LTD. 19,164 4,298.89 0.54 4,997.86 1,121 0.07
24 MAHINDRA & MAHINDRA LTD. 18,792 6966.62 0.87 42997.30 9,645 0.64
25 RELIANCE CAPITAL LTD. 18,329 6863.30 0.86 14324.08 3,213 0.21
26 HOUSING DEV & INFRA LTD. 18,021 6826.87 0.85 7337.27 1,646 0.11
27 JAIPRAKASH ASSOCIATES LTD. 17,729 6768.90 0.84 19733.30 4,426 0.29
28 ITC LTD. 17,269 6332.32 0.79 140612.09 31,542 2.10
29 ABAN OFFSHORE LTD. 17,179 6270.28 0.78 2681.71 602 0.04
30 IFCI LTD. 17,142 6001.33 0.75 3881.02 871 0.06
31 INFRA. DEV. FIN. CO. LTD. 17,139 5787.17 0.72 22586.25 5,066 0.34
32 RELIANCE COMMUNICATIONS LTD. 16,950 5711.12 0.71 22219.25 4,984 0.33
33 JINDAL STEEL & POWER LTD. 16,799 5597.28 0.70 65146.58 14,613 0.97
34 HERO HONDA MOTORS LTD. 16,388 5505.64 0.69 31739.33 7,120 0.47
35 SUZLON ENERGY LIMITED 16,335 5072.99 0.63 7927.05 1,778 0.12
36 CAIRN INDIA LIMITED 16,228 4811.86 0.60 66735.16 14,970 1.00
37 INDIABULLS REAL EST. LTD. 19164 4298.89 0.54 4997.86 1,121 0.07
Contd...
45
Rank Name of Security Trading Value % Share
in Total Trading Value
Market Capitalisation as on March 31,2011
% Share in Total Market Capital-isation
(` cr.) (US $ mn.) (` cr.) (US $ mn.)
38 ORCHID CHEM & PHARMA LTD. 18,792 4,215.33 0.53 2,118.19 475 0.03
39 HINDUSTAN PETROLEUM CORP LTD. 18,329 4,111.53 0.51 12,073.75 2,708 0.18
40 BHARAT PETROLEUM CORP LTD. 18,021 4,042.43 0.50 22,120.95 4,962 0.33
41 BAJAJ AUTO LIMITED 17,729 3,976.94 0.50 42,341.63 9,498 0.63
42 MARUTI SUZUKI INDIA LTD. 17,269 3,873.77 0.48 36,464.78 8,180 0.54
43 EDUCOMP SOLUTIONS LTD. 17,179 3,853.59 0.48 4,007.13 899 0.06
44 TITAN INDUSTRIES LTD. 17,142 3,845.18 0.48 16,919.06 3,795 0.25
45 YES BANK LIMITED 17,139 3,844.48 0.48 10,746.54 2,411 0.16
46 SHREE RENUKA SUGARS LTD. 16,950 3,802.20 0.47 4,671.87 1,048 0.07
47 SATYAM COMPUTER SERVICES 16,799 3,768.27 0.47 7,729.60 1,734 0.12
48 STEEL AUTHORITY OF INDIA 16,388 3,676.15 0.46 70,051.59 15,714 1.05
49 GAIL (INDIA) LTD. 16,335 3,664.14 0.46 58,857.35 13,203 0.88
50 IDBI BANK LIMITED 16,228 3,640.17 0.45 14,024.46 3,146 0.21
Total 1,917,543 430,135.37 53.60 3,252,820 729,659 48.53
Table 4-12: Top ‘50’ Companies by Market Capitalisation as on March 31, 2011
Rank Name of Security Market Capitalisation % Share in Total Market
Capitali-sation
Trading Volume During 2010-11
% Share
in Total Trading Volume
(` cr.) (US $ mn.)
(` cr.) (US $ mn.)
1 RELIANCE INDUSTRIES LTD. 345,122.59 77,416 5.15 122,877.73 27,563 3.43
2 OIL AND NATURAL GAS CORP. 249,221.43 55,904 3.72 32,437.82 7,276 0.91
3 TATA CONSULTANCY SERV LTD. 231,715.39 51,977 3.46 38,725.02 8,687 1.08
4 COAL INDIA LTD. 218,862.03 49,094 3.27 36,529.98 8,194 1.02
5 INFOSYS TECHNOLOGIES LTD. 186,092.66 41,744 2.78 73,216.75 16,424 2.05
6 STATE BANK OF INDIA 175,596.27 39,389 2.62 131,616.70 29,524 3.68
7 NTPC LTD. 159,219.92 35,716 2.38 11,913.71 2,672 0.33
8 ITC LTD. 140,612.09 31,542 2.10 28,229.49 6,332 0.79
9 BHARTI AIRTEL LIMITED 135,723.73 30,445 2.02 43,888.50 9,845 1.23
10 ICICI BANK LTD. 128,520.68 28,829 1.92 101,769.77 22,829 2.84
11 WIPRO LTD. 117,832.15 26,432 1.76 16,049.13 3,600 0.45
12 NMDC LTD. 112,796.17 25,302 1.68 3,619.03 812 0.10
13 HDFC BANK LTD. 109,021.69 24,455 1.63 42,904.61 9,624 1.20
14 HDFC LTD. 102,750.82 23,049 1.53 48,585.02 10,898 1.36
15 BHEL 100,970.84 22,649 1.51 33,865.92 7,597 0.95
16 LARSEN & TOUBRO LTD. 100,576.28 22,561 1.50 58,363.22 13,092 1.63
Contd...
Contd...
46
Rank Name of Security Market Capitalisation % Share in Total Market
Capitali-sation
Trading Volume During 2010-11
% Share
in Total Trading Volume
(` cr.) (US $ mn.)
(` cr.) (US $ mn.)
17 MMTC LIMITED 93,215.00 20,910 1.39 1,152.64 259 0.03
18 INDIAN OIL CORP LTD. 80,814.40 18,128 1.21 10,959.11 2,458 0.31
19 ADANI ENTERPRISES LIMITED 77,014.22 17,276 1.15 12,807.43 2,873 0.36
20 STEEL AUTHORITY OF INDIA 70,051.59 15,714 1.05 16,388.29 3,676 0.46
21 TATA MOTORS LIMITED 67,070.07 15,045 1.00 93,796.69 21,040 2.62
22 CAIRN INDIA LIMITED 66,735.16 14,970 1.00 21,451.28 4,812 0.60
23 JINDAL STEEL & POWER LTD. 65,146.58 14,613 0.97 24,952.68 5,597 0.70
24 HINDUSTAN UNILEVER LTD. 62,368.51 13,990 0.93 14,848.24 3,331 0.42
25 TATA STEEL LIMITED 59,697.98 13,391 0.89 95,333.49 21,385 2.66
26 GAIL (INDIA) LTD. 58,857.35 13,203 0.88 16,334.73 3,664 0.46
27 STERLITE INDS (IND) LTD. 58,390.43 13,098 0.87 32,422.59 7,273 0.91
28 HINDUSTAN ZINC LIMITED 58,224.90 13,061 0.87 4,345.09 975 0.12
29 AXIS BANK LIMITED 57,570.27 12,914 0.86 50,873.29 11,412 1.42
30 POWER GRID CORP. LTD. 47,176.90 10,583 0.70 13,129.92 2,945 0.37
31 SUN PHARMACEUTICALS IND. 45,824.50 10,279 0.68 9,583.07 2,150 0.27
32 DLF LIMITED 45,587.63 10,226 0.68 44,499.81 9,982 1.24
33 MAHINDRA & MAHINDRA LTD. 42,997.30 9,645 0.64 31,057.19 6,967 0.87
34 BAJAJ AUTO LIMITED 42,341.63 9,498 0.63 17,705.20 3,972 0.49
35 HINDALCO INDUSTRIES LTD. 40,039.30 8,981 0.60 41,330.84 9,271 1.16
36 PUNJAB NATIONAL BANK 38,236.73 8,577 0.57 8,826.25 1,980 0.25
37 RELIANCE POWER LTD. 36,578.28 8,205 0.55 12,933.15 2,901 0.36
38 MARUTI SUZUKI INDIA LTD. 36,464.78 8,180 0.54 16,794.64 3,767 0.47
39 NESTLE INDIA LIMITED 35,640.55 7,995 0.53 2,455.07 551 0.07
40 BANK OF BARODA 35,146.25 7,884 0.52 9,180.49 2,059 0.26
41 KOTAK MAHINDRA BANK LTD. 33,718.16 7,564 0.50 15,241.80 3,419 0.43
42 HCL TECHNOLOGIES LTD. 32,730.65 7,342 0.49 10,188.19 2,285 0.28
43 HERO HONDA MOTORS LTD. 31,739.33 7,120 0.47 24,544.14 5,506 0.69
44 TATA POWER CO LTD. 31,684.08 7,107 0.47 9,875.05 2,215 0.28
45 OIL INDIA LTD. 31,553.63 7,078 0.47 3,633.42 815 0.10
46 NHPC LTD. 31,120.88 6,981 0.46 4,829.27 1,083 0.13
47 ULTRATECH CEMENT LIMITED 31,007.14 6,955 0.46 5,246.32 1,177 0.15
48 SIEMENS LTD. 29,705.50 6,663 0.44 8,296.59 1,861 0.23
49 POWER FIN CORP LTD. 28,688.43 6,435 0.43 3,803.94 853 0.11
50 CANARA BANK 27,742.88 6,223 0.41 13,850.65 3,107 0.39
Total 4,245,516 952,336 63.34 1,527,262.95 342,589 42.69
Contd...
47
Table 4-13: NSE’s 10 Most Active Trading days during the year 2010-2011
Sr No. Date Highest Single Day Trading Value
(` cr.) (US $ mn.)
1 4-Nov-2010 29,851.40 6,696.14
2 28-Oct-2010 24,832.06 5,570.22
3 25-Nov-2010 24,742.13 5,550.05
4 26-Nov-2010 22,743.62 5,101.75
5 6-Oct-2010 20,541.57 4,607.80
6 30-Nov-2010 20,249.95 4,542.38
7 7-Oct-2010 20,082.60 4,504.85
8 30-Sep-2010 20,014.26 4,489.52
9 18-Nov-2010 19,688.64 4,416.47
10 13-Oct-2010 19,537.94 4,382.67
Table 4-14: Individual Securities Single day Trading Records-2010-11
Rank Symbol Name of Company Date Traded Value
(` cr.) (US $ mn.)
1 COALINDIA COAL INDIA LTD. 4-Nov-10 15,700.40 3,521.85
2 MOIL MOIL LIMITED 15-Dec-10 3,354.22 752.40
3 LICHSGFIN LIC HOUSING FINANCE LTD. 25-Nov-10 3,085.95 692.23
4 RELIANCE RELIANCE INDUSTRIES LTD. 22-Feb-11 2,023.68 453.94
5 INFOSYSTCH INFOSYS TECHNOLOGIES LTD. 13-Apr-10 1,964.46 440.66
6 SBIN STATE BANK OF INDIA 12-Aug-10 1,743.20 391.03
7 COALINDIA COAL INDIA LTD. 19-Nov-10 1,736.72 389.57
8 RELIANCE RELIANCE INDUSTRIES LTD. 7-May-10 1,700.73 381.50
9 TATAMOTORS TATA MOTORS LIMITED 11-Aug-10 1,646.86 369.42
10 POWERGRID POWER GRID CORP. LTD. 25-Nov-10 1,604.33 359.88
48
Table 4-15: Composition of S&P CNX Nifty Index as on March 31, 2011
Sl. No.
Symbol Issued Capital (` cr.)
Free Float Market
Capitalisa-tion
(` cr.)
Weight-age
(Per-cent)
Beta R2 Daily Volatili-ty (Per-cent)
Monthly Return (Per-cent)
Impact Cost (Per-cent)
1 ACC 18.8 10,449 0.60 0.60 0.41 1.01 10.85 0.06
2 AMBUJACEM 306.0 12,122 0.69 0.90 0.47 2.39 25.07 0.08
3 AXISBANK 410.1 36,070 2.05 1.32 0.74 2.09 15.21 0.06
4 BAJAJ-AUTO 289.4 19,790 1.13 0.68 0.45 1.59 15.29 0.06
5 BHEL 489.5 32,592 1.86 0.82 0.63 2.00 3.08 0.05
6 BPCL 361.5 7,906 0.45 0.63 0.32 2.26 10.55 0.07
7 BHARTIARTL 1,898.8 43,164 2.46 0.75 0.41 1.77 7.88 0.07
8 CAIRN 1,901.6 15,240 0.87 0.80 0.53 1.20 3.46 0.05
9 CIPLA 160.6 16,322 0.93 0.47 0.34 1.74 7.34 0.07
10 DLF 339.5 9,741 0.55 1.50 0.71 2.32 26.76 0.07
11 DRREDDY 84.6 20,622 1.17 0.51 0.37 1.76 6.02 0.08
12 GAIL 1,268.5 20,842 1.19 0.59 0.44 1.77 8.78 0.06
13 GRASIM 91.7 15,603 0.89 0.49 0.28 0.88 8.95 0.06
14 HCLTECH 137.0 11,518 0.66 0.95 0.57 1.89 8.02 0.08
15 HDFCBANK 464.7 83,513 4.76 1.00 0.72 1.48 14.31 0.05
16 HEROHONDA 39.9 15,168 0.86 0.50 0.26 1.37 8.48 0.05
17 HINDALCO 191.4 26,876 1.53 1.57 0.72 2.08 3.87 0.06
18 HINDUNILVR 217.2 29,925 1.70 0.53 0.41 1.24 1.81 0.05
19 HDFC 293.1 91,043 5.19 1.13 0.70 1.84 11.44 0.07
20 ITC 772.2 96,580 5.50 0.74 0.54 1.21 7.75 0.06
21 ICICIBANK 1,151.4 128,521 7.32 1.50 0.80 1.91 14.97 0.06
22 INFOSYSTCH 287.1 156,245 8.90 0.79 0.63 1.77 8.15 0.05
23 IDFC 1,460.9 16,430 0.94 1.35 0.69 2.06 6.47 0.07
24 JPASSOCIAT 425.3 10,663 0.61 1.68 0.70 2.60 20.21 0.07
25 JINDALSTEL 93.4 27,085 1.54 1.07 0.69 1.24 6.01 0.07
26 KOTAKBANK 368.2 16,173 0.92 1.15 0.66 1.41 13.04 0.08
27 LT 121.8 88,264 5.03 1.10 0.71 2.00 8.11 0.06
28 M&M 307.0 33,210 1.89 1.14 0.62 2.40 13.74 0.06
29 MARUTI 144.5 16,697 0.95 0.78 0.50 2.57 4.47 0.06
30 NTPC 8,245.5 24,680 1.41 0.66 0.56 1.95 13.69 0.07
31 ONGC 4,277.7 39,296 2.24 0.66 0.45 1.52 7.75 0.07
32 POWERGRID 4,629.7 14,426 0.82 0.47 0.42 0.61 2.98 0.05
33 PNB 315.3 16,136 0.92 0.85 0.61 1.32 14.19 0.08
34 RANBAXY 210.6 6,791 0.39 0.87 0.54 2.11 2.52 0.06
35 RELCAPITAL 245.6 6,569 0.37 1.30 0.60 2.53 22.65 0.07
36 RCOM 1,032.0 7,140 0.41 1.21 0.47 3.04 25.54 0.08
37 RELIANCE 3,289.7 177,723 10.12 1.01 0.71 1.42 8.80 0.06
38 RELINFRA 267.4 9,645 0.55 1.25 0.50 2.24 13.14 0.07
Contd...
49
Sl. No.
Symbol Issued Capital (` cr.)
Free Float Market
Capitalisa-tion
(` cr.)
Weight-age
(Per-cent)
Beta R2 Daily Volatili-ty (Per-cent)
Monthly Return (Per-cent)
Impact Cost (Per-cent)
39 RPOWER 2,805.1 7,161 0.41 1.05 0.51 2.39 18.17 0.08
40 SESAGOA 86.0 11,088 0.63 1.29 0.56 2.02 11.54 0.06
41 SIEMENS 67.4 13,314 0.76 0.54 0.35 0.36 3.98 0.04
42 SBIN 635.0 71,287 4.06 1.15 0.67 1.76 5.13 0.04
43 SAIL 4,130.4 9,934 0.57 1.20 0.65 1.74 11.18 0.06
44 STER 336.2 24,688 1.41 1.50 0.68 1.74 5.88 0.07
45 SUNPHARMA 103.6 16,627 0.95 0.57 0.39 2.06 4.49 0.07
46 TCS 195.7 60,122 3.42 0.86 0.56 1.71 6.63 0.06
47 TATAMOTORS 537.3 43,641 2.49 1.47 0.68 2.15 15.29 0.06
48 TATAPOWER 237.3 21,606 1.23 0.62 0.52 1.64 16.08 0.07
49 TATASTEEL 959.4 40,914 2.33 1.32 0.72 1.77 2.49 0.04
50 WIPRO 490.8 24,303 1.38 0.80 0.54 1.34 9.58 0.07* Beta & R2 are calculated for the period 01-Apr-2010 to 31-Mar-2011* Beta measures the degree to which any portfolio of stocks is affected as compared to the effect on the market as a
whole.* The coefficient of determination (R2) measures the strength of relationship between two variables the return on a security
versus that of the market.* Volatility is the Std. deviation of the daily returns for the period 01-Mar-2011 to 31-Mar-2011* Last day of trading was 31-Mar-2011* Impact Cost for S&P CNX Nifty is for a portfolio of ` 50 Lakhs * Impact Cost for S&P CNX Nifty is the weightage average impact cost
Table 4-16: Composition of CNX Nifty Junior Index as on March 31, 2011
Sl. No.
Symbol Issued Capital (` cr.)
Free Float Market
Capitalisa-tion
(` cr.)
Weight-age
(Percent)
Beta R2 Daily Volatili-ty (Per-cent)
Monthly Return (Per-cent)
Impact Cost (Per-cent)
1 ADANIENT 115.5 16,700 5.28 0.98 0.50 1.53 9.07 0.092 ABIRLANUVO 113.5 4,525 1.43 0.96 0.59 1.14 5.21 0.113 ANDHRABANK 485.0 3,540 1.12 1.10 0.60 1.88 11.02 0.084 ASHOKLEY 133.0 3,707 1.17 1.27 0.60 3.25 21.60 0.105 ASIANPAINT 95.9 11,548 3.65 0.50 0.38 1.41 5.21 0.096 BANKBARODA 364.3 16,235 5.13 0.84 0.57 1.26 10.81 0.097 BANKINDIA 525.2 8,870 2.80 1.25 0.63 1.94 8.14 0.088 BEL 80.0 3,251 1.03 0.46 0.38 1.06 1.44 0.119 BHARATFORG 46.6 4,685 1.48 1.13 0.67 2.68 13.44 0.1110 BIOCON 100.0 2,418 0.76 1.02 0.58 1.75 10.86 0.0911 CANBK 443.0 8,955 2.83 1.21 0.62 1.79 1.97 0.0612 COLPAL 13.6 5,425 1.71 0.46 0.36 0.97 -0.88 0.1013 CONCOR 130.0 5,758 1.82 0.55 0.38 2.15 7.94 0.1514 CROMPGREAV 128.3 10,336 3.27 0.82 0.48 1.52 11.46 0.1015 CUMMINSIND 39.6 6,771 2.14 0.53 0.37 1.40 7.27 0.10
Contd...
