What is GSM Graded surveillance measures)?

What is GSM Graded surveillance measures)?

SEBI introduced the Graded Surveillance Measure (GSM) framework. It was made in collaboration with exchanges. The framework aims to boost market integrity and protect investors. You can track the list of stocks under GSM on the NSE and BSE websites.  

There are four stages of surveillance actions:

  • Stage 1: The margin rate is 100%, and the price band is 5% or lower.
  • Stage 2: Trade for Trade with a 5% or lower price band, and buyers must deposit an Additional Surveillance Deposit (ASD) of 50% of the trade value.
  • Stage 3: Trade for Trade with a 5% or lower price band, and buyers must deposit ASD (100% of trade value).
  • Stage 4: Trade for Trade with a price band of 5% or lower, and buyers must deposit ASD (100% of trade value) with no upward movement.

 

For more information, click the link below: 

https://www.nseindia.com/regulations/graded-surveillance-measure 



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