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NSE participates in International Kolkata Book Fair

| | Jan 29, 2015, at 02:56 am
Kolkata, Jan 28 (IBNS): India's leading stock exchange, the National Stock Exchange, for the first time, is participating in the coveted International Kolkata Book Fair, which commenced on Wednesday.
NSE will set up a stall (number 535) to inform investors about the precautions they should take before, during and after trading. Investors will also be advised on their rights and obligations and made aware of products like Nifty exchange traded funds (ETF’s), through which it is possible for retail investors to invest small amounts at a time and get good long term returns.
 
NSE conducts a large number of investor initiatives in tier two and tier three towns in the Eastern States, as well as other parts of the country.  This is yet another initiative by NSE to impart these life skills to a large section of the population and encourage them to participate in and benefit from the success of India’s financial markets. NSE’s attempt is also to caution investors to invest only through registered intermediaries.
 
The International Kolkata Book Fair, held at Kolkata’s popular Milan Mela Ground, E M Bypass, is Asia’s largest and world’s third largest book fair, for the number of books on display, and  is a very big draw with students, academicians, professionals along with book lovers. 
 
The fair, organised by Publishers &Booksellers Guild and supported by British Council, attracts publishers from across the globe and is attended by 20 lakh people every year. It provides a unique opportunity to NSE to reach out to a large number of people from all walks of life and make them aware about key concepts such as importance of savings and benefits of investing.
 
Ravi Varanasi, Head Business Development, NSE, said, ‘’We are fully committed to creating awareness in Kolkata and the East to encourage people to invest in productive assets, so that they can manage their finances better and build a prosperous future. The Kolkata book fair offers us a unique opportunity to simultaneously reach out to lakhs of people who visit the fair from Kolkata and the neighbouring areas.’’
 
The stall will have  an added attraction for students and professionals because  NSE will put up brochures of its PGDFM courses (Bengal Institute of Business Studies, Kolkata & Sri Sri University, Bhubaneswar) as well as  books and CD’s of  NCFM ( NSE’s certification in financial markets) at the stall number 535. 
 
It will also offer registration for its MDPs in technical analysis, fundamental analysis and futures & options. The MDP’s or management development programmes are one month long courses which can benefit executives at all levels in the financial industry, to take on leadership roles. These MDPs, specially designed for trading members, corporate executives, entrepreneurs, businessmen and students, will commence on 28th February and classes will be held at the NSE Kolkata Office. NSE is also offering a discount on the MDP’s and on the sale of the NCFM CD’s.
 
NSE officials will conduct interesting quiz shows at the NSE stall to engage with the visitors and provide information on key topics like financial planning and financial products. Prizes will also be given on the spot at regular intervals. The officials will also interact with the visitors to make them aware about the precautions they should take while trading, such as avoiding market rumours and not getting lured by promises of exceptionally high returns. Informative pamphlets and brochures will also be made available to the visitors.
 
NSE has also collaborated with RashtriyaMadhyamikSikshaAbhijan, Assam for introduction of Financial Literacy course at schools in Assam for classes IX & X. A total of 54 schools will be covered in 27 districts as part of the tie-up for which NSE is conducting the teachers’ training programme currently.NSE has also partnered with the Nagaland Board of School Education for introduction of Financial Market Management course in Class XI & XII.
 

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