Contd...
50
Sl. No.
Symbol Issued Capital (` cr.)
Free Float Market
Capitalisa-tion
(` cr.)
Weight-age
(Percent)
Beta R2 Daily Volatili-ty (Per-cent)
Monthly Return (Per-cent)
Impact Cost (Per-cent)
16 EXIDEIND 85.0 6,585 2.08 0.66 0.36 2.05 4.90 0.0917 FEDERALBNK 171.2 7,166 2.26 1.10 0.60 1.93 20.03 0.1118 GMRINFRA 389.2 4,614 1.46 1.34 0.63 1.51 -1.34 0.1119 GLAXO 84.7 8,620 2.72 0.40 0.33 1.44 -6.59 0.0920 GLENMARK 27.0 3,962 1.25 0.76 0.38 3.61 12.89 0.1021 HINDPETRO 338.6 5,903 1.86 0.67 0.34 1.90 11.32 0.0722 HDIL 415.0 4,267 1.35 1.91 0.72 2.63 12.08 0.0723 IDBI 984.5 4,889 1.54 1.44 0.75 1.86 8.12 0.0624 IFCI 737.8 3,555 1.12 1.59 0.70 2.33 5.20 0.0725 IBREALEST 80.4 3,847 1.22 1.92 0.74 2.47 19.59 0.0926 INDHOTEL 75.9 4,237 1.34 0.97 0.57 1.51 7.07 0.1127 IOB 544.8 3,037 0.96 1.31 0.66 1.59 7.92 0.0928 INDUSINDBK 465.7 9,137 2.89 1.12 0.52 2.19 20.28 0.0829 JSWSTEEL 223.1 9,712 3.07 1.73 0.73 2.65 5.29 0.0630 LICHSGFIN 94.9 6,811 2.15 1.58 0.63 2.49 20.23 0.0631 LUPIN 89.2 9,850 3.11 0.80 0.51 1.85 9.30 0.0832 MPHASIS 209.9 3,041 0.96 0.57 0.25 2.80 -3.77 0.0833 MUNDRAPORT 400.7 6,161 1.95 1.02 0.53 1.52 -0.98 0.1134 OFSS 41.9 3,261 1.03 0.51 0.41 1.09 -3.00 0.1335 PATNI 26.3 2,314 0.73 0.39 0.21 0.50 6.24 0.0436 PFC 1,147.8 2,932 0.93 1.08 0.60 2.36 0.71 0.0837 PUNJLLOYD 66.4 1,349 0.43 1.61 0.66 2.36 7.84 0.0938 RECLTD 987.5 8,318 2.63 1.28 0.60 2.78 7.66 0.0939 SRTRANSFIN 226.2 10,570 3.34 0.68 0.35 2.14 6.73 0.0940 SYNDIBANK 522.0 2,147 0.68 1.37 0.68 1.38 7.30 0.0741 TATACHEM 254.8 5,988 1.89 0.95 0.55 1.52 6.38 0.0942 TECHM 125.9 2,320 0.73 1.10 0.56 2.90 4.79 0.0843 TITAN 44.4 7,882 2.49 1.03 0.56 1.89 14.53 0.0644 TORNTPOWER 472.4 4,243 1.34 0.56 0.34 2.26 8.93 0.1945 ULTRACEMCO 274.0 11,053 3.49 0.57 0.38 1.37 21.56 0.1146 UNIONBANK 505.1 7,817 2.47 1.14 0.66 1.59 10.59 0.0947 UNIPHOS 92.4 5,069 1.60 1.22 0.57 2.29 9.85 0.0948 MCDOWELL-N 130.8 8,858 2.80 1.25 0.61 1.44 -7.43 0.1049 YESBANK 347.1 7,371 2.33 1.42 0.69 2.39 20.94 0.0750 ZEEL 97.8 6,916 2.19 0.80 0.46 1.38 4.08 0.09
* Beta & R2 are calculated for the period 01-Apr-2010 to 31-Mar-2011* Beta measures the degree to which any portfolio of stocks is affected as compared to the effect on the market as a
whole.* The coefficient of determination (R2) measures the strength of relationship between two variables the return on a security
versus that of the market.* Volatility is the Std. deviation of the daily returns for the period 01-Mar-2011 to 31-Mar-2011* Last day of trading was 31-Mar-2011* Impact Cost for CNX Nifty Junior is for a portfolio of ` 25 Lakhs * Impact Cost for CNX Nifty Junior is the weightage average impact cost
Contd...
51
Table 4-17:Industry-wise Weightages of S&P CNX NIFTY Securities as on 31st March, 2011
Sl. No. Industry Market Cap (` Cr.) Weightage
1 ALUMINIUM 26,876 1.53
2 AUTOMOBILES - 2 & 3 WHEELERS 34,958 1.99
3 AUTOMOBILES - 4 WHEELERS 93,548 5.33
4 BANKS 351,700 20.03
5 CEMENT AND CEMENT PRODUCTS 22,571 1.29
6 CIGARETTES 96,580 5.50
7 COMPUTERS - SOFTWARE 252,189 14.37
8 CONSTRUCTION 20,404 1.16
9 DIVERSIFIED 29,925 1.70
10 ELECTRICAL EQUIPMENT 45,906 2.62
11 ENGINEERING 88,264 5.03
12 FINANCE - HOUSING 91,043 5.19
13 FINANCE 6,569 0.37
14 FINANCIAL INSTITUTION 16,430 0.94
15 GAS 20,842 1.19
16 METALS 24,688 1.41
17 MINING 11,088 0.63
18 OIL EXPLORATION/PRODUCTION 54,536 3.11
19 PHARMACEUTICALS 60,361 3.44
20 POWER 77,519 4.42
21 REFINERIES 185,629 10.57
22 STEEL AND STEEL PRODUCTS 77,933 4.44
23 TELECOMMUNICATION - SERVICES 50,304 2.87
24 TEXTILES - SYNTHETIC 15,603 0.89
Total 1,755,468 100.00
Table 4-18: S&P CNX NIFTY Index*
Month & Year Open High Low Close Volatility (%) Price To Earning Ratio#
1995-96 (Nov.-Mar.)
1000.00 1067.49 813.12 985.30 1.62 --
1996-97 988.33 1203.11 775.43 968.30 1.67 --
1997-98 931.95 1297.10 929.05 1116.90 1.52 --
1998-99 1117.15 1247.15 800.10 1078.05 1.86 16.53
1999-00 1082.55 1818.15 916.00 1528.45 1.93 24.60
Contd...
52
Month & Year Open High Low Close Volatility (%) Price To Earning Ratio#
2000-01 1528.70 1636.95 1098.75 1148.20 1.98 17.21
2001-02 1148.10 1207.00 849.95 1129.55 1.40 18.10
2002-03 1129.85 1153.30 920.10 978.20 0.99 13.36
2003-04 977.40 2014.65 920.00 1771.90 1.43 20.70
2004-05 1771.45 2183.45 1292.20 2035.65 1.61 14.60
2005-06 2035.90 3433.85 1896.30 3402.55 1.04 20.26
2006-07 3403.15 4245.30 2595.65 3821.55 1.77 18.40
2007-08 3820.00 6357.100 3617.000 4734.500 2.02 20.63
2008-09 4735.65 5298.85 2252.75 3020.95 2.66 14.30
Apr-09 3023.85 3517.25 2965.70 3473.95 2.18 16.53
May-09 3478.70 4509.40 3478.70 4448.95 4.15 20.82
Jun-09 4450.40 4693.20 4143.25 4291.10 1.92 19.97
Jul-09 4292.30 4669.75 3918.75 4636.45 2.22 20.68
Aug-09 4633.80 4743.75 4353.45 4662.10 1.78 20.94
Sep-09 4662.20 5087.60 4576.60 5083.95 0.92 22.90
Oct-09 5087.20 5181.95 4687.50 4711.70 1.08 20.45
Nov-09 4712.25 5138.00 4538.50 5032.70 1.58 22.37
Dec-09 5039.70 5221.85 4943.95 5201.05 1.05 23.17
Jan-10 5200.90 5310.85 4766.00 4882.05 1.03 21.00
Feb-10 4882.05 4992.00 4675.40 4922.30 1.18 20.92
Mar-10 4935.60 5329.55 4935.35 5249.10 0.70 22.33
2009-10 3023.85 5329.55 2965.70 5249.10 1.88 22.33
Apr-10 5254.20 5294.80 5254.20 5278.00 0.83 22.29
May-10 5076.10 5097.60 5038.55 5086.30 1.56 21.30
Jun-10 5254.25 5320.35 5210.00 5312.50 1.18 22.25
Jul-10 5408.40 5413.25 5349.20 5367.60 0.64 22.31
Aug-10 5413.55 5413.90 5348.90 5402.40 0.68 22.73
Sep-10 5991.35 6048.45 5963.60 6029.95 0.78 25.46
Oct-10 6021.15 6032.65 5937.10 6017.70 1.09 24.71
Nov-10 5811.60 5892.25 5768.35 5862.70 1.29 23.39
Dec-10 6105.10 6147.30 6103.55 6134.50 0.93 24.48
Jan-11 5452.55 5526.85 5416.65 5505.90 1.17 21.06
Feb-11 5330.15 5477.00 5308.60 5333.25 1.50 20.42
Mar-11 5803.05 5872.00 5778.65 5833.75 1.26 22.14
2010-11 5249.20 6338.500 4786.450 5833.75 1.12 22.14* S&P CNX Nifty commenced from November 3, 1995# At the end of the periodNote : Volatility is calculated as standard deviation of the Natural Log of returns for the respective month/year
Contd...
53
Table 4-19: CNX NIFTY Junior Index*
Month & Year Open High Low Close Volatility (%)
Price To Earning Ratio#
1996-97 (Nov.-Mar.)
1000.00 1208.87 907.02 1032.95 1.76 --
1997-98 1028.30 1395.25 1016.65 1339.40 1.44 --
1998-99 1339.75 2079.10 1177.20 2069.20 2.14 18.92
1999-2000 2099.75 5365.90 1631.90 3695.75 2.46 33.47
2000-01 3720.45 3771.80 1570.20 1601.80 2.75 9.69
2001-02 1601.40 1676.25 1038.75 1566.95 1.60 6.80
2002-03 1568.40 1690.35 1231.95 1259.55 1.23 11.68
2003-04 1260.75 3702.60 1259.75 3392.05 1.57 11.93
2004-05 3398.00 4705.25 2493.70 4275.15 1.83 13.82
2005-06 4275.35 6437.40 3998.80 6412.10 0.95 20.25
2006-07 6415.25 7566.65 4463.75 6878.05 2.05 18.48
2007-08 6675.85 13209.35 6559.55 7975.75 2.41 16.69
2008-09 7982.75 9541.00 3587.60 4336.45 2.80 8.69
Apr-09 4343.20 5466.40 4297.45 5281.80 2.55 10.46
May-09 5380.05 7544.45 5380.05 7474.30 3.51 15.02
Jun-09 7581.80 8169.25 7326.80 7794.70 2.52 15.36
Jul-09 7791.90 8537.45 6931.70 8473.65 2.51 14.95
Aug-09 8475.45 8697.40 7971.60 8542.40 1.86 15.00
Sep-09 8580.40 9373.50 8360.50 9360.65 1.02 16.48
Oct-09 9380.35 10094.90 9044.70 9162.40 1.44 14.21
Nov-09 9144.65 10096.50 8865.50 9933.20 1.61 15.57
Dec-09 9952.80 10456.75 9952.80 10382.70 0.96 16.28
Jan-10 10372.40 10896.50 9646.60 9985.70 1.37 14.71
Feb-10 9954.45 10287.25 9712.25 10099.95 1.20 14.75
Mar-10 10137.45 10822.40 10137.45 10773.75 0.77 15.76
2009-10 4343.20 10896.50 4297.45 10773.75 1.97 15.76
Apr-10 10950.80 11103.15 10950.80 11082.10 0.75 15.52
May-10 10673.35 10833.10 10611.70 10821.75 1.58 16.59
Jun-10 11194.75 11318.60 11156.65 11304.45 0.93 17.24
Jul-10 11594.55 11662.20 11549.90 11564.25 0.40 18.20
Aug-10 11818.95 11828.10 11674.55 11797.60 0.68 18.26
Sep-10 12711.50 12714.50 12564.85 12585.30 0.79 19.96
Oct-10 13039.95 13103.65 12880.15 13030.00 0.93 19.88
Contd...
54
Month & Year Open High Low Close Volatility (%)
Price To Earning Ratio#
Nov-10 12061.80 12364.90 11989.80 12338.80 1.53 17.73
Dec-10 12107.30 12242.70 12107.30 12232.05 1.35 17.59
Jan-11 10767.70 10945.90 10604.15 10915.65 1.20 15.43
Feb-11 10489.10 10625.70 10430.80 10448.85 1.74 14.66
Mar-11 11285.40 11355.35 11163.50 11279.55 1.09 16.18
2010-11 10777.00 13624.10 10037.90 11279.55 1.14 16.18* CNX Nifty Junior commenced from November 4, 1996# At the end of periodNote : Volatility is calculated as standard deviation of the Natural Log of returns for the respective month/year
Table 4-20: Performance of NSE Indices during the year 2010-11
Indices Record high Closing index values
(31-03-11)
Average Daily
Volatility (%)
Y-o-Y Returns
Value Date
S&P CNX Nifty 6312.45 05-11-2010 5833.75 1.12 11.14
CNX Nifty Junior 13555.15 09-11-2010 11279.55 1.14 4.69
CNX 100 6280.45 05-11-2010 5711.70 1.10 10.09
S&P CNX 500 5198.30 09-11-2010 4626.45 1.05 7.26
CNX Midcap 9782.85 10-11-2010 8040.15 1.07 4.35
Nifty Midcap 50 3256.65 10-11-2010 2505.25 1.28 -6.97
CNX FMCG 9674.37 09-11-2010 9188.45 1.05 26.33
CNX IT 7545.95 06-01-2011 7148.10 1.24 22.07
S&P CNX Finance* 5390.33 05-11-2010 4291.17 1.31 16.38
S&P CNX Petrochemicals* 10240.64 11-10-2010 8367.29 1.31 20.94
S&P CNX Pharmaceuticals* 8716.76 04-01-2011 7701.10 0.86 13.18
* Closing Record High, Other - Record Intra-day HighNote :Volatility is calculated as standard deviation of the Natural Log of returns for the respective month/year
Table 4-21: Mutual Funds/ETFs: No of Trades and Trading Value
Month & Year
Mutual Funds (MF’s) Exchange traded funds (ETF’s)
No. of Trades Trading Value No. of Trades Trading Value(` cr.) (US $ mn.) (` cr.) (US $ mn.)
Apr-10 197 0.36 0.08 73,851 505.05 113.29
May-10 144 0.13 0.03 261,524 925.27 207.55
Contd...
Contd...
55
Month & Year
Mutual Funds (MF’s) Exchange traded funds (ETF’s)
No. of Trades Trading Value No. of Trades Trading Value(` cr.) (US $ mn.) (` cr.) (US $ mn.)
Jun-10 393 0.98 0.22 122,463 618.61 138.76
Jul-10 326 1.46 0.33 133,850 726.18 162.89
Aug-10 145 1.93 0.43 125,105 677.20 151.91
Sep-10 175 0.27 0.06 151,634 917.55 205.82
Oct-10 162 0.23 0.05 161,603 981.80 220.23
Nov-10 128 2.16 0.48 204,355 862.53 193.48
Dec-10 175 1.22 0.27 148,716 726.05 162.86
Jan-11 162 0.20 0.04 175,482 816.98 183.26
Feb-11 97 0.11 0.02 166,904 720.05 161.52
Mar-11 137 50.41 11.31 184,228 868.25 194.76
2010-11 2,241 59.44 13.33 1,909,715 9,345.52 2,096.35
Contd...
56
Tabl
e 4-
22:
Sett
lem
ent
Stat
isti
cs i
n CM
Seg
men
t
Mon
th/
Year
No.
of
Trad
es
(Lak
h)
Trad
ed
Qua
ntit
y (L
akh)
Del
iv-
ered
Q
uant
ity
(Lak
h)
% o
f D
e-liv
ered
Q
uan-
tity
to
Trad
ed
Qua
ntit
y
Turn
over
(`
cr.
)D
eliv
-er
ed
Valu
e(`
cr.
)
% o
f D
eliv
-er
ed
Valu
e to
Tot
al
Turn
-ov
er
Del
iver
ed
Qua
ntit
y in
Dem
at
Mod
e (L
akh)
% o
f D
emat
D
eliv
ered
Q
uant
ity
to T
otal
D
eliv
ered
Q
uant
ity
Del
iver
ed
Valu
e in
D
emat
M
ode
(` c
r.)
Shor
t D
eliv
ery
(Auc
-ti
oned
qu
an-
tity
) (L
akh)
% o
f Sh
ort
Del
iv-
ery
to
Del
iv-
erab
le
Fund
s Pa
y-in
(`
cr.
)
Secu
ri-
ties
Pay
-in
(`
cr.
)
Apr-
10 1
,197
1
40,7
23
38,
893
27.
64
273
,344
7
4,64
2 2
7.31
3
8,89
3 10
0.00
74,
642
69
0.18
19,
310
74,
744
May
-10
1,2
54
141
,599
3
7,27
6 2
6.33
2
87,9
31
76,
040
26.
41
37,
276
100.
00 7
6,04
0 5
2 0.
14 2
3,54
1 7
6,12
2
Jun-
10 1
,236
1
41,0
08
34,
547
24.
50
282
,748
7
0,71
0 2
5.01
3
4,54
7 10
0.00
70,
710
60
0.17
22,
292
70,
801
Jul-
10 1
,224
1
40,1
28
38,
654
27.
58
276
,734
7
6,66
5 2
7.70
3
8,65
4 10
0.00
76,
665
60
0.15
20,
145
76,
753
Aug-
10 1
,361
1
53,6
94
44,
245
28.
79
316
,431
8
7,35
8 2
7.61
4
4,24
5 10
0.00
87,
358
146
0.
33 2
1,67
5 8
7,52
1
Sep-
10 1
,295
1
56,9
09
44,
898
28.
61
302
,984
8
7,34
8 2
8.83
4
4,89
8 10
0.00
87,
348
88
0.20
27,
316
87,
471
Oct
-10
1,4
88
198
,534
5
5,60
1 2
8.01
3
68,7
48
105
,539
2
8.62
5
5,60
1 10
0.00
105
,539
8
2 0.
15 2
8,47
9 1
05,6
74
Nov
-10
1,4
11
188
,745
5
3,87
0 2
8.54
3
70,1
57
104
,841
2
8.32
5
3,87
0 10
0.00
104
,841
1
09
0.20
35,
467
104
,996
Dec
-10
1,3
36
154
,480
4
1,21
4 2
6.68
3
02,6
26
82,
082
27.
12
41,
214
100.
00 8
2,08
2 7
5 0.
18 2
4,74
4 8
2,17
1
Jan-
11 1
,168
1
29,0
68
36,
302
28.
13
264
,548
7
4,02
8 2
7.98
3
6,30
2 10
0.00
74,
028
56
0.15
25,
839
74,
105
Feb-
11 1
,262
1
40,0
67
38,
081
27.
