NSE announces securities entering and exiting the Short-Term Additional Surveillance Measure framework effective December 26, 2025, with 7 securities added to Stage I and 5 securities being excluded from ASM.
Impact
High
Severity
High
Justification
ST-ASM placement significantly impacts trading by imposing stricter surveillance measures including possible price limits, higher margins, and reduced position limits on 7 securities while providing relief to 5 securities being excluded
BSE and NSE sought clarifications from DIGJAM Limited and Aerpace Industries Limited regarding recent price movements in their equity shares. Both companies attributed the movements to market conditions and previously disclosed information.
Impact
Low
Severity
Low
Justification
Routine price movement clarifications with no new material disclosures or regulatory actions. Companies confirmed compliance with existing disclosure norms and attributed movements to market conditions.
Companies respond to stock exchange queries regarding recent price movements in their equity shares, attributing the movements to market conditions and disclosed information.
Impact
Low
Severity
Low
Justification
Routine clarifications on price movements with no new material information or regulatory changes. Companies confirmed compliance with existing disclosure norms.
NSE announces securities entering and exiting the Short-Term Additional Surveillance Measure (ST-ASM) framework effective December 17, 2025, impacting 26 securities across various stages.
Impact
High
Severity
High
Justification
ST-ASM framework directly impacts trading conditions for 30 securities with 6 additions to Stage-I and 4 exclusions, affecting investor accessibility and liquidity
NSE announces 8 securities moving out of GSM framework effective December 09, 2025, with updated series and price band information.
Impact
Medium
Severity
Medium
Justification
Positive development for 8 securities being removed from enhanced surveillance, allowing normal trading conditions with specified price bands. Three securities remain suspended despite GSM removal.
BSE updates the list of securities under the Graded Surveillance Measure (GSM) framework with applicable price bands and groups for 61 companies.
Impact
Medium
Severity
Medium
Justification
Regular surveillance framework update affecting 61 securities with varying price bands and group classifications that impact trading conditions for these stocks
BSE publishes updated list of 61+ securities under Graded Surveillance Measure (GSM) framework with applicable price bands and groups.
Impact
High
Severity
High
Justification
High surveillance framework affecting 61+ securities with strict price bands and trading group restrictions. Significant impact on trading activity and investor access to these stocks.
NSE circular listing 324 securities subject to Reversal Trade Cancellation Mechanism (RTCM) for November 2025, a surveillance measure to prevent price manipulation.
Impact
High
Severity
Medium
Justification
RTCM is a critical surveillance mechanism affecting 324 securities, enabling NSE to cancel erroneous or manipulative trades. High impact on trading operations and investor protection, though routine monthly update.
NSE moves DIGJAM Limited to Stage IV of GSM framework effective October 17, 2025, with strictest trading restrictions including trade-for-trade, weekly trading, 100% ASD, and no upward price movement.
Impact
High
Severity
High
Justification
Stage IV is the most severe surveillance measure with maximum trading restrictions including no upward price movement, significantly impacting liquidity and trading for affected security