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...

National Stock Exchange of India 1

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.


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


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


Chairman

2 Mr. D.C.Anjaria Director, International Finance Solutions Pvt. Ltd.


3 Prof. V. Ravi Anshuman Professor, Indian Institute of Management, Bangalore


4 Mr. Anup Bagchi Managing Director & CEO, M/s. ICICI Securities Limited

Trading Member

5 Mr. Shailesh Haribhakti Executive Chairman & Managing Partner, BDO Haribhakti


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


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


5 Dr. R. H. Patil Chairman, The Clearing Corporation of India Limited


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


8 Mr. V Srinivasan Executive Director – Corporate Banking, M/s. Axis Bank Limited

Trading Member

* As on May 10, 2011

Contd...

Membership 2

9

2

Cont

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MembershipTa

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app

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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

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



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


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


(` 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


51 Valecha Engineering Limited 2.54 0.57


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



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



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


(` 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


87 Micro Technologies (India) Limited 25.45 5.70


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


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


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


(` cr.) (US $ mn.)103 Bharati Shipyard Limited 10.96 2.45


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


113 Videocon Industries Limited 159.85 35.80

114 MSK Projects (India) Limited 211.30 47.32


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



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



130 Sabero Organics Gujarat Limited 0.14 0.03





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


(` cr.) (US $ mn.)138 Softpro Systems Limited 1.80 0.40


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


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


151 Supreme Infrastructure India Limited 19.49 4.37


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


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


166 Religare Enterprises Limited 250.00 55.99


168 Ind-Swift Laboratories Limited 7.33 1.64

169 Malwa Cotton Spg. Mills Limited 1.10 0.25


171 Sri Adhikari Brothers Television Network Limited 13.61 3.05


Contd...

Contd...

29


(` cr.) (US $ mn.)173 Delta Corp Limited 176.70 39.57




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


186 Pratibha Industries Limited 35.00 7.84


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


198 Religare Enterprises Limited 250.00 55.99


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


(` cr.) (US $ mn.)208 Man Industries (India) Limited 0.88 0.20

209 Arihant Foundations & Housing Limited 3.83 0.86


211 Aditya Birla Nuvo Limited 568.25 127.27




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



220 Ansal Housing and Construction Limited 3.60 0.81


222 Websol Energy Systems Limited 4.00 0.90

223 Maytas Infra Limited 4.51 1.01




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



235 Asian Electronics Limited 1.65 0.37

236 Everonn Education Limited 203.74 45.63

237 Ispat Industries Limited 2157.00 483.09


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


Contd...

Contd...

31


(` cr.) (US $ mn.)243 Cura Technologies Limited 3.60 0.81

244 Deep Industries Limited 13.05 2.92


246 Sujana Universal Industries Limited 10.63 2.38

247 Usher Agro Limited 6.15 1.38




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



260 Mercator Lines Limited 48.95 10.96

261 Subex Limited 33.41 7.48




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


269 Bajaj Holdings & Investment Limited 236.07 52.87


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


(` 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


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


30 Elder Pharmaceuticals Limited 69.70 15.61

31 IndusInd Bank Limited 1,172.75 262.65


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...

Capital Market Segment 4

37

4

Cont

d...

Capital Market SegmentTa

ble

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(` c

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(US

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(` c

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(US

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1994

-95

(Nov

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1995

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----

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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


` 3.15 each side


` 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.


Free Float Market

Capitalisa-tion

(` cr.)

Weight-age

(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.


Free Float Market

Capitalisa-tion

(` cr.)

Weight-age

(Percent)




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.


Free Float Market

Capitalisa-tion

(` cr.)

Weight-age

(Percent)




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

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

Equity Futures & Options Segment 6

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


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


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


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...


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


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


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


crores

` 50 crores upto ` 250 crores


` 500 crores upto

` 1000 crores

` 1000 crores

and more

Upto ` 10

crores


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


Turnover(` cr.)


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


Turnover(` cr.)


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




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


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


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


Turnover(` cr.)


20 contracts




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



Contd...

Contd...

88


Turnover(` cr.)


20 contracts


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


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


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


` 1.85 each side


` 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

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


Average Daily


Open Interest

No. of Contracts



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


(` 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

(US $ mn.)

Average Daily


Average Daily

Trading Value

(US $ mn.)

Open Interest at the end of

No. of Con-tracts


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


(` 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

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

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...


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


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...

nse factbook 2011

Documents