19
265
,416
7
1,11
0 2
6.79
3
8,08
1 10
0.00
71,
110
54
0.14
22,
217
71,
191
Mar
-11
1,2
48
125
,953
3
3,78
5 2
6.82
2
53,5
28
67,
652
26.
68
33,
785
100.
00 6
7,65
2 5
2 0.
15 2
2,32
9 6
7,72
0
2010
-11
15,
480
1,8
10,9
10
497
,367
2
7.47
3
,565
,195
97
8,01
5 2
7.43
4,
97,3
6710
0.00
978
,015
9
03
0.18
293,
357
979
,269
Wholesale Debt Market Segment 5
58
59
5
Cont
d...
Wholesale Debt Market SegmentTa
ble
5-1:
Bus
ines
s G
row
th o
f W
DM
Seg
men
t
Mon
th/Y
ear
All
Trad
esRe
tail
Trad
e
No.
of
acti
ve
secu
riti
es
Num
ber
of
Trad
esTr
adin
g Vo
lum
eAv
erag
e D
aily
Tra
ding
Vo
lum
eAv
erag
e Tr
ade
Size
Num
ber
of
Trad
es
Trad
ing
Volu
me
Shar
e in
Tot
al
Trad
ing
Volu
me
(`
cr.)
( U
S $
mn.
) (
` cr
.)(
US
$ m
n.)
(`
cr.)
(`
cr.)
( U
S $
mn)
(%)
1994
- 95
(J
une-
Mar
ch)
183
1,
021
6,78
12,
157
3010
6.64
168
319.
860.
45
1995
-96
304
2,
991
11,8
683,
455
4112
3.97
1,11
520
760
.26
1.74
1996
-97
524
7,
804
42,2
7811
,783
145
405.
421,
061
201
56.0
20.
47
1997
-98
719
16
,821
111,
263
28,1
4638
597
6.61
1,39
028
973
.02
0.26
1998
-99
1,0
71
16,0
9210
5,46
924
,857
365
866.
551,
522
308
72.5
40.
29
1999
-00
1,0
57
46,9
8730
4,21
669
,742
1,03
523
76.
4793
621
849
.92
0.07
2000
-01
1,0
38
64,4
7042
8,58
291
,891
1,48
331
86.
6549
813
128
.09
0.03
2001
-02
979
14
4,85
194
7,19
019
4,09
63,
277
672
6.54
378
110
22.5
40.
01
2002
-03
1,1
23
167,
778
1,06
8,70
122
4,99
03,
598
758
6.37
1,25
230
063
.16
0.03
2003
-04
1,0
78
189,
518
1,31
6,09
630
3,31
84,
477
1,03
26.
941,
400
332
69.8
30.
03
2004
-05
1,1
51
124,
308
887,
294
202,
810
3,02
869
27.
141,
278
410
93.7
40.
05
2005
-06
897
6
1,89
1 4
75,5
23
106
,596
1
,755
39
3 7
.68
892
3
10
69.
49
0.0
7
2006
-07
762
1
9,57
5 2
19,1
06
50,
265
898
20
6 1
1.19
3
99
102
2
3.29
0
.05
2007
-08
601
1
6,17
9 2
82,3
17
70,
632
1,1
38
285
1
7.45
2
11
49
12.
26
0.0
2
2008
-09
711
1
6,12
9 3
35,9
52
65,
937
1,4
12
277
20
.83
257
6412
.56
0.02
Apr-
0931
324
08 4
5,65
3 10
114
2,8
53
632
18.9
614
5.40
1.20
0.01
May
-09
270
2089
40,
266
8920
2,0
13
446
19.2
88
3.60
0.80
0.01
Jun-
0924
319
48 4
4,56
8 98
73 2
,026
44
922
.88
267.
501.
660.
02
Jul-
0927
225
82 5
1,22
2 11
347
2,2
27
493
19.8
480
18.3
84.
070.
04
Aug-
0927
415
83 3
8,23
2 84
70 1
,912
42
324
.15
8622
.96
5.09
0.06
60
Cont
d...
Mon
th/Y
ear
All
Trad
esRe
tail
Trad
e
No.
of
acti
ve
secu
riti
es
Num
ber
of
Trad
esTr
adin
g Vo
lum
eAv
erag
e D
aily
Tra
ding
Vo
lum
eAv
erag
e Tr
ade
Size
Num
ber
of
Trad
es
Trad
ing
Volu
me
Shar
e in
Tot
al
Trad
ing
Volu
me
(`
cr.)
( U
S $
mn.
) (
` cr
.)(
US
$ m
n.)
(`
cr.)
(`
cr.)
( U
S $
mn)
(%)
Sep-
0927
523
01 5
8,67
4 12
998
3,0
88
684
25.5
266
49.1
210
.88
0.08
Oct
-09
266
1875
43,
731
9688
2,3
02
510
23.3
228
445
.02
9.97
0.10
Nov
-09
279
2564
64,
999
1439
9 3
,250
72
025
.35
253
46.4
210
.28
0.07
Dec
-09
201
1735
37,
567
8322
1,7
89
396
21.6
538
259
.48
13.1
80.
16
Jan-
1026
519
57 5
7,03
6 12
635
2,8
52
632
29.1
443
381
.54
18.0
60.
14
Feb-
1026
014
55 3
4,80
0 77
09 1
,832
40
623
.92
195
39.2
88.
700.
11
Mar
-10
320
1572
47,
068
1042
7 2
,353
52
129
.94
208
54.1
311
.99
0.11
2009
-10
1144
2406
956
3,81
612
4,90
4 2
,359
52
323
.42
2235
433.
0095
.92
0.08
Apr-
1032
619
1161
,824
13,
846
3,2
54
729
32
.35
5010
.12.
260.
02
May
-10
324
2555
73,2
51 1
6,40
6 3
,663
8
20
28.6
743
9.75
2.18
0.01
Jun-
1029
720
2750
,142
11,
230
2,2
79
510
24
.74
120
24.2
95.
440.
05
Jul-
1023
916
1847
,134
10,
556
2,1
42
480
29
.13
7314
.38
3.22
0.03
Aug-
1025
919
4545
,108
10,
103
2,1
48
481
23
.19
237
44.8
110
.04
0.10
Sep-
1027
820
9445
,186
10,
120
2,2
59
506
21
.58
310
59.5
513
.34
0.13
Oct
-10
248
1510
45,9
12 1
0,28
3 2
,186
4
90
30.4
112
331
.29
7.01
0.07
Nov
-10
225
1191
32,4
44 7
,266
1
,622
3
63
27.2
459
15.3
63.
440.
05
Dec
-10
245
1561
33,9
62 7
,606
1
,544
3
46
21.7
635
587
.88
19.6
80.
26
Jan-
1123
712
1345
,219
10,
128
2,2
61
506
37
.28
81.
550.
350.
00
Feb-
1122
411
9534
,896
7,8
16
1,8
37
411
29
.213
3.06
0.69
0.01
Mar
-11
265
1563
44,3
63 9
,936
2
,017
4
52
28.3
86
3.22
0.72
0.01
2010
-11
1111
2038
355
9,44
6 1
25,2
96
2255
.83
505
27
.45
1397
305.
2468
.36
0.05
Cont
d...
61
Table 5-2: Security-wise Distribution of WDM Trades
Month & Year Turnover (In ` Cr.) Turnover (In %)
Govern-ment Se-curities
T-Bills PSU /Inst. Bonds
Others Total Turnover
Govern-ment Se-curities
T-Bills PSU /Inst. Bonds
Others
1994-95 (June-March)
3,026 2,634 824 297 6,781 44.63 38.84 12.15 4.38
1995-96 7,729 2,260 1,149 729 11,868 65.13 19.04 9.69 6.14 1996-97 27,352 10,957 2,769 1,199 42,278 64.70 25.92 6.55 2.84 1997-98 84,716 18,870 4,050 3,627 111,263 76.14 16.96 3.64 3.26 1998-99 84,576 10,705 5,041 5,147 105,469 80.19 10.15 4.78 4.88 1999-00 282,891 11,013 4,867 5,445 304,216 92.99 3.62 1.60 1.79 2000-01 390,952 23,143 7,886 6,600 428,582 91.22 5.40 1.84 1.54 2001-02 902,105 25,574 10,987 8,619 947,191 95.24 2.70 1.16 0.91 2003-03 1,000,518 32,275 19,985 15,924 1,068,701 93.62 3.02 1.87 1.49 2003-04 1,218,705 55,671 27,112 14,609 1,316,096 92.60 4.23 2.06 1.11 2004-05 724,830 124,842 17,835 19,787 887,294 81.69 14.07 2.01 2.23 2005-06 345,563 105,233 12,173 12,554 475,523 72.67 22.13 2.56 2.64 2006-07 153,370 51,954 4,418 9,365 219,106 70.00 23.71 2.02 4.27 2007-08 194,347 66,062 9,232 12,676 282,317 68.84 23.40 3.27 4.49 2008-09 234,288 56,824 30,008 14,831 335,952 69.74 16.91 8.93 4.41Apr-09 25,184 6,971 9,215 4,284 45,653 55.16 15.27 20.18 9.38 May-09 24786 6,161 6,309 3010 40,266 61.56 15.30 15.67 7.47 Jun-09 28979 7,848 5,282 2459 44,568 65.02 17.61 11.85 5.52 Jul-09 33,609 5,824 7,798 3,992 51,222 65.61 11.37 15.22 7.79 Aug-09 20,086 5,979 7,502 4,665 38,232 52.54 15.64 19.62 12.20 Sep-09 38,351 8,094 7,857 4,372 58,674 65.36 13.79 13.39 7.45 Oct-09 23,816 8,656 6,224 5,036 43,731 54.46 19.79 14.23 11.52 Nov-09 42,052 7,472 7,940 7,534 64,999 64.70 11.50 12.22 11.59 Dec-09 24434 6,324 4,558 2251 37,567 65.04 16.83 12.13 5.99 Jan-10 31,368 10,504 7,001 8,163 57,036 55.00 18.42 12.27 14.31 Feb-10 18,063 6,990 6,322 3,425 34,800 51.90 20.09 18.17 9.84 Mar-10 17,110 12,137 10,825 6,995 47,068 36.35 25.79 23.00 14.86 2009-10 327,837 92,961 86,833 56,185 563,816 58.15 16.49 15.40 9.97 Apr-10 30,531 11,637 13,516 6,140 61,824 49.38 18.82 21.86 9.93 May-10 41,257 9,614 16,383 5,998 73,251 56.32 13.12 22.37 8.19 Jun-10 29,727 7,121 9,081 4,214 50,143 59.29 14.20 18.11 8.40 Jul-10 25,441 9,587 9,817 2,290 47,135 53.97 20.34 20.83 4.86 Aug-10 25,227 7,395 8,363 4,123 45,108 55.93 16.39 18.54 9.14 Sep-10 26,628 5,594 9,368 3,596 45,186 58.93 12.38 20.73 7.96 Oct-10 27,475 6,942 7,314 4,181 45,913 59.84 15.12 15.93 9.11 Nov-10 15,081 7,578 7,330 2,456 32,444 46.48 23.36 22.59 7.57 Dec-10 19,285 6,226 6,090 2,360 33,962 56.79 18.33 17.93 6.95 Jan-11 25,209 10,230 6,458 3,323 45,220 55.75 22.62 14.28 7.35 Feb-11 15,671 8,529 7,961 2,735 34,897 44.91 24.44 22.81 7.84 Mar-11 23,302 8,260 7,904 4,897 44,363 52.53 18.62 17.82 11.04 2010-11 304,836 98,713 109,586 46,312 559,447 54.49 17.64 19.59 8.28
62
Tabl
e 5-
3: P
arti
cipa
nt w
ise
Dis
trib
utio
n of
WD
M T
urno
ver
Mon
th/Y
ear
Turn
over
(In
` C
r.)
Tur
nove
r (I
n %
)
Trad
ing
Mem
bers
FIs/
MFs
/ Co
rpor
ates
Prim
ary
Dea
lers
In
dian
Ba
nks
Fore
ign
Bank
sTo
tal
Turn
over
Trad
ing
Mem
bers
FIs/
MFs
/ Co
rpor
ates
Prim
ary
Dea
lers
In
dian
Ba
nks
Fore
ign
Bank
s 19
94-9
5 (J
une-
Mar
ch)
3,9
21
436
1
9
60
1,4
63
6,7
81
57.8
26.
430.
0214
.16
21.5
7
1995
-96
2,7
87
902
1
38
3,5
69
4,4
73
11,
868
23.4
87.
601.
1630
.07
37.6
9
1996
-97
9,7
03
1,6
11
2,5
79
12,
688
15,
698
42,
278
22.9
53.
816.
1030
.01
37.1
3
1997
-98
21,
975
4,7
84
13,
418
45,
885
25,
201
111
,263
19
.75
4.30
12.0
641
.24
22.6
5
1998
-99
16,
327
5,2
00
15,
441
44,
424
24,
079
105
,469
15
.48
4.93
14.6
442
.12
22.8
3
1999
-00
56,
675
12,
716
59,
079
129
,961
4
5,78
5 3
04,2
16
18.6
34.
1819
.42
42.7
215
.05
2000
-01
99,
602
17,
915
94,
888
143
,746
7
2,43
0 4
28,5
82
23.2
44.
1822
.14
33.5
416
.90
2001
-02
222
,779
3
9,40
3 2
13,1
18
346
,672
1
25,2
19
947
,191
23
.52
4.16
22.5
036
.60
13.2
2
2002
-03
265
,145
4
0,29
0 2
35,4
35
414
,336
1
13,4
96
1,0
68,7
01
24.8
13.
7722
.03
38.7
710
.62
2003
-04
458
,001
6
0,01
4 2
24,1
31
478
,533
9
5,41
7 1
,316
,096
34
.80
4.56
17.0
336
.36
7.25
2004
-05
301
,325
4
5,60
7 1
64,1
49
265
,212
1
11,0
00
887
,294
33
.96
5.14
18.5
029
.89
12.5
1
2005
-06
152
,215
1
8,64
1 1
04,0
92
133
,479
6
7,09
6 4
75,5
23
32.0
13.
9221
.89
28.0
714
.11
2006
-07
67,
660
5,9
16
43,
427
57,
033
45,
070
219
,106
30
.88
2.70
19.8
226
.03
20.5
7
2007
-08
107
,704
6
,606
2
4,39
2 6
7,13
5 7
6,48
0 2
82,3
17
38.1
52.
348.
6423
.78
27.0
9
2008
-09
150
,014
1
1,40
8 2
2,10
6 6
0,85
1 9
1,57
3 3
35,9
52
44.6
53.
406.
5818
.11
27.2
6
Apr-
09 2
3,37
0 1
,360
2
,776
7
,784
1
0,36
3 4
5,65
3 51
.19
2.98
6.08
17.0
522
.7
May
-09
19,
102
1,2
56
1,9
21
7,6
55
10,
332
40,
266
47.4
43.
124.
7719
.01
25.6
6
Jun-
09 1
9,90
4 1
,319
2
,362
8
,290
1
2,69
3 4
4,56
8 44
.66
2.96
5.30
18.6
028
.48
Jul-
09 2
1,85
6 1
,286
2
,797
1
2,73
4 1
2,54
9 5
1,22
2 42
.67
2.51
5.46
24.8
624
.50
Aug-
09 1
8,44
3 9
56
1,8
70
8,6
06
8,3
58
38,
232
48.2
42.
504.
8922
.51
21.8
6
Sep-
0923
839
1637
2464
1584
814
886
58,
674
40.6
32.
794.
227
.01
25.3
7
Cont
d...
63
Mon
th/Y
ear
Turn
over
(In
` C
r.)
Tur
nove
r (I
n %
)
Trad
ing
Mem
bers
FIs/
MFs
/ Co
rpor
ates
Prim
ary
Dea
lers
In
dian
Ba
nks
Fore
ign
Bank
sTo
tal
Turn
over
Trad
ing
Mem
bers
FIs/
MFs
/ Co
rpor
ates
Prim
ary
Dea
lers
In
dian
Ba
nks
Fore
ign
Bank
s
Oct
-09
2386
410
6717
5470
0110
045
43,
731
54.5
72.
444.
0116
.01
22.9
7
Nov
-09
31,
583
1,8
20
3,3
80
13,
578
14,
638
64,
999
48.5
92.
85.
220
.89
22.5
2
Dec
-09
20,
519
1,3
45
2,0
06
8,4
56
5,2
41
37,
567
54.6
23.
585.
3422
.51
13.9
5
Jan-
10 3
1,60
4 8
10
1,1
01
8,9
32
14,
590
57,
036
55.4
11.
421.
9315
.66
25.5
8
Feb-
10 1
6,88
1 7
97
1,2
15
7,2
70
8,6
37
34,
800
48.5
12.
293.
4920
.89
24.8
2
Mar
-10
26,
626
1,1
16
2,4
52
5,7
33
11,
141
47,
068
56.5
72.
375.
2112
.18
23.6
7
2009
-201
0 2
77,5
92
14,
769
26,
096
111
,886
1
33,4
72
563
,816
49
.23
2.63
4.63
19.8
423
.67
Apr-
10 3
1,35
1 1
,552
3
,122
1
0,98
0 1
4,81
9 6
1,82
4 50
.71
2.51
5.05
17.7
623
.97
May
-10
34,
186
2,2
63
2,0
73
12,
445
22,
283
73,
251
46.6
73.
092.
8316
.99
30.4
2
Jun-
10 2
3,62
7 1
,820
2
,221
8
,820
1
3,65
4 5
0,14
3 47
.12
3.63
4.43
17.5
927
.23
Jul-
10 2
3,85
5 1
,376
2
,371
8
,362
1
1,17
1 4
7,13
5 50
.61
2.92
5.03
17.7
423
.7
Aug-
10 2
3,04
6 1
,006
2
,747
7
,091
1
1,21
8 4
5,10
8 51
.09
2.23
6.09
15.7
224
.87
Sep-
10 2
2,47
1 1
,387
2
,020
4
,604
1
4,70
4 4
5,18
6 49
.73
3.07
4.47
10.1
932
.54
Oct
-10
26,
850
1,1
48
1,4
88
2,7
69
13,
659
45,
913
58.4
82.
503.
246.
0329
.75
Nov
-10
20,
034
441
1
,431
2
,625
7
,913
3
2,44
4 61
.75
1.36
4.41
8.09
24.3
9
Dec
-10
21,
600
795
1
,386
2
,785
7
,397
3
3,96
2 63
.60
2.34
4.08
8.20
21.7
8
Jan-
11 2
6,34
5 7
55
1,3
43
3,6
36
13,
141
45,
220
58.2
61.
672.
978.
0429
.06
Feb-
11 2
1,08
1 5
41
1,4
34
3,3
82
8,4
59
34,
897
60.4
11.
554.
119.
6924
.24
Mar
-11
24,
919
333
1
,943
5
,741
1
1,42
8 4
4,36
3 56
.17
0.75
4.38
12.9
425
.76
2010
-11
299
,366
1
3,41
7 2
3,57
9 7
3,23
9 1
49,8
46
559
,447
53
.51
2.41
4.21
13.0
926
.78
Cont
d...
64
Table 5-4: Share of Top ‘N’ Securities/Trading Members/Participants in Turnover in WDM Segment.
