Additional Surveillance Measure

 

ASM List

Securities and Exchange Board of India and exchanges are taking various steps to protect the investors’ money. They review the situation and had come up with measures known as Additional Surveillance

Additional Surveillance Measure

ASM stands for Additional Surveillance Measures. ASM is the list of securities that are currently under surveillance due to price volatility, volume variation etc.

It is an initiative by the Securities and Exchange Board of India.

To check market manipulation SEBI put high-risk stocks under ASM List. It mainly focuses on enhancing market integrity and focuses on investors' security.

High-risk stocks are placed under the ASM list.

ASM Framework

ASM list is released by BSE and NSE as per SEBI’s guideline under the ASM framework.

The main objective of the ASM list is:

·         *    To be cautious the investors when they are dealing in the stock exchange

·         *    To advise participants to take reasonable steps while dealing in these securities.

Corporate actions are not impacted by the inclusion of a company in the ASM list.

Being an investor you have to monitor the fluctuation, don’t worry about such short-term fluctuation.

Traders dealing in ASM-listed stock have to deposit a 100% margin.

After a stock enters ASM it will move to a 5% price band on the next day.

List of scrips shortlisted in Additional Surveillance Measure - 

https://www.nseindia.com/reports/asm