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BSE Shares Put Under ASM Framework As Stock Price Doubles

BSE Shares Put Under ASM Framework As Stock Price Doubles

BSE Ltd.’s shares have been placed under extra scrutiny to caution investors and deter any speculative trading, following a sharp rally in the bourse’s stock price.

With the inclusion in the so-called additional surveillance measure, trading in BSE shares — listed on its privately held larger rival National Stock Exchange of India Ltd. — will attract 100% margin. Stocks are shortlisted for ASM based on factors such as sharp price movement, high volumes, and concentrated client activity.

BSE’s shares fell more than 3% on Wednesday, the most in about three weeks.

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