Year In Percent
Top 5 Top 10 Top 25 Top 50 Top 100
Securities
1994-95 42.84 61.05 80.46 89.81 97.16
1995-96 57.59 69.46 79.60 86.58 93.24
1996-97 32.93 48.02 65.65 78.32 90.17
1997-98 30.65 46.92 71.25 85.00 92.15
1998-99 26.81 41.89 64.30 78.24 86.66
1999-00 37.11 55.57 82.12 90.73 95.28
2000-01 42.20 58.30 80.73 89.97 95.13
2001-02 51.61 68.50 88.73 94.32 97.19
2002-03 43.10 65.15 86.91 92.74 96.13
2003-04 37.06 54.43 81.58 90.66 95.14
2004-05 43.70 57.51 71.72 80.59 89.55
2005-06 47.42 59.78 72.02 81.04 89.36
2006-07 40.90 51.29 65.82 77.15 86.91
2007-08 39.65 53.31 68.35 79.64 89.55
2008-09 31.31 43.05 60.42 72.45 83.87
2009-10 24.19 35.14 53.05 65.63 77.89
2010-11 26.65 38.63 51.69 61.49 74.22
Trading Members
1994-95 51.99 73.05 95.37 100.00 -
1995-96 44.36 68.58 96.10 100.00 -
1996-97 30.02 51.27 91.57 99.96 100.00
1997-98 27.17 47.85 83.38 99.82 100.00
1998-99 29.87 50.45 86.55 99.98 100.00
1999-00 32.38 53.41 84.46 100.00 -
2000-01 35.17 54.25 86.82 100.00 -
2001-02 35.18 58.68 88.36 100.00 -
2002-03 31.77 53.71 85.49 100.00 -
2003-04 30.72 53.01 86.71 100.00 -
Contd...
65
Year In Percent
Top 5 Top 10 Top 25 Top 50 Top 100
2004-05 35.75 56.84 86.74 100.00 -
2005-06 39.68 60.63 89.38 100.00 -
2006-07 57.75 78.01 96.43 100.00 -
2007-08 65.32 80.24 97.60 100.00 -
2008-09 69.92 82.89 98.38 100.00 -
2009-10 73.72 85.28 97.98 100.00 -
2010-11 73.58 86.08 98.72 100.00 -
Participants
1994-95 18.37 27.38 38.40 42.20 -
1995-96 29.66 47.15 70.49 76.32 76.58
1996-97 25.27 44.92 67.00 76.33 77.10
1997-98 23.60 38.96 65.59 77.96 80.22
1998-99 22.47 37.39 62.79 79.27 84.51
1999-00 15.54 27.87 52.51 74.76 81.32
2000-01 17.51 28.85 50.64 69.72 76.78
2001-02 17.49 29.25 50.19 69.16 76.49
2002-03 17.27 28.29 49.22 68.14 75.20
2003-04 16.66 25.96 44.25 59.87 65.17
2004-05 16.82 28.64 47.24 61.71 66.00
2005-06 17.5 30.53 53.61 65.84 67.97
2006-07 25.85 40.65 59.99 68.17 69.09
2007-08 28.36 40.64 55.58 61.77 61.84
2008-09 24.08 38.24 51.19 55.34 55.38
2009-10 23.40 36.87 47.64 50.77 -
2010-11 23.52 35.89 44.63 46.51 -
Contd...
66
Tabl
e 5-
5: M
arke
t Ca
pita
lisa
tion
of
WD
M S
ecur
itie
s
Mon
th/
Year
Gov
t.
secu
riti
esPS
U b
onds
Stat
e lo
ans
T-bi
llsO
ther
sTo
tal
Tota
lG
ovt.
se
curi
ties
PSU
bo
nds
Stat
e lo
ans
T-bi
lls
Oth
ers
(` c
r.)
(US
$ m
n.)
(in
perc
ent)
Jun-
94 6
0,71
9 2
0,43
9 1
,833
1
8,47
6 2
0,05
2 12
1,51
838
,663
49.9
716
.82
1.51
15.2
016
.50
Mar
-95
86,
175
25,
675
5,8
67
17,
129
23,
334
158,
181
50,3
2854
.48
16.2
33.
7110
.83
14.7
5
Mar
-96
125
,492
3
0,07
4 1
3,85
0 8
,452
2
9,91
5 20
7,78
360
,490
60.4
014
.47
6.67
4.07
14.4
0
Mar
-97
169
,830
3
6,21
1 1
8,89
1 1
3,46
0 5
4,38
0 29
2,77
281
,598
58.0
112
.37
6.45
4.60
18.5
7
Mar
-98
196
,290
3
5,32
3 2
3,98
9 1
7,49
7 7
0,09
1 34
3,19
1 8
6,81
8 57
.20
10.2
96.
995.
1020
.42
Mar
-99
260
,002
3
4,99
4 3
0,51
6 1
1,29
2 7
4,66
6 41
1,47
0 9
6,97
6 63
.19
8.50
7.42
2.74
18.1
5
Mar
-00
319
,865
3
9,35
7 3
9,47
7 1
5,34
5 7
9,98
9 49
4,03
3 1
13,2
58
64.7
57.
977.
993.
1116
.19
Mar
-01
397
,228
3
6,36
5 4
4,62
4 1
7,72
5 8
4,89
4 58
0,83
6 1
13,2
58
68.3
96.
267.
683.
0514
.62
Mar
-02
542
,601
3
9,94
4 6
1,38
5 2
3,84
9 8
9,01
6 75
6,79
4 1
55,7
19
71.7
05.
288.
113.
1511
.76
Mar
-03
658
,002
3
8,38
3 7
2,09
4 3
4,91
9 6
1,08
4 86
4,48
1 1
81,9
96
76.1
24.
448.
344.
047.
06
Mar
-04
959
,302
5
6,83
2 7
9,34
0 3
2,69
2 8
7,69
8 1,
215,
864
280,
218
78.9
04.
676.
532.
697.
21
Mar
-05
1,00
6,10
7 6
8,39
8 2
23,2
08
73,
502
90,
519
1,46
1,73
433
4,11
168
.83
4.68
15.2
75.
036.
19
Mar
-06
1,05
9,78
9 8
8,71
6 2
41,9
27
70,
186
106
,956
1,
567,
574
351
,395
67
.61
5.66
15.4
34.
486.
82
Mar
-07
1,18
2,27
8 8
9,62
8 2
49,8
47
115
,183
1
47,8
65
1,78
4,80
1 4
09,4
52
66.2
45.
0214
.00
6.45
8.28
Mar
-08
1,39
2,21
9 9
6,26
8 3
15,6
61
111
,562
2
07,6
36
2,12
3,34
6 5
31,2
35
65.5
74.
5314
.87
5.25
9.77
Mar
-09
1,84
9,97
1 1
29,4
99
422
,362
1
47,6
17
298
,867
2,
848,
315
559
,041
64
.95
4.55
14.8
35.
1810
.49
Apr-
09 1
,959
,534
1
31,9
93
423
,688
1
61,5
91
311
,526
2
,988
,332
6
62,0
14
65.
57
4.4
2 1
4.18
5
.41
10.
42
May
-09
1,9
83,7
40
135
,139
4
31,3
71
146
,531
3
11,6
26
3,0
08,4
07
666
,461
6
5.94
4
.49
14.
34
4.8
7 1
0.36
Jun-
09 2
,034
,163
1
36,5
87
436
,946
1
45,3
91
322
,819
3
,075
,905
6
81,4
14
66.
13
4.4
4 1
4.21
4
.73
10.
50
Jul-
09 2
,065
,255
1
38,7
18
446
,610
1
39,8
16
327
,377
3
,117
,776
6
90,6
90
66.
24
4.4
5 1
4.32
4
.48
10.
50
Aug-
09 1
,898
,003
1
44,5
72
457
,731
1
37,4
92
332
,661
2
,970
,459
6
58,0
55
63.
90
4.8
7 1
5.41
4
.63
11.
20
Cont
d...
67
Mon
th/
Year
Gov
t.
secu
riti
esPS
U b
onds
Stat
e lo
ans
T-bi
llsO
ther
sTo
tal
Tota
lG
ovt.
se
curi
ties
PSU
bo
nds
Stat
e lo
ans
T-bi
lls
Oth
ers
(` c
r.)
(US
$ m
n.)
(in
perc
ent)
Sep-
09 1
,932
,681
1
45,6
24
472
,392
1
37,5
80
336
,139
3
,024
,417
6
70,0
08
63.
90
4.8
1 1
5.62
4
.55
11.
11
Oct
-09
1,9
61,3
49
151
,364
4
86,3
63
133
,615
3
40,0
42
3,0
72,7
33
680
,712
6
3.83
4
.93
15.
83
4.3
5 1
1.07
Nov
-09
1,9
70,0
02
153
,577
4
97,6
52
132
,538
3
45,4
44
3,0
99,2
14
686
,578
6
3.56
4
.96
16.
06
4.2
8 1
1.15
Dec
-09
1,9
79,3
39
155
,927
5
09,7
22
134
,388
3
50,3
72
3,1
29,7
47
693
,342
6
3.24
4
.98
16.
29
4.2
9 1
1.19
Jan-
10 1
,966
,140
1
61,8
56
516
,934
1
33,2
24
360
,024
3
,138
,177
6
95,2
10
62.
65
5.1
6 1
6.47
4
.25
11.
47
Feb-
10 1
,956
,862
1
63,5
90
530
,091
1
33,1
86
369
,630
3
,153
,360
6
98,5
73
62.
06
5.1
9 1
6.81
4
.22
11.
72
Mar
-10
1,95
0,43
6 1
62,9
79
536
,996
1
35,6
96
379
,823
3,
165,
929
701
,358
6
1.61
5
.15
16.
96
4.2
9 1
2.00
Apr-
10 1
,995
,829
1
67,3
02
541
,019
1
34,4
79
384
,368
3
,222
,997
7
21,8
36
61.
92
5.1
9 1
6.79
4
.17
11.
93
May
-10
2,0
11,4
04
172
,417
5
49,1
13
154
,587
3
97,6
13
3,2
85,1
34
735
,752
6
1.23
5
.25
16.
72
4.7
1 1
2.10
Jun-
10 2
,019
,550
1
78,3
33
554
,731
1
29,6
65
402
,536
3
,284
,814
7
35,6
81
61.
48
5.4
3 1
6.89
3
.95
12.
25
Jul-
10 2
,004
,452
1
82,9
05
559
,810
1
14,8
50
414
,717
3
,276
,734
7
33,8
71
61.
17
5.5
8 1
7.08
3
.51
12.
66
Aug-
10 2
,059
,461
1
82,6
24
565
,817
1
20,4
85
421
,803
3
,350
,190
7
50,3
23
61.
47
5.4
5 1
6.89
3
.60
12.
59
Sep-
10 2
,092
,803
1
82,5
57
572
,476
1
16,6
96
425
,451
3
,389
,983
7
59,2
35
61.
73
5.3
9 1
6.89
3
.44
12.
55
Oct
-10
2,1
26,7
29
182
,111
5
82,9
49
126
,166
4
33,0
49
3,4
51,0
03
772
,901
6
1.63
5
.28
16.
89
3.6
6 1
2.55
Nov
-10
2,1
59,0
33
187
,364
5
90,0
58
115
,442
4
34,3
52
3,4
86,2
49
780
,795
6
1.93
5
.37
16.
93
3.3
1 1
2.46
Dec
-10
2,1
86,9
89
190
,178
5
95,8
65
123
,772
4
37,9
58
3,5
34,7
61
791
,660
6
1.87
5
.38
16.
86
3.5
0 1
2.39
Jan-
11 2
,180
,224
1
91,8
78
602
,331
1
24,5
73
444
,586
3
,543
,592
7
93,6
38
61.
53
5.4
1 1
7.00
3
.52
12.
55
Feb-
11 2
,183
,077
1
90,9
84
613
,974
1
25,0
27
450
,664
3
,563
,725
7
98,1
47
61.
26
5.3
6 1
7.23
3
.51
12.
65
Mar
-11
2,1
85,7
21
190
,922
6
22,0
69
137
,677
4
58,4
88
3,5
94,8
77
805
,124
6
0.80
5
.31
17.
30
3.8
3 1
2.75
Cont
d...
68
Table 5-6: FIMMDA NSE MIBID/MIBOR Rates 2010-11
Month/Date
Overnight at 9:40 A.M
3 Day at 9:40 a.m. *
14 day at 11:30 a.m.
1 month rate 11:30 a.m.
3 month rate at 11:30 a.m.
MIBID MIBOR MIBID MIBOR MIBID MIBOR MIBID MIBOR MIBID MIBOR
Apr-10 3.79 3.87 3.81 3.89 3.85 4.14 4.13 4.46 4.62 5.01
May-10 5.15 5.25 4.66 4.80 4.26 4.69 4.59 4.95 4.95 5.33
Jun-10 5.61 5.73 5.44 5.50 5.33 5.72 5.77 6.26 5.99 6.50
Jul-10 5.86 5.90 4.73 4.87 5.36 5.71 5.81 6.21 6.14 6.53
Aug-10 5.06 5.13 4.54 4.62 5.31 5.65 5.88 6.22 6.52 6.90
Sep-10 7.20 7.28 6.08 6.17 6.23 6.60 6.58 6.97 7.1 7.49
Oct-10 7.36 7.66 7.51 7.70 6.73 7.20 7.13 7.52 7.5 7.85
Nov-10 6.53 6.64 6.81 6.89 7.15 7.44 7.47 7.80 7.82 8.19
Dec-10 6.64 6.71 6.64 6.71 7.42 7.87 8.14 8.54 8.59 9.00
Jan-11 6.93 7.00 6.66 6.73 7.13 7.57 7.59 8.12 8.87 9.30
Feb-11 6.93 7.00 6.73 6.80 7.35 7.61 8.07 8.42 9.31 9.66
Mar-11 9.00 9.24 9.07 9.34 9.23 9.66 9.54 9.91 9.85 10.15
* last 3 day rate for each month
Table 5-7: 1-day Value-at-Risk (99%) for Government of India Securities Traded as on March 31, 2011
Sec_type
Security Issue_Name
Normal Weighted Normal
Histori-cal_Sim-ulation
Weighted Histori-cal_Sim-ulation
EVT Clean Price
(off NSE-ZCYC)
Accrued_Interest
GS CG2011 9.39% 0.3110 0.2620 0.3980 0.2530 0.3440 100.4090 2.2639
GS CG2012 7.40% 0.7900 0.7730 0.9640 0.7330 0.8670 99.8390 3.0422
GS CG2020 7.80% 1.5160 0.5860 1.6250 0.4990 1.3550 97.7120 3.2067
GS CG2022 8.08% 1.8530 0.7800 1.9770 1.2040 1.6930 98.5580 1.3242
GS CG2022 8.13% 1.8740 0.7950 2.0390 1.8640 1.7240 98.8880 0.2258
GS CG2026 6.90% 2.7620 1.6390 3.3310 1.3310 2.5380 87.3390 1.0925
GS CG2036 8.33% 4.8370 5.0530 6.7370 3.7790 4.6670 97.9840 2.6378
GS CG2040 8.30% 5.4990 6.1690 7.7410 4.5210 5.2670 97.3560 2.0519
TB 91D 080411 0.0320 0.0250 0.0430 0.0360 0.0350 99.8300 0
TB 91D 150411 0.0590 0.0460 0.0800 0.0660 0.0640 99.6810 0
TB 91D 170611 0.2630 0.2190 0.3310 0.2920 0.2890 98.3730 0
TB 91D 300611 0.2990 0.2510 0.3830 0.3380 0.3290 98.1090 0
69
Table 5-8: Corporate Bond Trades at NSE (2010-11)
Month / Year No. of trades Traded Value (` cr.)
Apr-10 902 19,655
May-10 1,048 22,380
Jun-10 893 13,294
Jul-10 593 12,107
Aug-10 861 12,486
Sep-10 862 12,964
Oct-10 568 11,496
Nov-10 438 9,785
Dec-10 738 8,451
Jan-11 346 9,781
Feb-11 367 10,696
Mar-11 390 12,855
2010-11 8,006 155,951
70
Equity Futures & Options Segment 6
72
73
6
Cont
d...
Equity Futures & Options SegmentTa
ble
6-1:
Bus
ines
s G
row
th o
f Fu
ture
s &
Opt
ions
Mar
ket
Segm
ent
Mont
h/Ye
arInd
ex Fu
ture
sSt
ock F
utur
es In
dex O
ption
s St
ock O
ption
sTo
tal
Aver
age D
aily
Trad
ing Vo
lume
Call
Put
Call
Put
No. o
f Co
ntra
cts
Trad
ed
Trad
ing
Volum
e No
. of
Cont
ract
s Tr
aded
Trad
ing
Volum
e No
. of C
on-
tract
s Tr
aded
Notio
nal
Trad
ing
Volum
e
No. o
f Co
ntra
cts
Trad
ed
Notio
nal
Trad
ing
Volum
e
No. o
f Co
ntra
cts
Trad
ed
Not
ional
Trad
ing
Volum
e
No. o
f Co
ntra
cts
Trad
ed
Notio
nal
Trad
ing
Volum
e
No. o
f Con
-tra
cts T
rade
dTr
ading
Volum
e
(` cr
.) (`
cr.)
(` cr
.) (`
cr.)
(` cr
.) (`
cr.)
(` cr
.)(U
S $ m
n.)
(` cr
.)(U
S $ m
n.)
