Thursday, December 10, 2009

After Nifty, NSE tweets on Junior Nifty, currency derivatives

New Delhi, Dec 10 : Encouraged by the growing fanfollowing for its tweets on the micro-blogging site Twitter,the National Stock Exchange has now started twittering forJunior Nifty index as well as for the currency derivatives andinterest rate futures.

Till recently, the 'twitterati club' of NSE was limitedto posting live quotes only of its benchmark index Nifty.

NSE joined this club last month, becoming the firstbourse in the country to have a presence on Twitter--which hasbecome a favoured short-messaging social networking websiteand can be accessed through mobile phone and internet.

Outside India, exchanges and indices having establishedtheir presence on Twitter including Nasdaq of the US andLondon Stock Exchange's FTSE.

On Twitter, NSE posts quotes of its indices-including thecurrent level as also the highs and lows, every 5 minutesduring the market hours.

In short span, Nifty has registered over 3,500 followersfor its 'tweet' messages, which are capped at a maximum of 140characters per post. So far, about 1,292 tweets have beenposted on the exchange's page on the Twitter.

The number of followers, till today, for the NSE's JuniorNifty, currency derivatives and interest rate futures onTwitter is 34, 54 and 18 respectively.

With Twitter, investors can reach the NSE with theirmobiles and need not to log onto internet through computers.

Twitter is a free social networking and micro-bloggingservice that enables a user to send and read messages known astweets. Tweets are text-based posts of up to 140 characters.

A user can send and receive tweets through the Twitterwebsite or short message service (SMS) on mobile phone.

No comments: