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NOTICES
Notice No.   20190827-32   Notice Date   27 Aug 2019
Category   Trading   Segment   Equity
Subject   Short-term Additional Surveillance Measure (Short-term ASM) - Update
 
Content

This is in partial modification of the Exchange notice no. 20190111-55 dated January 11, 2019 introducing additional criteria for inclusion of stocks under the Short Term ASM framework.

 

As per the joint Surveillance meeting of Exchanges and SEBI held on August 27, 2019, the following revised criteria shall be applicable for inclusion of stocks under the Short Term ASM framework

 

For Stocks with a market capitalization more than INR 100 crore and less than or equal to INR 500 crore

For Stocks with a market capitalization greater than INR 500 crore

High Low Variation on a one month basis greater than (75% + Beta (β) of the stock * S&P BSE SENSEX variation)

AND

Average unique PANs trading in the scrip in last one month < 100

High Low Variation on a one month basis greater than (75% + Beta (β) of the stock * S&P BSE SENSEX variation)

AND

Average unique PANs trading in the scrip in last one month < 200

 

The aforesaid revised criteria shall be effective from the review scheduled on September 03, 2019.

In case of any clarifications, members are requested to contact 2272 5001/ 2272 1717 /2272 5158.

 

 

For & On behalf of BSE Ltd.

  

Usha Sharma

Yogendra Daxini

 

General Manager

Asst. Gen. Manager

 

Surveillance

Surveillance

 

 

August 27, 2019