Jun-
00 to
Ma
r-01
90,5
802,
365
--
--
--
--
--
90,5
802,
365
555
122
2001
-02
1,02
5,58
821
,482
1,95
7,85
651
,516
113,
974
2,46
661
,926
1,30
076
8,15
918
,780
269,
370
6,38
34,
196,
873
101,
927
20,8
8741
38
2002
-03
2,12
6,76
343
,951
10,6
76,8
4328
6,53
226
9,67
45,
670
172,
567
3,57
72,
456,
501
69,6
441,
066,
561
30,4
8916
,768
,909
439,
864
92,6
031,
752
368
2003
-04
17,1
91,6
6855
4,46
232
,368
,842
1,30
5,94
91,
043,
894
31,8
0168
8,52
021
,022
4,24
8,14
916
8,17
41,
334,
922
49,0
3856
,886
,776
2,13
0,64
9 49
1,04
6 8,
388
1,93
3
2004
-05
21,6
35,4
4977
2,17
447
,043
,066
1,48
4,06
71,
870,
647
69,3
731,
422,
911
52,5
813,
946,
979
132,
066
1,09
8,13
336
,792
77,0
17,1
852,
547,
053
582,
183
10,0
672,
301
2005
-06
58,5
37,8
86
1,51
3,79
1 79
,586
,852
27
9172
1 6,
413,
467
168,
632
6,52
1,64
9 16
9,83
7 4,
165,
996
143,
752
1,07
4,78
0 36
,518
15
6,30
0,63
0 4,
824,
250
1,08
1,42
8 19
,220
4,
308
2006
-07
81,4
87,4
24
2,53
9,57
5 10
4,95
5,40
1 3,
830,
972
12,6
32,3
49
398,
219
12,5
25,0
89
393,
693
4,39
4,29
2 16
1,90
2 88
9,01
8 31
,909
21
6,88
3,57
3 7,
356,
271
1,68
7,60
5 29
,543
6,
777
2007
-08
156,
598,
579
3,82
0,66
7 20
3,58
7,95
2 7,
548,
563
26,6
67,8
82
668,
816
28,6
98,1
56
693,
295
8,00
2,71
3 30
8,44
3 1,
457,
918
50,6
93
425,
013,
200
13,0
90,4
78
3,27
5,07
6 52
,153
13
,048
2008
-09
210,
428,
103
3,57
0,11
1 22
1,57
7,98
0 3,
479,
642
110,
431,
974
2,00
2,54
4 10
1,65
6,47
0 1,
728,
957
9,76
2,96
8 17
1,84
3 3,
533,
002
57,3
84
657,
390,
497
11,0
10,4
82
2,16
1,03
7 45
,311
8,
893
Apr-0
9 18
,662
,382
30
1,76
4 9,
858,
642
356,
383
13,6
87,4
68
240,
150
13,1
94,5
02
213,
639
558,
380
22,1
68
248,
943
9,25
9 56
,210
,317
1,
143,
362
253,
293
67,2
57
14,9
00
May-0
9 16
,617
,516
31
7,41
5 9,
528,
178
448,
154
11,1
96,3
49
235,
522
10,2
99,1
92
194,
993
485,
011
24,1
85
159,
269
6,98
3 48
,285
,515
1,
227,
252
271,
877
61,3
63
13,5
94
Jun-
09 16
,207
,959
34
6,93
4 11
,127
,649
589,
657
12,6
89,8
72
295,
511
11,4
99,7
70
250,
133
718,
536
41,3
45
164,
411
8,40
0 52
,408
,197
1,
531,
980
339,
384
69,6
35
15,4
27
Jul-0
9 18
,271
,805
38
2,92
4 15
,500
,535
450,
631
16,4
53,6
11
376,
753
15,3
33,1
32
324,
495
963,
541
30,0
92
304,
462
8,61
5 66
,827
,086
1,
573,
509
348,
584
68,4
13
15,1
56
Aug-
09 16
,892
,217
36
6,31
2 13
,113
,118
412,
362
14,7
78,7
55
351,
830
13,7
57,1
02
306,
927
863,
860
28,2
15
265,
335
7,99
9 59
,670
,387
1,
473,
646
326,
461
70,1
74
15,5
46
Sep-
09 13
,032
,242
30
2,42
5 13
,157
,621
434,
119
11,0
09,1
17
276,
647
14,0
64,9
24
332,
429
943,
618
32,9
75
293,
810
9,78
3 52
,501
,332
1,
388,
378
307,
572
69,4
19
15,3
79
Oct-0
9 13
,615
,447
32
9,61
0 14
,044
,526
465,
829
12,3
98,6
18
318,
747
14,2
72,6
34
350,
844
1,06
4,64
4 35
,426
31
3,92
5 9,
961
55,7
09,7
94
1,51
0,41
7 33
4,60
7 75
,521
16
,730
Nov-0
9 15
,178
,552
36
3,52
3 13
,260
,546
438,
219
14,7
99,4
88
377,
439
18,1
65,7
86
438,
968
1,00
1,74
4 32
,622
35
8,95
9 11
,044
62
,765
,075
1,
661,
816
368,
147
83,0
91
18,4
07
74
Cont
d...
Mont
h/Ye
arInd
ex Fu
ture
sSt
ock F
utur
es In
dex O
ption
s St
ock O
ption
sTo
tal
Aver
age D
aily
Trad
ing Vo
lume
Call
Put
Call
Put
No. o
f Co
ntra
cts
Trad
ed
Trad
ing
Volum
e No
. of
Cont
ract
s Tr
aded
Trad
ing
Volum
e No
. of C
on-
tract
s Tr
aded
Notio
nal
Trad
ing
Volum
e
No. o
f Co
ntra
cts
Trad
ed
Notio
nal
Trad
ing
Volum
e
No. o
f Co
ntra
cts
Trad
ed
Not
ional
Trad
ing
Volum
e
No. o
f Co
ntra
cts
Trad
ed
Notio
nal
Trad
ing
Volum
e
No. o
f Con
-tra
cts T
rade
dTr
ading
Volum
e
(` cr
.) (`
cr.)
(` cr
.) (`
cr.)
(` cr
.) (`
cr.)
(` cr
.)(U
S $ m
n.)
(` cr
.)(U
S $ m
n.)
Dec-
09 13
,337
,833
32
9,49
6 11
,307
,332
395,
953
14,5
70,5
66
382,
975
14,9
55,3
74
373,
702
946,
883
32,6
96
306,
015
10,1
60
55,4
24,0
03
1,52
4,98
2 33
7,83
4 72
,618
16
,087
Jan-
10 12
,056
,359
29
8,84
9 12
,546
,679
444,
133
13,1
84,7
21
345,
896
13,8
99,8
84
349,
964
1,08
3,64
0 39
,502
33
0,53
8 11
,951
53
,101
,821
1,
490,
297
330,
150
78,4
37
17,3
76
Feb-
10 13
,891
,843
32
6,87
1 10
,725
,789
354,
484
17,3
17,4
34
434,
844
17,2
71,2
70
412,
391
922,
728
31,3
59
300,
899
9,92
6 60
,429
,963
1,
569,
876
347,
779
78,4
94
17,3
89
Mar-1
0 10
,542
,734
26
8,26
6 11
,420
,625
405,
316
15,5
97,9
29
412,
952
16,9
82,0
25
430,
214
1,06
1,56
2 38
,572
35
5,55
7 12
,826
55
,960
,432
1,
568,
147
347,
396
74,6
74
16,5
43
2009
-10
178,
306,
889
3,93
4,38
9 14
5,59
1,24
0 5,
195,
247
167,
683,
928
4,04
9,26
6 17
3,69
5,59
5 3,
978,
699
10,6
14,1
47
389,
158
3,40
2,12
3 11
6,90
7 67
9,29
3,92
2 17
,663
,665
3,
913,
085
72,3
92
16,0
37
Apr-1
0 10
,785
,388
27
9,57
2 11
,418
,975
409,
844
16,3
03,1
27
441,
522
17,7
73,2
16
463,
950
1,46
5,07
5 57
,692
48
4,78
9 19
,039
58
,230
,570
1,
671,
620
374,
383
83,5
81
18,7
19
May-1
0 16
,843
,664
39
5,61
3 13
,886
,580
431,
592
23,5
02,3
66
611,
699
24,3
89,0
36
605,
759
1,69
6,09
4 58
,537
64
2,77
5 21
,296
80
,960
,515
2,
124,
496
475,
811
101,
166
22,6
58
Jun-
10 15
,434
,326
37
2,26
6 14
,156
,191
421,
843
20,5
96,1
47
549,
698
24,6
13,4
15
620,
245
1,65
7,22
0 52
,297
62
0,79
0 19
,250
77
,078
,089
2,
035,
599
455,
901
92,5
27
20,7
23
Jul-1
0 11
,530
,614
28
9,42
3 14
,877
,996
423,
421
18,2
31,4
36
501,
798
20,6
57,5
77
541,
556
1,87
9,79
4 56
,723
57
9,39
0 16
,988
67
,756
,807
1,
829,
910
409,
834
83,1
78
18,6
29
Aug-
10 11
,566
,700
29
9,13
0 16
,620
,194
496,
266
19,0
36,0
06
532,
013
23,4
00,9
78
625,
453
2,34
0,57
3 76
,820
74
7,57
4 24
,045
73
,712
,025
2,
053,
728
459,
961
93,3
51
20,9
07
Sep-
10 13
,736
,522
38
3,87
2 17
,865
,765
555,
580
27,3
14,5
89
813,
116
30,8
49,4
58
875,
353
2,58
4,82
1 84
,954
73
8,49
4 23
,516
93
,089
,649
2,
736,
392
612,
854
130,
304
29,1
84
Oct-1
0 13
,795
,612
40
2,45
7 18
,381
,074
608,
829
27,7
72,2
94
871,
865
27,7
77,6
63
833,
649
2,45
7,38
5 86
,796
61
6,99
5 20
,897
90
,801
,023
2,
824,
493
632,
585
134,
500
30,1
23
Nov-1
0 14
,761
,031
42
4,78
9 18
,364
,437
539,
872
30,4
96,3
10
946,
324
32,1
22,1
51
956,
620
2,32
4,07
5 75
,786
73
1,24
6 22
,455
98
,799
,250
2,
965,
846
664,
243
141,
231
31,6
31
Dec-
10 11
,406
,712
32
2,79
3 15
,409
,764
432,
644
24,5
33,3
40
751,
192
26,1
51,0
91
768,
088
2,02
1,54
5 61
,356
71
9,86
7 21
,035
80
,242
,319
2,
357,
109
527,
908
107,
141
23,9
96
Jan-
11 14
,095
,425
38
4,48
4 14
,823
,064
411,
149
33,3
93,1
26
996,
718
33,6
45,5
31
965,
797
2,03
5,55
6 61
,787
73
6,05
3 21
,898
98
,728
,755
2,
841,
834
636,
469
142,
092
31,8
23
Feb-
11 15
,734
,318
40
2,75
9 16
,048
,082
401,
306
37,9
24,3
68
1,05
9,76
6 36
,681
,957
98
4,58
7 2,
070,
078
56,9
55
906,
631
23,9
21
109,
365,
434
2,92
9,29
5 65
6,05
7 14
6,46
5 32
,803
Mar-1
1 15
,333
,341
39
9,59
5 14
189,
337
363,
404
35,4
30,1
35
1,01
4,99
0 38
,043
,240
1,
033,
607
1,74
1,34
4 47
,406
71
0,22
9 18
,897
10
5,44
7,62
6 2,
877,
900
644,
547
130,
814
29,2
98
2010
-11
165,
023,
653
4,35
6,75
5 18
6,04
1,45
9 5,
495,
757
314,
533,
244
9,09
0,70
2 33
6,10
5,31
3 9,
274,
664
24,2
73,5
60
777,
109
8,23
4,83
3 25
3,23
5 1,0
34,21
2,062
29
,248
,221
6,
550,
553
115,
150
25,7
90
75
Table 6-2: Benchmark Indices Contracts & Trading Volume in F&O Segment of NSE (2010-11)
Products Underlying No. of Contracts Turnover
(` cr.) (US $ mn.)
NIFTY S&P CNX Nifty 782,700,769 22,049,843 4,938,375
BANKNIFTY BANK Nifty 18,030,585 504,636 113,020
MINIFTY S&P CNX Nifty 14,824,597 164,502 36,842
CNXIT CNX IT 68,188 2,367 530
Nifty Midcap 50 Nifty Midcap 50 38,071 772 173
Long term Option Contracts S&P CNX Nifty 1,434,919 40,193 9,002
TOTAL 817,097,129 22,762,314 5,097,943
Table 6-3: Internet Trading in the F&O Segment of the Exchange
Year Enabled members *
Registered clients *
Internet Trading Value
Internet Trading Value
% of Total Trading Volume
(` cr.) (US $ mn.)
2006-07 242 1,616,218 1,214,961 278,725 8.26
2007-08 305 3,432,771 2,417,165 604,745 9.235
2008-09 337 4,426,577 1,686,208 330,954 7.655
2009-10 356 3,529,947 2,694,513 596,924 7.63
2010-11 380 4,363,400 4,318,184 967,118 7.38
* At the end of fi nancial year.
Table 6-4: Records Achieved in the F&O Segment : 2010-11
Product Traded Value (` cr.) (US $ mn.) Date
Index Futures 40,123 8,986 23-Nov-10
Stock Futures 59,534 13,333 28-Oct-10
Index Options 198,096 44,366 24-Feb-11
Stock Options 6,929 1,552 12-Aug-10
Total F&O Traded Value 277,277 62,100 24-Feb-11
76
Table 6-5: List of Securities on which Futures & Options are available at NSE*
Security Symbol Market Lot Launch Date Remarks
1 3I INFOTECH LTD. 3IINFOTECH 4,000 29-Oct-10 Re-introduced
2 ABAN OFFSHORE LTD. ABAN 250 29-Dec-06
3 ABB LTD. ABB 250 20-Apr-05
4 ABG SHIPYARD LTD. ABGSHIP 1,000 25-Jun-10 Re-introduced
5 ADITYA BIRLA NUVO LIMITED ABIRLANUVO 250 14-May-07 Re-introduced
6 ACC LIMITED ACC 250 2-Jul-01
7 ADANI ENTERPRISES LIMITED ADANIENT 500 19-Feb-10
8 ADANI POWER LTD. ADANIPOWER 2,000 30-Jul-10
9 ALLAHABAD BANK ALBK 1,000 20-Apr-05
10 ALOK INDUSTRIES LTD. ALOKTEXT 10,000 29-Oct-10 Re-introduced
11 AMBUJA CEMENTS LTD. AMBUJACEM 2,000 2-Jul-01
12 ANDHRA BANK ANDHRABANK 2,000 29-Aug-03
13 ALSTOM PROJECTS INDIA LTD. APIL 500 14-May-07
14 APOLLO TYRES LTD. APOLLOTYRE 4,000 19-Feb-10
15 AREVA T&D INDIA LIMITED AREVAT&D 1,000 19-Feb-10
16 ASHOK LEYLAND LTD. ASHOKLEY 4,000 20-Apr-05
17 ASIAN PAINTS LIMITED ASIANPAINT 125 21-Aug-08
18 AUROBINDO PHARMA LTD. AUROPHARMA 1,250 12-May-05
19 AXIS BANK LIMITED AXISBANK 250 20-Apr-05
20 BAJAJ AUTO LIMITED BAJAJ-AUTO 250 26-May-08
21 BAJAJ HINDUSTAN LTD. BAJAJHIND 2,000 29-Dec-06
22 BAJAJ HOLDINGS & INVS LTD. BAJAJHLDNG 250 14-Mar-08 Re-introduced
23 BALRAMPUR CHINI MILLS LTD. BALRAMCHIN 4,000 29-Dec-06
24 BANK OF BARODA BANKBARODA 250 29-Aug-03
25 BANK OF INDIA BANKINDIA 500 29-Aug-03
26 BATA INDIA LTD. BATAINDIA 1,000 29-Oct-10 Re-introduced
27 BHARAT ELECTRONICS LTD. BEL 125 31-Jan-03
28 BEML LIMITED BEML 250 29-Dec-06
29 BGR ENERGY SYSTEMS LTD. BGRENERGY 250 19-Feb-10
30 BHARAT FORGE LTD. BHARATFORG 1,000 20-Apr-05
31 BHARTI AIRTEL LIMITED BHARTIARTL 1,000 20-Apr-05
32 BHEL BHEL 125 2-Jul-01
33 BHUSHAN STEEL LIMITED BHUSANSTL 500 6-Sep-07
34 BIOCON LIMITED. BIOCON 1,000 6-Sep-07
35 BOMBAY DYEING & MFG. CO LTF. BOMDYEING 500 29-Oct-10 Re-introduced
36 BOSCH LIMITED BOSCHLTD 125 30-Nov-07
Contd...* As of March 31, 2011
77
Security Symbol Market Lot Launch Date Remarks
37 BHARAT PETROLEUM CORP LTD. BPCL 500 2-Jul-01
38 BOMBAY RAYON FASHIONS LTD. BRFL 1,000 14-May-07
39 CAIRN INDIA LIMITED CAIRN 1,000 9-Jan-07
40 CANARA BANK CANBK 500 29-Aug-03
41 CENTRAL BANK OF INDIA CENTRALBK 1,176 29-Oct-10 Re-introduced
42 CENTURY TEXTILES LTD. CENTURYTEX 500 20-Apr-05
43 CESC LTD. CESC 500 12-May-05
44 CHAMBAL FERTILIZERS LTD. CHAMBLFERT 4,000 12-May-05
45 CHENNAI PETROLEUM CORP LTD. CHENNPETRO 1,000 29-Jan-07 Re-introduced
46 CIPLA LTD. CIPLA 1,000 2-Jul-01
47 COLGATE PALMOLIVE LTD. COLPAL 250 17-Dec-07 Re-introduced
48 CONTAINER CORP OF IND LTD. CONCOR 250 21-Aug-08
49 CORE PROJ. & TECH. LTD. COREPROTEC 1,000 25-Jun-10 Re-introduced
50 CROMPTON GREAVES LTD. CROMPGREAV 1,000 29-Dec-06
51 CUMMINS INDIA LTD. CUMMINSIND 500 20-Apr-05
52 DABUR INDIA LTD. DABUR 2,000 20-Apr-05
53 DEVELOP CREDIT BANK LTD. DCB 4,000 29-Oct-10 Re-introduced
54 DECCAN CHRONICLE HOLD LTD. DCHL 2,000 21-Aug-08
55 DENA BANK DENABANK 2,000 14-May-07
56 DISH TV INDIA LTD. DISHTV 4,000 21-Aug-08
57 DIVI’S LABORATORIES LTD. DIVISLAB 500 12-May-05
58 DLF LIMITED DLF 1,000 5-Jul-07
59 DR. REDDY’S LABORATORIES DRREDDY 250 2-Jul-01
60 EDUCOMP SOLUTIONS LTD. EDUCOMP 500 14-May-07
61 EVEREST KANTO CYLINDER LTD. EKC 2000 14-May-07
62 ESCORTS INDIA LTD. ESCORTS 1,000 29-Oct-10 Re-introduced
63 ESSAR OIL LTD. ESSAROIL 2,000 12-May-05
64 EXIDE INDUSTRIES LTD. EXIDEIND 2,000 28-May-10
65 FEDERAL BANK LTD. FEDERALBNK 1,000 12-May-05
66 FINANCIAL TECHNO (I) LTD. FINANTECH 250 14-May-07
67 FORTIS HEALTHCARE LTD. FORTIS 2,000 19-Feb-10
68 FIRSTSOURCE SOLU. LTD. FSL 8,000 21-Aug-08
69 GAIL (INDIA) LTD. GAIL 500 26-Sep-03
70 THE GE SHPG.LTD. GESHIP 1,000 27-Nov-06 Re-introduced
71 GLAXOSMITHKLINE PHARMA LTD. GLAXO 125 20-Apr-05
72 GUJARAT MINERAL DEV CORP GMDCLTD 2,000 28-May-10
73 GMR INFRASTRUCTURE LTD. GMRINFRA 4,000, 21-Aug-06
74 GODREJ INDUSTRIES LTD. GODREJIND 1000 19-Feb-10
Contd...
Contd...
