Description

BSE revises price bands for 23 scrips ranging from 2% to 20%, effective January 8, 2026, impacting daily trading limits for affected securities.

Summary

BSE has revised the price bands for 23 securities effective January 8, 2026. The revised price bands range from 2% to 20% across different scrips, replacing their existing levels. This surveillance measure adjusts the daily price movement limits allowed for these securities during trading sessions.

Key Points

  • 23 scrips will have revised price bands effective January 8, 2026
  • Price bands range from 2% (tightest) to 20% (widest)
  • Most scrips (13) have been assigned a 5% price band
  • 3 scrips have 2% price band (Checkpoint Trends, Deccan Bearings, Ramchandra Leasing & Finance, Onix Solar Energy)
  • 4 scrips have 10% price band (Rollatainers, Samtel India, SIMANDHAR IMPEX, VINEET LABORATORIES)
  • 1 scrip has 20% price band (Global Ocean Logistics India)
  • Trading members should adjust their risk management systems accordingly
  • Clarifications can be directed to bse.surv@bseindia.com

Regulatory Changes

Price band revisions are surveillance measures that restrict the maximum price movement allowed in a single trading day. The changes represent adjustments to existing price bands based on surveillance criteria such as volatility, trading patterns, or market stability concerns.

Compliance Requirements

  • Trading members must update their trading systems to reflect the new price bands before market opening on January 8, 2026
  • Risk management systems should be recalibrated for affected securities
  • Members should inform clients trading in these securities about the revised price movement limits
  • Any clarifications should be sought from BSE Surveillance at bse.surv@bseindia.com

Important Dates

  • Notice Date: January 7, 2026
  • Effective Date: January 8, 2026

Impact Assessment

Trading Impact

The revised price bands will directly affect intraday trading limits for all 23 securities. Tighter bands (2%) will restrict volatility but may reduce trading opportunities, while wider bands (20%) allow greater price movement but increase risk exposure.

Investor Impact

Investors holding or trading these securities need to adjust their strategies based on the new daily price movement limits. Stop-loss orders and limit orders may need recalibration.

Market Segments Affected

  • All 23 securities are in the Equity segment
  • Mix of companies across industries including manufacturing, finance, technology, and logistics

Risk Considerations

Tighter price bands (2-5%) suggest heightened surveillance concern, while wider bands (10-20%) may indicate acceptance of higher volatility or different market dynamics for those specific securities.

Impact Justification

Affects trading limits for 23 securities with varying price bands from 2% to 20%, impacting investor trading strategies and risk management for these specific scrips.