NSE announces inclusion of 3 securities in ESM Stage-I and movement of 1 security from Stage-I to Stage-II, effective December 2-3, 2025, with 100% margin requirements and trade-for-trade restrictions.
Impact
High
Severity
High
Justification
High ranking due to significant trading restrictions (100% margin, trade-for-trade segment shift, 2% price band in periodic call auction) affecting multiple securities, impacting liquidity and trading activity for affected stocks.
List of securities subject to Reversal Trade Cancellation Mechanism (RTCM) for December 2025, covering over 300 stocks where specific trade cancellation procedures will apply.
Impact
Medium
Severity
Medium
Justification
Affects trading operations for over 300 securities with specific trade cancellation procedures. Important for traders and market participants dealing with these stocks to understand RTCM applicability.
NSE circular announcing securities subject to Short-Term Additional Surveillance Measure (ST-ASM) framework effective October 31, 2025, including one new addition and two exclusions.
Impact
Medium
Severity
Medium
Justification
Affects trading conditions for 29 securities under ASM framework with one new addition (UTSSAV) to Stage I and two exclusions (BANCOINDIA, V2RETAIL). Medium impact as it applies enhanced surveillance measures to specific securities.
NSE circular announcing securities being placed under Short-Term Additional Surveillance Measure (ST-ASM) framework, effective October 27, 2025.
Impact
Medium
Severity
Medium
Justification
Affects trading in 30 securities under ST-ASM framework with enhanced surveillance measures including stricter price bands and settlement requirements for Stage I securities
NSE implements Short-Term Additional Surveillance Measure (ST-ASM) Stage I on 5 securities with increased margin requirements of 50% effective October 21, 2025.
Impact
High
Severity
High
Justification
Significant increase in margin requirements to 50% minimum affects trading liquidity and positions for 5 securities, with immediate impact on all open and new positions.