78
Security Symbol Market Lot Launch Date Remarks
75 GRASIM INDUSTRIES LTD. GRASIM 125 26-May-10 Re-introduced
76 GUJARAT STATE PETRO LTD. GSPL 2,000 21-Aug-08
77 GTL LTD. GTL 500 29-Dec-06
78 GTL INFRA.LTD. GTLINFRA 8,000 21-Aug-08
79 GREAT OFFSHORE LTD. GTOFFSHORE 1,000 30-Nov-07
80 GVK POW. & INFRA LTD. GVKPIL 8,000 21-Aug-08
81 HAVELLS INDIA LIMITED HAVELLS 500 29-Oct-10 Re-introduced
82 HINDUSTAN CONSTRUCTION CO HCC 4,000 29-Dec-06
83 HCL TECHNOLOGIES LTD. HCLTECH 500 31-Jan-03
84 HDFC LTD. HDFC 500 2-Jul-01
85 HDFC BANK LTD. HDFCBANK 125 29-Aug-03
86 HOUSING DEV & INFRA LTD. HDIL 1,000 24-Jul-07
87 HERO HONDA MOTORS LTD. HEROHONDA 125 31-Jan-03
88 HEXAWARE TECHNOLOGIES LTD. HEXAWARE 8,000 28-May-10
89 HINDALCO INDUSTRIES LTD. HINDALCO 2,000 2-Jul-01
90 HINDUSTAN OIL EXPLORATION HINDOILEXP 1,000 29-Oct-10 Re-introduced
91 HINDUSTAN PETROLEUM CORP HINDPETRO 500 2-Jul-01
92 HINDUSTAN UNILEVER LTD. HINDUNILVR 1,000 2-Jul-01
93 HINDUSTAN ZINC LIMITED HINDZINC 2,500 30-Nov-07
94 HOTEL LEELA VENTURES LTD. HOTELEELA 4,000 14-May-07
95 INDIABULLS REAL EST. LTD. IBREALEST 2,000 21-Apr-11 Re-introduced
96 ICICI BANK LTD. ICICIBANK 250 31-Jan-03
97 IDBI BANK LIMITED IDBI 2,000 20-Apr-05
98 IDEA CELLULAR LIMITED IDEA 4,000 9-Mar-07
99 INFRA. DEV. FIN. CO. LTD. IDFC 2,000 12-Aug-05
100 IFCI LTD. IFCI 4,000 27-May-05
101 INDRAPRASTHA GAS LTD. IGL 1,000 29-Oct-10
102 THE INDIAN HOTELS CO. LTD. INDHOTEL 2,000 20-Apr-05
103 THE INDIA CEMENTS LIMITED INDIACEM 2,000 27-May-05
104 INDIA INFOLINE LIMITED INDIAINFO 2,000 14-May-07
105 INDIAN BANK INDIANB 1,000 1-Mar-07
106 INDUSIND BANK LIMITED INDUSINDBK 1,000 29-Oct-10 Re-introduced
107 INFOSYS TECHNOLOGIES LTD. INFOSYSTCH 125 2-Jul-01
108 INDIAN OVERSEAS BANK IOB 2,000 20-Apr-05
109 INDIAN OIL CORP LTD. IOC 500 26-Sep-03
110 IRB INFRA DEV LTD. IRB 1,000 29-Oct-10 Re-introduced
111 ISPAT INDUSTRIES LIMITED ISPATIND 10,000 30-Nov-07
112 ITC LTD. ITC 2,000 2-Jul-01
Contd...
Contd...
79
Security Symbol Market Lot Launch Date Remarks
113 IVRCL INFRAST & PROJ LTD. IVRCLINFRA 2,000 27-May-05
114 JET AIRWAYS (INDIA) LTD. JETAIRWAYS 500 29-Oct-10 Re-introduced
115 JINDAL SAW LIMITED JINDALSAW 1,000 30-Nov-07
116 JINDAL STEEL & POWER LTD. JINDALSTEL 500 20-Apr-05
117 JINDAL SOUTHWEST HOLD LTD. JINDALSWHL 125 28-May-10
118 JAIN IRRIGATION SYSTEMS JISLJALEQS 1,250 19-Feb-10
119 JAIPRAKASH ASSOCIATES LTD. JPASSOCIAT 2,000 29-Dec-06
120 JAIPRAKASH POWER VEN. LTD. JPPOWER 4,000 18-Apr-05
121 JSW STEEL LIMITED JSWSTEEL 250 29-Dec-06
122 KINGFISHER AIRLINES LTD. KFA 4,000 14-May-07
123 KOTAK MAHINDRA BANK LTD. KOTAKBANK 500 29-Dec-06
124 K S OILS LIMITED KSOILS 8,000 21-Aug-08
125 KARNATAKA BANK LIMITED KTKBANK 2,165 29-Oct-10 Re-introduced
126 LIC HOUSING FINANCE LTD. LICHSGFIN 1,250 20-Apr-05
127 LANCO INFRATECH LTD. LITL 4,000 27-Nov-06
128 LARSEN & TOUBRO LTD. LT 125 15-Sep-06 Re-introduced
129 LUPIN LIMITED LUPIN 1,000 29-Dec-06
130 MAHINDRA & MAHINDRA LTD. M&M 500 2-Jul-01
131 MARUTI SUZUKI INDIA LTD. MARUTI 250 9-Jul-03
132 MAX INDIA LTD. MAX 2,000 29-Oct-10
133 UNITED SPIRITS LIMITED MCDOWELL-N 250 29-Dec-06
134 MCLEOD RUSSEL INDIA LTD. MCLEODRUSS 1,000 19-Feb-10
135 MERCATOR LINES LIMITED MLL 4,000 21-Aug-08
136 MOSER-BAER (I) LTD. MOSERBAER 4,000 14-May-07
137 MPHASIS LIMITED MPHASIS 500 12-May-05
138 MRF LTD. MRF 125 29-Oct-10 Re-introduced
139 MRPL MRPL 4,000 20-Apr-05
140 MAHANAGAR TELEPHONE NIGAM MTNL 4,000 2-Jul-01
141 MUNDRA PORT & SEZ LTD. MUNDRAPORT 2,000 19-Feb-10
142 NAGARJUNA FERT & CHEM LTD. NAGARFERT 8,000 27-May-05
143 NATIONAL ALUMINIUM CO LTD. NATIONALUM 2,000 31-Jan-03
144 NCC LIMITED NCC 2,000 29-Dec-06
145 NEYVELI LIGNITE CORPORATI NEYVELILIG 2,000 20-Apr-05
146 NHPC LTD. NHPC 8,000 30-Jul-10
147 NMDC LTD. NMDC 1,000 1-Oct-10
148 NTPC LTD. NTPC 1,000 5-Nov-04
149 ORACLE FIN SERV SOFT LTD. OFSS 125 30-May-03
150 OIL INDIA LTD. OIL 250 29-Oct-10
Contd...
Contd...
80
Contd...
Security Symbol Market Lot Launch Date Remarks
151 OIL AND NATURAL GAS CORP. ONGC 1,000 31-Jan-03
152 ONMOBILE GLOBAL LTD. ONMOBILE 1,000 19-Feb-10
153 OPTO CIRCUITS (I) LTD. OPTOCIRCUI 1,000 21-Aug-08
154 ORBIT CORP. LTD. ORBITCORP 2,000 25-Jun-10 Re-introduced
155 ORCHID CHEM & PHARMA LTD. ORCHIDCHEM 2,000 12-May-05
156 ORIENTAL BANK OF COMMERCE ORIENTBANK 500 29-Aug-03
157 PANTALOON RETAIL (I) LTD. PANTALOONR 500 17-Sep-10 Re-introduced
158 PATEL ENGINEERING LTD. PATELENG 1,000 14-May-07
159 PATNI COMPUTER SYST LTD. PATNI 500 20-Apr-05
160 PETRONET LNG LIMITED PETRONET 2,000 14-May-07
161 POWER FIN CORP LTD. PFC 1,000 23-Feb-07
162 PIRAMAL HEALTHCARE LTD. PIRHEALTH 500 15-Feb-08 Re-introduced
163 PUNJAB NATIONAL BANK PNB 250 29-Aug-03
164 POLARIS SOFTWARE LAB LTD. POLARIS 2,000 31-Jan-03
165 POWER GRID CORP. LTD. POWERGRID 2,000 5-Oct-07
166 PRAJ INDUSTRIES LTD. PRAJIND 4,000 29-Dec-06
167 PTC INDIA LIMITED PTC 2,000 21-Aug-08
168 PUNJ LLOYD LIMITED PUNJLLOYD 2,000 6-Jan-06
169 RANBAXY LABS LTD. RANBAXY 500 2-Jul-01
170 RELIANCE COMMUNICATIONS L RCOM 2,000 15-Sep-06
171 RURAL ELEC CORP. LTD. RECLTD 1,000 12-Mar-08
172 RELIANCE CAPITAL LTD. RELCAPITAL 500 20-Apr-05
173 RELIANCE INDUSTRIES LTD. RELIANCE 250 2-Jul-01
174 RELIANCE INFRASTRUCTURE LTD. RELINFRA 250 12-Mar-04 Re-introduced
175 RELIANCE MEDIAWORKS LTD. RELMEDIA 1,000 31-Jul-09 Re-introduced
176 SHREE RENUKA SUGARS LTD. RENUKA 4,000 29-Dec-06
177 ROLTA INDIA LTD. ROLTA 2,000 14-May-07
178 RELIANCE POWER LTD. RPOWER 2,000 11-Feb-08
179 RUCHI SOYA INDUSTRIES LTD. RUCHISOYA 2,000 28-May-10
180 STEEL AUTHORITY OF INDIA SAIL 1,000 15-Sep-06
181 STATE BANK OF INDIA SBIN 125 2-Jul-01
182 SHIPPING CORP OF INDIA LTD. SCI 2,000 31-Jan-03
183 SESA GOA LTD. SESAGOA 1,000 29-Dec-06
184 SIEMENS LTD. SIEMENS 500 20-Apr-05
185 SINTEX INDUSTRIES LTD. SINTEX 2,000 21-Aug-08
186 S KUMARS NATIONWIDE LTD. SKUMARSYNF 4,000 23-Apr-08 Re-introduced
187 SOBHA DEVELOPERS LTD. SOBHA 1,000 28-May-10 Re-introduced
188 SREI INFRASTRUCTURE FINANCE SREINFRA 3,600 29-Oct-10 Re-introduced
Contd...
Contd...
81
Security Symbol Market Lot Launch Date Remarks
189 SHRIRAM TRANSPORT FIN CO. SRTRANSFIN 500 30-Jul-10
190 STERLITE INDS (IND) LTD. STER 2,000 20-Apr-05
191 STERLING BIOTECH LTD. STERLINBIO 2,000 14-May-07
192 STERLITE TECHNOLOGIES LTD. STRTECH 4,000 29-Oct-10 Re-introduced
193 SUN PHARMACEUTICALS IND. SUNPHARMA 625 20-Apr-05
194 SUN TV NETWORK LIMITED SUNTV 500 24-Apr-06
195 SUZLON ENERGY LIMITED SUZLON 4,000 19-Oct-05
196 SYNDICATE BANK SYNDIBANK 2,000 26-Sep-03
197 TATA CHEMICALS LTD. TATACHEM 500 20-Apr-05
198 TATA COMMUNICATIONS LTD. TATACOMM 1,000 20-Apr-05 Re-introduced
199 TATA GLOBAL BEVERAGES LTD. TATAGLOBAL 2,000 2-Jul-01
200 TATA MOTORS LIMITED TATAMOTORS 250 2-Jul-01
201 TATA MOTORS DVR ‘A’ ORD TATAMTRDVR 250 29-Oct-10
202 TATA POWER CO LTD. TATAPOWER 250 2-Jul-01
203 TATA STEEL LIMITED TATASTEEL 500 2-Jul-01
204 TATA CONSULTANCY SERV LTD. TCS 250 25-Aug-04
205 TECH MAHINDRA LIMITED TECHM 500 6-Sep-07
206 TITAN INDUSTRIES LTD. TITAN 125 12-May-05
207 TRIVENI ENGG. & INDS. LTD. TRIVENI 2,000 29-Dec-06
208 TATA TELESERV(MAHARASTRA) TTML 9,000 29-Dec-06
209 TULIP TELECOM LIMITED TULIP 2,000 6-Sep-07
210 TV18 INDIA LIMITED TV-18 4,000 21-Aug-08
211 TVS MOTOR COMPANY LTD. TVSMOTOR 4,000 29-Oct-10 Re-introduced
212 UCO BANK UCOBANK 2,000 21-Aug-08
213 ULTRATECH CEMENT LIMITED ULTRACEMCO 250 29-Dec-06
214 UNION BANK OF INDIA UNIONBANK 1,000 29-Aug-03
215 UNITED PHOSPHORUS LIMITED UNIPHOS 2,000 14-May-07
216 UNITECH LTD. UNITECH 4,000 14-May-07
217 VIDEOCON INDUSTRIES LIMITED VIDEOIND 1,000 19-Feb-10
218 VIJAYA BANK VIJAYABANK 4,000 20-Apr-05
219 VOLTAS LTD. VOLTAS 1,000 29-Dec-06
220 WELSPUN CORP LIMITED WELCORP 1,000 6-Sep-07
221 WIPRO LTD. WIPRO 500 31-Jan-03
222 YES BANK LIMITED YESBANK 1,000 6-Sep-07
223 ZEE ENTERTAINMENT ENT LTD. ZEEL 2,000 7-Oct-10 Re-introduced
Contd...
82
Table 6-6: Participant wise Trading Value in the F&O Segment (2010-11)
Month/Year
Institutional investors Retail Proprietary
Gross Traded Value % to GrossTurn-over
Gross Traded Value % to GrossTurn-over
Gross Traded Value % to GrossTurn-over(` cr.) (US $ mn.) (` cr.) (US $ mn.) (` cr.) (US $ mn.)
2007-08 3,256,034 814,619 12.44 16,485,724 4,124,524 62.97 6,439,196 1,611,007 24.59
2008-09 2,944,454 577,911 13.37 12,250,029 2,404,324 55.63 6,826,484 1,339,840 31.00
Apr-09 297,985 66,014 13.03 1,245,056 275,821 54.45 743,685 164,751 32.52
May-09 345,864 76,620 14.09 1,309,580 290,115 53.35 799,060 177,018 32.55
Jun-09 391,422 86,713 12.78 1,636,840 362,614 53.42 1,035,699 229,442 33.8
Jul-09 449,782 99,642 14.29 1,628,417 360,748 51.74 1,068,819 236,779 33.96
Aug-09 418,249 92,656 14.19 1,625,127 360,019 55.14 903,915 200,247 30.67
Sep-09 405,221 89,770 14.59 1,519,726 336,669 54.73 851,809 188,704 30.68
Oct-09 415,738 92,100 13.76 1,665,165 368,889 55.12 939,932 208,226 31.11
Nov-09 444,197 98,404 13.36 1,833,992 406,290 55.18 1,045,442 231,600 31.45
Dec-09 370,730 82,129 12.16 1,660,586 367,875 54.45 1,018,649 225,664 33.4
Jan-10 434,120 96,172 14.56 1,619,619 358,799 54.34 926,855 205,329 31.1
Feb-10 411,091 91,070 13.10 1,791,672 396,914 57.06 936,989 207,574 29.84
Mar-10 388,516 86,069 12.39 1,843,186 408,327 58.77 904,593 200,397 28.84
2009-10 4,772,915 1,057,358 13.51 19,378,966 4,293,081 54.86 11,175,447 2,475,730 31.63
Apr-10 424,873 95,156 12.71 1,822,859 408,255 54.52 1,095,508 245,355 32.77
May-10 624,790 139,931 14.70 2,138,386 478,922 50.33 1,485,815 332,769 34.97
Jun-10 559,492 125,306 13.74 2,077,989 465,395 51.04 1,433,718 321,101 35.22
Jul-10 504,995 113,101 13.80 1,877,529 420,499 51.3 1,277,296 286,069 34.9
Aug-10 572,151 128,141 13.93 2,109,255 472,398 51.35 1,426,050 319,384 34.72
Sep-10 660,993 148,039 12.08 2,781,964 623,060 50.83 2,029,827 454,609 37.09
Oct-10 636,181 142,482 11.26 2,871,131 643,030 50.83 2,141,674 479,658 37.91
Nov-10 766,117 171,583 12.92 2,864,322 641,505 48.29 2,301,253 515,398 38.8
Dec-10 550,826 123,365 11.68 2,299,762 515,064 48.78 1,863,630 417,386 39.54
Jan-11 715,846 160,324 12.59 2,619,239 586,616 46.08 2,348,583 525,998 41.33
Feb-11 735,189 164,656 12.55 2,621,110 587,035 44.74 2,502,290 560,423 42.71
Mar-11 672,242 150,558 11.68 2,678,890 599,975 46.54 2,404,669 538,560 41.78
2010-11 7,423,695 1,662,642 12.69 28,762,436 6,441,755 49.17 22,310,313 4,996,711 38.14
83
Table 6-7: Number of members in different turnover brackets in Futures and Options Segment
Upto ` 10 crores
` 10 crores upto ` 50
crores
` 50 crores upto ` 250
crores
` 250 crores upto `500
crores
` 500 crores upto `1000
crores
` 1000 crores and
more
2007-08 12 13 45 37 54 691
2008-09 21 28 81 65 91 661
Apr-09 73 107 242 119 92 285
May-09 63 93 232 122 119 297
Jun-09 58 81 204 115 134 343
Jul-09 55 85 229 115 115 343
Aug-09 61 96 224 118 119 333
Sep-09 53 108 234 118 120 319
Oct-09 53 98 241 96 123 344
Nov-09 56 96 221 116 123 350
Dec-09 64 100 229 110 121 341
Jan-10 66 103 227 103 133 344
Feb-10 68 101 224 118 117 349
Mar-10 68 108 201 105 131 366
2009-10 19 38 68 48 67 780
Apr-10 63 109 226 118 121 346
May-10 60 101 208 123 118 380
Jun-10 68 107 207 122 119 380
Jul-10 69 107 221 120 118 367
Aug-10 62 110 212 121 128 384
Sep-10 60 100 193 122 133 419
Oct-10 57 99 185 116 130 441
Nov-10 57 111 170 135 125 435
Dec-10 69 119 208 111 124 406
Jan-11 53 125 201 118 120 421
Feb-11 63 112 198 111 134 419
Mar-11 73 120 183 127 123 421
2010-11 17 22 82 57 59 844
84
Table 6-8: Number of members in different turnover brackets in Futures and Options Segment
Month Futures Segment Options Segment
Number of Members Number of MembersUpto ` 10
crores
` 10 crores upto ` 50
crores
` 50 crores upto ` 250 crores
` 250 crores upto ` 500 crores
` 500 crores upto
` 1000 crores
` 1000 crores
and more
Upto ` 10
crores
` 10 crores upto ` 50
crores
` 50 crores upto ` 250 crores
` 250 crores upto ` 500 crores
` 500 crores upto
` 1000 crores
` 1000 crores
and more
2007-08 13 14 50 42 57 676 98 96 176 96 91 295
2008-09 29 36 95 70 104 613 111 99 162 103 90 382
Apr-09 94 130 259 122 91 222 282 180 206 59 62 129
May-09 84 113 241 137 113 238 283 202 196 64 59 122
Jun-09 75 102 223 114 133 288 260 194 203 82 56 140
Jul-09 77 108 246 123 114 274 229 184 211 87 71 160
Aug-09 84 119 242 131 106 269 255 180 207 91 70 148
Sep-09 77 128 247 138 105 257 251 192 215 82 65 147
Oct-09 78 128 245 112 124 268 248 191 211 78 63 164
Nov-09 74 133 251 117 119 268 244 168 214 94 70 172
Dec-09 89 131 253 119 117 256 249 178 205 84 74 175
Jan-10 93 142 233 136 110 262 248 174 219 88 75 172
Feb-10 102 130 258 121 122 244 223 188 204 89 72 201
Mar-10 88 139 246 143 115 248 245 157 191 92 74 220
2009-10 28 41 93 55 88 715 96 85 146 88 94 511
Apr-10 89 138 274 121 121 240 242 175 206 81 75 204
May-10 87 136 262 121 125 259 223 144 220 93 80 230
Jun-10 98 126 264 132 123 260 229 159 207 91 96 221
Jul-10 102 134 269 127 122 248 222 172 205 90 103 210
Aug-10 96 139 265 129 132 256 212 181 217 88 96 223
Sep-10 93 134 259 127 132 282 203 147 211 95 101 270
Oct-10 83 140 235 135 137 298 206 139 217 98 90 278
Nov-10 88 146 238 130 146 285 210 136 227 82 102 276
Dec-10 104 156 264 135 114 264 216 154 214 91 96 266
Jan-11 80 174 268 134 121 261 207 148 205 91 106 281
Feb-11 103 158 271 138 116 251 199 143 201 91 100 303
Mar-11 114 155 272 147 114 245 215 127 188 108 100 309
2010-11 26 32 118 69 83 753 83 71 108 77 84 658
85
Table 6-9: Segment wise Contribution of Top ‘N’ Members to turnover on Futures and Options segment
(in percent)
Month Futures Segment Options Segment
Top 5 Members
Top 10 Members
Top 15 Members
Top 25 Members
Top 5 Members
Top 10 Members
Top 15 Members
Top 25 Members
2005-06 12 20 26 36 23 36 45 55
2006-07 14 22 28 38 23 36 46 58
2007-08 14 23 29 39 23 34 43 56
2008-09 17 25 31 41 18 31 40 54
Apr-09 16 24 31 42 25 37 45 59
May-09 16 25 31 41 25 36 45 58
Jun-09 16 23 30 40 26 36 45 59
Jul-09 15 22 28 38 26 36 44 57
Aug-09 14 22 29 39 26 37 45 59
Sep-09 15 22 29 39 26 37 45 57
Oct-09 15 22 28 38 27 38 45 56
Nov-09 14 22 28 38 26 37 45 56
Dec-09 15 22 29 39 25 34 42 54
Jan-10 14 22 28 38 24 33 40 52
Feb-10 14 21 28 38 24 33 40 51
Mar-10 14 22 28 37 23 32 39 50
2009-10 15 22 28 38 25 32 42 54
Apr-10 14 22 29 39 24 35 42 54
May-10 14 23 30 40 26 35 42 54
Jun-10 14 23 30 39 25 35 43 55
Jul-10 14 23 30 40 24 33 42 54
Aug-10 15 24 30 40 24 34 42 53
Sep-10 15 24 30 40 25 36 44 56
Oct-10 14 22 29 39 25 36 44 56
Nov-10 13 22 29 39 28 39 47 58
Dec-10 13 22 29 39 28 38 45 55
Jan-11 13 22 29 39 27 37 45 55
Feb-11 13 21 29 40 27 38 46 55
Mar-11 13 21 29 39 25 37 44 54
2010-11 14 22 29 39 26 35 42 53
86
Table 6-10: Top 20 Futures contracts according to number of contracts 2010-11
S.No. Name of the Contract Number of Contracts
Turnover(` cr.)
