NSE announces inclusion of 2 securities in ESM Stage-I and movement of 1 security from Stage-I to Stage-II, with 100% margin requirement effective November 03, 2025.
Impact
High
Severity
High
Justification
High impact due to 100% margin requirement and shift to Trade-for-Trade segment for affected securities, significantly restricting trading and liquidity
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 updates Enhanced Surveillance Measure framework with securities moving between stages and exclusions, effective October 20-21, 2025.
Impact
Medium
Severity
Medium
Justification
Routine surveillance measure update affecting specific securities with stage movements and exclusions. No new securities added to Stage I. Three securities downgraded from Stage II to Stage I, and one security excluded from ESM framework.
NSE updates Enhanced Surveillance Measure framework with securities moving between ESM stages effective October 10, 2025.
Impact
Medium
Severity
Medium
Justification
Affects multiple securities under surveillance framework with stage movements requiring traders to adjust strategies for higher margin and price band restrictions.
NSE announces revised price bands for securities across different categories, effective October 08, 2025, impacting 3,006 securities with bands ranging from 2% to 40%.
Impact
High
Severity
Medium
Justification
Affects 3,006 securities with varying price bands, directly impacting trading volatility limits and risk management for market participants across multiple categories.
NSE announces securities moving into ESM Stage-I effective October 07, 2025, including 4 new securities with trading segment changes for some stocks effective October 08, 2025.
Impact
High
Severity
High
Justification
Affects multiple securities with enhanced surveillance restrictions and trading segment changes from EQ/SM to BE/ST, significantly impacting trading activity and investor access