Description

BSE revises price bands for 30 securities across various percentages (1%, 2%, 5%, 10%, and 20%) effective January 5, 2026, impacting trading limits for these stocks.

Summary

BSE has revised price bands for 30 securities effective January 5, 2026. Price bands range from 1% to 20%, indicating varying levels of surveillance measures applied to these stocks. The changes will limit the maximum daily price movement allowed for these securities.

Key Points

  • 30 securities affected by price band revisions
  • Effective date: January 5, 2026
  • Price bands vary: 1%, 2%, 5%, 10%, and 20%
  • Most restrictive band: 1% (Nutricircle Ltd)
  • Widest band: 20% (8 securities including Bharat Gears, Manaksia Aluminium, Patron Exim, etc.)
  • Notice issued by BSE Surveillance department
  • Queries to be directed to bse.surv@bseindia.com

Regulatory Changes

Revised price bands represent surveillance measures to control volatility and unusual price movements in affected securities. Tighter bands (1-5%) indicate heightened surveillance concerns, while 10-20% bands represent moderate restrictions.

Compliance Requirements

  • Trading members must adhere to revised price bands from January 5, 2026
  • Orders beyond the specified price band limits will be rejected
  • Members should update their trading systems to reflect new price band parameters
  • Any clarifications required should be directed to bse.surv@bseindia.com

Important Dates

  • Notice Date: January 2, 2026
  • Effective Date: January 5, 2026

Impact Assessment

Market Impact: Medium - Affects 30 securities with varying levels of trading restrictions. Tighter price bands will reduce intraday volatility but may also impact liquidity for affected stocks.

Trading Impact: Stricter price bands limit maximum daily price movement, potentially protecting investors from excessive volatility while restricting trading flexibility. Securities with 1-2% bands (Nutricircle, Octaware, Shri Keshav Cements, Sri Chakra Cement) face the most significant trading constraints.

Investor Impact: Investors in these securities should be aware of reduced daily price movement limits, which may affect entry/exit strategies and order execution.

Impact Justification

Impacts trading behavior for 30 securities by restricting daily price movement ranges, primarily affecting smaller-cap and surveillance-flagged stocks