Percentage of contracts to Top
20 contracts
1 NIFTY March 2011 13,544,560 372,835.20 9.36
2 NIFTY May 2010 12,629,178 319,470.76 8.72
3 NIFTY September 2010 12,181,725 349,818.24 8.42
4 NIFTY February 2011 12,001,906 327,396.41 8.29
5 NIFTY June 2010 11,643,731 297,116.49 8.04
6 NIFTY December 2010 11,209,665 332,936.64 7.74
7 NIFTY October 2010 11,173,398 340,846.53 7.72
8 NIFTY July 2010 10,916,512 291,405.82 7.54
9 NIFTY November 2010 10,614,915 322,431.59 7.33
10 NIFTY January 2011 10,198,730 298,010.15 7.05
11 NIFTY August 2010 7,864,233 214,264.29 5.43
12 NIFTY April 2010 7,594,351 200,947.97 5.25
13 BANKNIFTY September 2010 1,782,982 51,689.81 1.23
14 BANKNIFTY March 2011 1,738,715 47,475.68 1.20
15 BANKNIFTY December 2010 1,734,728 50,790.94 1.20
16 MINIFTY March 2011 1,716,955 18,859.49 1.19
17 BANKNIFTY February 2011 1,597,943 42,538.89 1.10
18 NIFTY April 2011 1,582,346 45,036.59 1.09
19 BANKNIFTY January 2011 1,540,602 42,553.74 1.06
20 MINIFTY June 2010 1,494,103 15,187.26 1.03
TOTAL 144,761,278 3,981,612.49 100.00
Table 6-11: Top 20 Option contracts according to no.of contracts traded 2010-11
S.No. Name of the Contract Number of Contracts
Turnover(` cr.)
Percentage of contracts to Top
20 contracts
1 NIFTY February 2011 CE 5500 9,697,440 269,116.75 6.60
2 NIFTY February 2011 PE 5400 9,277,860 253,111.64 6.32
3 NIFTY December 2010 CE 6000 8,973,799 272,328.25 6.11
4 NIFTY March 2011 PE 5400 8,248,261 226,169.90 5.61
5 NIFTY March 2011 CE 5600 8,172,781 231,611.67 5.56
Contd...
Contd...
87
S.No. Name of the Contract Number of Contracts
Turnover(` cr.)
Percentage of contracts to Top
20 contracts
6 NIFTY March 2011 CE 5500 8,170,489 228,792.46 5.56
7 NIFTY January 2011 PE 5700 7,785,179 224,123.35 5.30
8 NIFTY July 2010 CE 5400 7,283,356 198,540.12 4.96
9 NIFTY October 2010 PE 6000 7,032,073 212,428.97 4.79
10 NIFTY February 2011 PE 5500 6,984,953 194,942.47 4.75
11 NIFTY February 2011 CE 5400 6,792,988 185,697.19 4.62
12 NIFTY February 2011 PE 5300 6,764,845 180,704.72 4.61
13 NIFTY October 2010 CE 6200 6,737,131 210,716.31 4.59
14 NIFTY October 2010 CE 6100 6,721,152 207,195.42 4.58
15 NIFTY December 2010 CE 6100 6,611,848 202,763.65 4.50
16 NIFTY March 2011 CE 5700 6,480,200 186,136.45 4.41
17 NIFTY October 2010 PE 6100 6,334,368 195,321.70 4.31
18 NIFTY February 2011 CE 5600 6,316,882 177,917.96 4.30
19 NIFTY November 2010 PE 5900 6,257,925 185,823.35 4.26
20 NIFTY September 2010 CE 6000 6,255,805 188,869.38 4.26
TOTAL 146,899,335 4,232,311.71 100.00
Table 6-12: Top 20 Option contracts according to no.of contracts traded 2010-11
S.No. Name of the Contract Number of Contracts
Turnover(` cr.)
Percentage of contracts to Top
20 contracts
1 NIFTY February 2011 CE 5500 9,697,440 269,116.75 6.60
2 NIFTY February 2011 PE 5400 9,277,860 253,111.64 6.32
3 NIFTY December 2010 CE 6000 8,973,799 272,328.25 6.11
4 NIFTY March 2011 PE 5400 8,248,261 226,169.90 5.61
5 NIFTY March 2011 CE 5600 8,172,781 231,611.67 5.56
6 NIFTY March 2011 CE 5500 8,170,489 228,792.46 5.56
7 NIFTY January 2011 PE 5700 7,785,179 224,123.35 5.30
8 NIFTY July 2010 CE 5400 7,283,356 198,540.12 4.96
9 NIFTY October 2010 PE 6000 7,032,073 212,428.97 4.79
10 NIFTY February 2011 PE 5500 6,984,953 194,942.47 4.75
11 NIFTY February 2011 CE 5400 6,792,988 185,697.19 4.62
Contd...
Contd...
88
S.No. Name of the Contract Number of Contracts
Turnover(` cr.)
Percentage of contracts to Top
20 contracts
12 NIFTY February 2011 PE 5300 6,764,845 180,704.72 4.61
13 NIFTY October 2010 CE 6200 6,737,131 210,716.31 4.59
14 NIFTY October 2010 CE 6100 6,721,152 207,195.42 4.58
15 NIFTY December 2010 CE 6100 6,611,848 202,763.65 4.50
16 NIFTY March 2011 CE 5700 6,480,200 186,136.45 4.41
17 NIFTY October 2010 PE 6100 6,334,368 195,321.70 4.31
18 NIFTY February 2011 CE 5600 6,316,882 177,917.96 4.30
19 NIFTY November 2010 PE 5900 6,257,925 185,823.35 4.26
20 NIFTY September 2010 CE 6000 6,255,805 188,869.38 4.26
TOTAL 146,899,335 4,232,311.71 100.00
Table 6-13: Number of trades in the Futures & Options Segment
Month/Year Index Futures Stock Futures Index Options Stock Options Total
2007-08 30,897,058 153,187,768 10,370,483 7,767,865 202,223,174
2008-09 58,898,232 153,256,283 43,740,142 9,331,300 265,225,957
Apr-09 5,649,871 8,597,278 5,190,117 675,735 20,113,001
May-09 5,060,456 8,426,655 4,522,973 556,564 18,566,648
Jun-09 4,973,415 9,869,779 5,620,651 758,811 21,222,656
Jul-09 5,718,277 12,707,974 7,059,595 1,012,373 26,498,219
Aug-09 5,564,804 10,828,499 6,884,745 879,903 24,157,951
Sep-09 4,352,169 10,694,165 6,728,710 1,008,393 22,783,437
Oct-09 4,509,316 11,348,231 6,354,351 1,121,540 23,333,438
Nov-09 5,093,232 10,775,226 7,914,266 1,092,392 24,875,116
Dec-09 4,832,800 9,233,972 6,759,250 1,069,940 21,895,962
Jan-10 3,838,625 10,207,739 5,917,021 1,164,875 21,128,260
Feb-10 4,621,592 8,587,808 7,174,462 1,002,358 21,386,220
Mar-10 3,349,892 8,885,707 6,823,851 1,151,828 20,211,278
2009-10 57,564,449 120,163,033 76,949,992 11,494,712 266,172,186
Apr-10 3,550,368 9,078,946 7,835,860 1,587,080 22,052,254
May-10 5,446,889 11,017,825 11,379,904 1,929,153 29,773,771
Jun-10 5,158,970 11,311,895 10,688,299 1,844,111 29,003,275
Jul-10 3,882,242 11,328,421 7,831,418 1,930,386 24,972,467
Aug-10 3,670,865 12,589,080 8,999,685 2,413,112 27,672,742
Sep-10 4,214,293 13,577,930 12,000,679 2,618,849 32,411,751
Contd...
Contd...
89
Month/Year Index Futures Stock Futures Index Options Stock Options Total
Oct-10 4,228,444 14,122,383 12,155,129 2,438,497 32,944,453
Nov-10 4,513,830 14,051,588 13,678,879 2,394,422 34,638,719
Dec-10 3,872,582 11,900,303 11,978,070 2,239,156 29,990,111
Jan-11 4,744,957 11,374,019 14,811,312 2,186,574 33,116,862
Feb-11 5,283,447 12,327,123 17,435,980 2,372,075 37,418,625
Mar-11 5,532,819 10,876,578 18,355,309 1,970,210 36,734,916
2010-11 54,099,706 143,556,091 147,150,524 25,923,625 370,729,946
Table 6-14: Settlement Statistics in F&O Segment
Month/Year Index/Stock Futures Index/Stock Options TotalMTM
SettlementFinal
SettlementPremium
SettlementExercise
Settlement(` cr.) (` cr.) (` cr.) (` cr.) (` cr.) (US $ mn.)
2000-01 84.08 1.93 -- -- 86.01 18.44
2001-02 505.25 21.93 164.76 93.95 785.88 161.04
2002-03 1,737.90 45.76 331.21 195.88 2,310.76 486.47
2003-04 10,821.98 138.95 858.94 476.12 12,295.98 2833.83
2004-05 13,024.18 227.50 941.06 455.87 14,648.62 3348.25
2005-06 25,585.51 597.89 1,520.58 817.84 28,521.80 6393.59
2006-07 61,313.70 797.54 3,194.38 1,188.84 66,494.47 15254.52
2007-08 144,654.70 1,312.12 6,760.17 3,792.26 156,519.23 39,227.88
2008-09 75,193.60 1,498.29 10,960.50 4,187.58 91,839.97 18,025.51
Apr-09 4,855.50 273.61 944.53 494.81 6,568.45 1,455.13
May-09 7,817.80 141.21 1,289.20 1,068.90 10,317.11 2,285.58
Jun-09 6,960.70 157.54 915.78 572.96 8,606.97 1,906.73
Jul-09 6,108.80 108.56 1,065.90 217.81 7,501.07 1,661.73
Aug-09 5,022.40 36.94 894.05 124.88 6,078.27 1,346.54
Sep-09 3,243.30 65.76 848.17 214.06 4,371.29 968.39
Oct-09 4,705.90 180.26 696.71 140.63 5,723.51 1,267.95
Nov-09 5,312.90 148.63 870.25 173.88 6,505.65 1,441.22
Dec-09 3,955.10 58.57 954.82 332.57 5,301.06 1,174.36
Jan-10 4,759.00 107.57 762.19 188.94 5,817.70 1,288.81
Feb-10 5,140.00 45.83 798.36 133.03 6,117.23 1,355.17
Mar-10 2,774.30 70.79 971.08 218.30 4,034.47 893.77
2009-10 60,655.70 1,395.27 11,011.04 3,880.77 76,942.78 17,045.37
Apr-10 3,295.10 83.05 794.96 105.02 4,278.13 958
May-10 7,062.30 203.46 1,037.30 152.05 8,455.10 1,894
Contd...
Contd...
90
Month/Year Index/Stock Futures Index/Stock Options TotalMTM
SettlementFinal
SettlementPremium
SettlementExercise
Settlement(` cr.) (` cr.) (` cr.) (` cr.) (` cr.) (US $ mn.)
Jun-10 5,116.60 47.70 944.81 200.51 6,309.61 1,413
Jul-10 3,381.50 56.91 795.88 132.91 4,367.19 978
Aug-10 3,466.40 49.21 932.30 127.23 4,575.14 1,025
Sep-10 4,175.40 105.00 1,623.10 314.46 6,217.96 1,393
Oct-10 6,684.60 181.99 1,123.70 162.82 8,153.11 1,826
Nov-10 10,170.00 191.04 1,052.90 183.16 11,597.10 2,597
Dec-10 7,242.40 77.04 1,011.80 223.71 8,554.95 1,916
Jan-11 6,458.00 160.13 1,074.20 165.35 7,857.69 1,760
Feb-11 6,202.90 359.05 1,247.00 151.72 7,960.66 1,783
Mar-11 4,032.70 76.04 1,065.50 199.97 5,374.22 1,204
2010-11 67,287.90 1,590.62 12,703.44 2,118.90 83,700.86 18,746
Table 6-15: NSE Transaction Charges in F&O Segment of Exchange*
Total Traded Value in a month Revised Transaction Charges (` per lakh of Traded Value)
Up to First ` 2500 crores ` 1.90 each side
More than ` 2500 crores up to ` 7500 crores (on incremental volume)
` 1.85 each side
More than ` 7500 crores up to ` 15000 crores (on incremental volume)
` 1.80 each side
Exceeding ` 15000 crores (on incremental volume) ` 1.75 each side
*w.e.f October 2009Note: The transaction charges payable to the Exchange by the trading member for the trades executed by him on the Futures Segment as per the above rates subject to a minimum of ` 1,00,000 per year.For transaction in the options sub-segment, the transaction charges are levied on the premium value at the rate of 0.05% (each side).
Table 6-16 Securities Transaction Charges for F&O Segment*
Taxable securities transaction Rate (%) Taxable Value Payable by
Sale of an option in securities 0.017 Option Premium Seller
Sale of an option in securities, where option is exercised
0.125 Settlement Price Purchaser
Sale of a futures in securities 0.017 Price at which such Seller “Futures” is traded
Seller
*w.e.f June 1, 2008
Contd...
Currency DerivativesSegment 7
92
93
7Currency Derivatives Segment
Table 7-1: Business Growth of Currency Futures Segment at NSE
Month/ Year
No. of
trad-ing
days
No. of Con-tracts Traded
Trading Value(` cr.)
Trading Value(US $ mn.)
Average Daily
Trading Value(` cr.)
Average Daily
Trading Value(US $ mn.)
Open Interest
No. of Contracts
Trading Value(` cr.)
Trading Value(US $ mn.)
2008-09 139 32,672,768 162,272 31,849 1,167 229.05 257,554 1,313 257.70
Apr-09 16 7,851,502 39,386 8,725 2,462 545.41 206,620 1,039 230.17
May-09 20 13,682,468 66,431 14,717 3,322 735.93 318,203 1,504 333.19
Jun-09 22 15,724,507 75,363 16,695 3,426 758.97 267,400 1,285 284.67
Jul-09 23 19,888,011 96,523 21,383 4,197 929.77 318,298 1,531 339.17
Aug-09 20 18,672,623 90,396 20,026 4,520 1001.33 394,756 1,933 428.22
Sep-09 19 22,251,896 107,789 23,879 5,673 1256.76 360,603 1,739 385.25
Oct-09 20 32,267,958 150,843 33,417 7,542 1670.80 447,812 2,109 467.21
Nov-09 20 33,794,926 157,554 34,903 7,878 1745.24 493,018 2,297 508.86
Dec-09 21 41,004,341 191,415 42,405 9,115 2019.27 406,200 1,896 420.03
Jan-10 20 60,223,714 276,742 61,307 13,837 3065.35 615,612 2,852 631.81
Feb-10 19 52,112,185 246,875 54,691 12,993 2878.38 637,465 2,976 659.28
Mar-10 20 61,132,852 283,292 62,759 14,165 3138.02 427,873 1,964 435.09
2009-10 240 378,606,983 1,782,608 394,907 7,428 1645.55 427,873 1,964 435.09
Apr-10 19 77,085,167 345,932 77,476 18,207 4077.71 591,253 2,679 599.92
May-10 20 77,744,870 359,680 80,555 17,984 4027.77 788,154 3,702 829.21
Jun-10 22 69,837,533 327,382 73,322 14,881 3332.82 977,138 4,600 1030.31
Jul-10 22 44,924,854 213,353 47,784 9,698 2171.98 858,180 4,057 908.59
Aug-10 21 42,639,638 201,239 45,070 9,583 2146.21 944,422 4,514 1011.05
Sep-10 20 61,586,474 284,704 63,764 14,235 3188.18 842,910 3,876 868.01
Oct-10 21 68,099,263 305,597 68,443 14,522 3244.53 1,018,752 4,645 1040.32
Nov-10 21 58,303,944 266,332 59,649 12,682 2840.42 1,461,861 6,828 1529.26
Dec-10 22 51,935,953 237,564 53,206 10,798 2418.45 1,436,849 6,540 1464.82
Jan-11 20 59,571,331 274,833 61,553 13,742 3077.63 1,917,266 9,000 2015.62
Feb-11 19 55,228,606 254,654 57,033 13,403 3001.75 2,285,522 10,540 2360.66
Mar-11 22 82,644,442 378,517 84,774 17,205 3853.38 3,020,562 13,690 3065.99
2010-11 249 749,602,075 3,449,788 772,629 13,855 3313.60 3,020,562 13,690 3065.99Note : Trading in Currency Futures at NSE commenced on August 29, 2008. Currency Options were introduced w.e.f October 29, 2010 Open Interest is for end of the period
94
Table 7-2: Records Achieved in the Currency Futures & Options
Records (from the date of inception till 31 March 2011)
Particulars Date Number/Value
Record number of trades 24-Mar-11 90,563
Record number of contracts 24-Mar-11 5,601,637
Record daily turnover (` cr.) 24-Mar-11 25,532
Table 7-3: Top 5 Currency Futures & Options Contracts on the basis of Turnover for the F.Y 2010-2011
Rank Contract Name Total Traded Quantity
Total Traded Value (` cr.)
Total Traded Value (%) to
Currency Futures Total Traded Value
Instrument Type Contract Symbol
Expiry
1 FUTCUR USDINR 28-Jun-10 72,336,036 337,765.48 9.79
2 FUTCUR USDINR 27-May-10 72,252,976 328,323.13 9.52
3 FUTCUR USDINR 27-Oct-10 70,196,230 313,957.45 9.10
4 FUTCUR USDINR 28-Apr-10 63,797,022 284,050.82 8.23
5 FUTCUR USDINR 29-Mar-11 60,838,476 275,204.06 7.98
Table 7-4: Settlement Statistics of Currency Futures at NSE
Month/Year MTM Settlement Final Settlement
(` cr.) (US $ mn.) (` cr.) (US $ mn.)
Apr-10 75 1.68 4 0.09
May-10 304 6.80 12 0.28
Jun-10 234 5.24 5 0.11
Jul-10 187 4.19 3 0.07
Aug-10 114 2.54 0 0.01
Sep-10 174 3.89 8 0.17
Oct-10 205 4.59 5 0.10
Nov-10 210 4.70 15 0.34
Dec-10 272 6.09 11 0.25
Jan-11 171 3.83 8 0.18
Contd...
95
Month/Year MTM Settlement Final Settlement
(` cr.) (US $ mn.) (` cr.) (US $ mn.)
Feb-11 228 5.10 10 0.22
Mar-11 238 5.33 9 0.20
2010-11 2411 54 90 2
Table 7-5: Business Growth of Interest Rate Futures
Month/ Year
No. of trading
days
No. of Contracts
Traded
Trading Value(` cr.)
Trading Value
(US $ mn.)
Average Daily
Trading Value(` cr.)
Average Daily
Trading Value
(US $ mn.)
Open Interest at the end of
No. of Con-tracts
Trading Value(` cr.)
Trading Value
(US $ mn.)Aug-09 1 14559 267.31 59.22 267.31 59.22 1,893 34.66 7.68
Sep-09 19 79,648 1,473.37 326.40 77.55 17.18 4,952 92.28 20.44
Oct-09 20 21,198 394.09 87.30 19.71 4.37 6,128 113.57 25.16
Nov-09 20 18,134 337 74.66 16.84 3.73 6,600 124 27.47
Dec-09 21 11,687 215.32 47.70 10.25 2.27 2,305 42.22 9.35
Jan-10 20 6443 118.82 26.32 5.94 1.32 2,576 47.77 10.58
Feb-10 19 3,124 57.415 12.72 3.02 0.67 3,547 64.92 14.38
Mar-10 20 6,101 111.38 24.67 5.57 1.23 758 14.15 3.13
2009-10 140 160,894 2,975.00 659.06 21.25 4.71 758 14.15 3.13
Apr-10 19 407 7.44 1.67 0.39 0.09 838 15.48 0.35
May-10 20 1,177 21.62 4.84 0.02 0.00 1,004 18.91 0.42
Jun-10 22 917 17.16 3.84 0.78 0.17 63 1.18 0.03
Jul-10 22 205 3.80 0.85 0.17 0.04 63 1.17 0.03
Aug-10 21 26 0.49 0.11 0.02 0.01 62 1.15 0.03
Sep-10 20 79 1.47 0.33 0.07 0.02 0 - -
Oct-10 21 24 0.44 0.10 0.02 0.00 6 0.11 0.00
Nov-10 21 29 0.54 0.12 0.03 0.01 2 0.04 0.00
Dec-10 22 442 8.16 1.83 0.37 0.08 1 0.02 0.00
Jan-11 20 17 0.31 0.07 0.02 0.00 4 0.07 0.00
Feb-11 19 11 0.20 0.05 0.01 0.00 2 0.04 0.00
Mar-11 22 14 0.26 0.06 0.01 0.00 1 0.02 0.00
2010-11 249 3,348 61.90 13.86 0.25 0.06 1 0.02 0.00
Note: Trading in Interest Rate Futures on Currency Derivatives Segment was introduced on August 31,2009
Contd...
96
Table 7-6: Records Achieved in the Interest Rate Futures
Records (From the date of inception till 31 March 2011)
Particulars Date Number/Value
Record number of trades 31-Aug-09 1,475
Record number of contracts 31-Aug-09 14,559
Record daily turnover (` cr.) 31-Aug-09 267
Table 7-7: Top 5 IRD Contracts on the basis of Turnover for the F.Y. 2010-2011
Rank Contract Name Total Traded
Quantity
Total Traded Value (` cr.)
Total Traded Value (%) to Interest Rate Futures Total Traded Value
Instrument Type Contract Symbol Expiry
1 FUTIRD 10YGS7 21-Jun-10 2418 44.689 72.19
2 FUTIRD 10YGS7 29-Dec-10 499 9.218 14.89
3 FUTIRD 10YGS7 27-Sep-10 388 7.203 11.64
4 FUTIRD 10YGS7 29-Mar-11 42 0.775 1.25
5 FUTIRD 10YGS7 28-Jun-11 1 0.018 0.03
Table 7-8: Settlement Statistics in Interest Rate Futures Segment at NSE
Month/Year MTM Settlement Final Settlement
(` cr.) (US $ mn.) (` cr.) (US $ mn.)
2009-10 27.82 3.13 109.66 24.55
Apr-10 1.00 0.02 0.00 0.00
May-10 1.00 0.02 0.00 0.00
Jun-10 0.00 0.01 12.00 0.28
Jul-10 0.00 0.00 0.00 0.00
Aug-10 0.00 0.00 0.00 0.00
Sep-10 0.00 0.00 0.00 0.00
Oct-10 0.00 0.00 0.00 0.00
Nov-10 0.00 0.00 0.00 0.00
Dec-10 0.00 0.00 0.00 0.00
Jan-11 0.00 0.00 0.00 0.00
Feb-11 0.00 0.00 0.00 0.00
Mar-11 0.00 0.00 0.00 0.00
2010-11 2.17 0.00 13 0.00
Interest Rate Futures trading started on August 31, 2009.
Investor Services,Arbitration 8
98
99
8Investor Services, Arbitration
Table 8-1: Receipt and Disposal of Investor Grievance
Year Against Members Against CompaniesPending at the
beginning
Received Disposed Pending at the end
Pending at the
beginning
Received Disposed Pending at the end
1994-95 0 0 0 0 0 2 0 2
1995-96 0 56 13 43 2 39 17 24
1996-97 43 320 72 291 24 415 102 337
1997-98 291 259 439 111 337 576 716 197
1998-99 111 383 347 147 197 592 380 409
1999-00 147 197 298 46 409 808 842 375
2000-01 46 263 201 108 375 1,095 1,111 359
2001-02 108 789 710 187 359 607 667 299
2002-03 187 345 418 114 299 587 626 260
2003-04 114 282 253 143 260 527 558 229
2004-05 143 435 409 169 229 1,304 1,128 405
2005-06 169 1,128 1,051 246 405 1,023 1,200 228
2006-07 246 1,367 1,460 153 228 774 769 233
2007-08 153 1,915 1,101 967 233 964 888 309
2008-09 967 5,191 5,020 1,138 309 734 983 60
2009-10 1,138 5,892 6,226 804 60 881 772 169
2010-11 804 6,610 6,253 1,161 169 1,418 1,157 430
Table 8-2: Status Report of Arbitration Matters
Year No. of Cases Received
Withdrawn Awards Pending
1998 164 2 162 0
1999 CM 153 5 148 0
1999 WDM 2 1 1 0
2000 CM 149 6 143 0
2000 WDM 1 0 1 0
2001 CM 342 19 323 0
2001 WDM 0 0 0 0
Contd...
100
Contd...
Year No. of Cases Received
Withdrawn Awards Pending
2001 F&O 1 0 1 0
2002 CM 275 7 268 0
2002 WDM 0 0 0 0
2002 F&O 5 0 5 0
2003 CM 136 4 132 0
2003 WDM 0 0 0 0
2003 F&O 17 0 17 0
2004 CM 119 6 113 0
2004 WDM 0 0 0 0
2004 F&O 42 3 39 0
2005 CM 138 3 135 0
2005 WDM 0 0 0 0
2005 F&O 66 0 66 0
2006 CM 224 5 219 0
2006 WDM 0 0 0 0
2006 F&O 191 8 183 0
2006 CO 1 0 1 0
2007 CM 275 9 266 0
2007 F&O 221 3 218 0
2008 CM upto March 2008 61 1 60 0
2008 F&O upto March 2008 116 1 115 0
2008-09 CM 758 21 737 0
2008-09 F&O 2,433 98 2335 0
2009-10 CM 517 52 465 0
2009-10 F&O 502 43 459 0
2010-11 CM 483 9 357 117
2010-11 F&O 481 6 323 152
Total 7,873 312 7,292 269
Knowledge Initiative 9
102
103
9Knowledge Initiative
Contd...
Table 9-1: Studies under the NSE Research Initiative
SL. No. Title of Study
Completed Papers
1 Econometric Estimation of Systematic Risk of S&P CNX Nifty Constituents
2 Stock Market Development and its Impact on the Financing Pattern of the Indian Corporate Sector
3 Effi ciency of the Market for Small Stocks
4 Determinants of Financial Performance of Indian Corporate Sector in the Post-Liberalization Era: An Exploratory Study
5 Should pension funds invest in equities? An analysis of risk-return tradeoff and asset allocation decisions
6 Changes in liquidity following exposure to foreign shareholders: The effect of foreign listings, inclusion in country funds and issues of American Depositary Receipts
7 Is the Spread Between E/P Ratio and Interest Rate Informative for Future Movement of Indian Stock Market?
8 Merger Announcements and Insider Trading Activity in India: An Empirical Investigation
9 Achieving an Individual Investor Friendly System using the power of the Internet
10 Improved Techniques for using Monte Carlo in VaR estimation
11 Short selling and its Regulation in India in International Perspective
12 Empirical investigation of multi-factor asset pricing models using Artifi cial Neural Network
13 Idiosyncratic Factors in Pricing Sovereign Bonds: An Analysis of the Government of India Bond Market
14 The Extreme Value Volatility Estimators and Their Empirical Performance in Indian Capital Markets
15 Equity Market Interlinkages: Transmission of Volatility - A Case Of US and India
16 Institutional Investors and Corporate Governance in India
17 Dividend policy of Indian Corporate Firms : An Analysis of Trends & Determinants
18 Market Microstructure Effects of Transparency of Indian Banks
19 Futures Trading, Information and Spot Price Volatility of NSE-50 Index Futures Contract
20 Measuring productive effi ciency of stock exchanges using price adjustment coeffi cients
21 Do Futures and Options trading increase stock market volatility?
22 Section switching stock market price effect in the Indian capital market and the policy implications thereof
23 Study of Common Stochastic Trend and Co-integration in the Emerging Markets - A case study India, Singapore and Taiwan
24 Market Discipline in the Indian Banking Sector: An Empirical Exploration
25 Conditional CAPM and Cross sectional returns - A study on Indian Securities Market
26 Evaluating index fund implementation in India
27 Measuring Volumes in the Indian Financial Markets Some Terminological and Conceptual Issues
104
Contd...
SL. No. Title of Study
28 Corporate Social Responsibility Initiatives by NSE NIFTY Companies - Content, Implementation Strategies & Impact.
29 Measures for Improving Common Investor Confi dence in Indian Primary Market : A Survey
30 Informational Content of Trading Volume And Open Interest – An Empirical Study of Stock Options Market In India
31 An analysis of the Dynamic Relationships Between South Asian and Developed Equity Markets
32 Corporate Governance and Market reactions
33 Insider Ownership and Corporate Governance
34 Improving Index Fund Implementation in India
35 Seasoned Capital Offerings: Earnings Management and Long-Run Operating Performance of Indian Firms
36 Volatility Spillovers Across Stock, Call Money And Foreign Exchange Markets
37 Understanding the Microstructure in Indian Markets
38 Price and Volume Effects of S&P CNX Nifty Index Reorganization
39 Lead-Lag relationship between Equities and Stock Index Futures Market and its variation around Information Release: Empirical Evidence from India
40 On The New Transformation-Based Approach To Measuring Value-At-Risk: An Application To Forex Market In India
41 Optimal Hedge Ratio and Hedging Effectiveness of Stock Index Futures : Evidence from India
42 Evaluating Corporate Governance Risk: A Fuzzy logic approach
43 Do the S&P CNX Nifty Index and Nifty Futures Really Lead/Lag?Error Correction Model: A Cointegration Approach
44 Under-Pricing and long run performance of Initial Public Offerings in Indian Stock Market
45 Price & liquidity effects of stock split: An Empirical evidence from Indian stock market
46 Risk Return Dynamics of Derivative Based Investment Strategies.
47 Pricing of Options on Defty
48 Price Limits Are they Worth the Price?
49 Volatility Persistence and the Feedback trading Hypothesis: Evidence from Indian Markets
50 Dynamic Interaction among Mutual Fund Flows, Stock Market Return and Volatility
51 Correlation Dynamics in Equity Markets: Evidence from India
52 Price Discovery and Arbitrage Effi ciency of Indian Equity Futures and Cash Markets
53 Do Hetrogeneous beliefs affects trading volume and asset prices.
55 Forecasting Of Indian Stock Market Index Using Artifi cial Neural Network
56 Global Stock Futures : A Diagnostic Analysis Of a Selected Emerging And Developed Markets With Special Reference To India
57 Price Behaviour around Block Trades on the National Stock Exchange of India.
Does the Stock Market Overreact? An empirical evidence of the Contrarian Returns from the Indian Markets
59 Dynamic Relationship between Stock Return, Trading Volume and Volatility:Evidence from Indian Stock Market
60 Stock Market Seasonality: A Study of the Indian Stock Market
61 Determinants and the Stability of Dividends in India:Application of Dynamic Partial Adjustment Equation using Extended Instrumental Variable Approach
Contd...
105
SL. No. Title of Study
62 Optimal Investment Horizons for S&P CNX Nifty and its Components
63 Examining Association between S&P CNX Nifty and selected Asian and US Stock Markets
64 Effi ciency of Indian Stock Market: A study of NSE
65 Some Preliminary Examination of Predictive Ability of India VIX
66 Imbalance created because of structured products in India equity market
67 A Comparison of Forecasting Performance of Symmetric and Asymmetric Models: A Case of Indian Stock Exchange
68 Market Integration and Effi ciency of Indian Stock Markets: A Study of NSE
69 Price Impact of Block Trades and Price Behavior surrounding Block Trades in Indian Capital Market
Papers Under Progress
1 Forecasting Volatility using High Frequency Data
Table 9-2 A: NCFM Modules
Sr. No.
Name of Module Fees (`) Test Duration (in min-
utes)
No. of Ques-tions
Maxi-mum Marks
Pass Marks
(%)
Certifi -cate
Validity(in years)
1 Financial Markets: A Beginners’ Module 1500 120 60 100 50 5
2 Mutual Funds : A Beginners’ Module 1500 120 60 100 50 5
3 Currency Derivatives: A Beginner’s Module 1500 120 60 100 50 5
4 Equity Derivatives: A Beginner’s Module 1500 120 60 100 50 5
5 Interest Rate Derivatives: A Beginner’s Module
1500 120 60 100 50 5
6 Commercial Banking in India: A Beginner’s Module
1500 120 60 100 50 5
7 Securities Market (Basic) Module 1500 105 60 100 60 5
8 Capital Market (Dealers) Module * 1500 105 60 100 50 5
9 Derivatives Market (Dealers) Module ** 1500 120 60 100 60 3
10 FIMMDA-NSE Debt Market (Basic) Module 1500 120 60 100 60 5
11 Investment Analysis and Portfolio Management Module
1500 120 60 100 60 5
12 NSDL–Depository Operations Module 1500 75 60 100 60 # 5
13 Commodities Market Module 1800 120 60 100 50 3
14 Surveillance in Stock Exchanges Module 1500 120 50 100 60 5
15 Corporate Governance Module 1500 90 100 100 60 5
16 Compliance Offi cers (Brokers) Module 1500 120 60 100 60 5
17 Compliance Offi cers (Corporates) Module 1500 120 60 100 60 5
18 Information Security Auditors Module (Part-1)
2250 120 90 100 60 2
Contd...
Contd...
106
Sr. No.
Name of Module Fees (`) Test Duration (in min-
utes)
No. of Ques-tions
Maxi-mum Marks
Pass Marks
(%)
Certifi -cate
Validity(in years)
Information Security Auditors Module (Part-2)
2250 120 90 100 60
19 Options Trading Strategies Module 1500 120 60 100 60 5
20 FPSB India Exam 1 to 4*** 2000 per
exam
120 75 140 60 NA
21 Examination 5/Advanced Financial Planning 5000 240 30 100 50 NA
22 Equity Research Module ## 1500 120 65 100 55 223 Issue Management Module ## 1500 120 80 100 55 224 Market Risk Module ## 1500 120 50 100 55 225 Financial Modeling Module ### 1500 150 50 75 50 NA26 Certifi ed Personal Financial Advisor (CPFA)
Examination4000 120 80 100 60 3
* Candidates have the option to take the tests in English, Gujarati or Hindi languages. # Candidates securing 80% or more marks in NSDL-Depository Operations Module ONLY will be certifi ed as ‘Trainers’.** Following are the modules of Financial Planning Standards Board India (Certifi ed Financial Planner Certifi cation) - FPSB India Exam 1 to 4 i.e. (i) Risk Analysis & Insurance Planning (ii) Retirement Planning & Employee Benefi ts
(iii) Investment Planning and (iv) Tax Planning & Estate Planning - Examination 5/Advanced Financial Planning ## Modules of Finitiatives Learning India Pvt. Ltd. (FLIP)### Module of IMS ProschoolThe curriculum for each of the modules (except Modules of Financial Planning Standards Board India, Finitiatives Learning India Pvt. Ltd. and IMS Proschool) is available on our website: www.nseindia.com> NCFM > Curriculum & Study Material.
Table 9-2 B: NISM Modules
Sr. No.
Name of Module Fees (`)
Test Du-ration (in minutes)
No. of Ques-tions
Maxi-mum Marks
Pass Marks
(%)
Certifi -cate
Validity(in years)
1 NISM-Series-I: Currency Derivatives Certifi cation Examination
1000 120 60 100 60 3
2 NISM-Series-II-A: Registrars to an Issue and Share Transfer Agents – 1000 120 100 100 50 3Corporate Certifi cation Examination
3 NISM-Series-II-B: Registrars to an Issue and Share Transfer Agents – 1000 120 100 100 50 3Mutual Fund Certifi cation Examination
4 NISM-Series-IV: Interest Rate Derivatives Certifi cation Examination
1000 120 100 100 60 3
5 NISM-Series-V-A: Mutual Fund Distributors Certifi cation Examination
1000 120 100 100 50 3
6 NISM-Series-VI: Depository Operations Certifi cation Examination
1000 120 100 100 60 3
7 NISM Series VII: Securities Operations and Risk Management Certifi cation Examination
1000 120 100 100 50 3
Contd...