BSE shares fall 5% after exchange put under Stage 1 of ASM framework
Published on 11/06/2025 01:43 PM
BSE shares fall 5% after exchange put under Stage 1 of ASM frameworkBefore today's drop, shares of BSE had gained for nine straight trading sessions. During these nine days, four of those sessions had over 1 crore shares of the stock trade in a single day.By Hormaz Fatakia | Sudarshan Kumar June 11, 2025, 1:43:12 PM IST (Updated)2 Min ReadShares of the Bombay Stock Exchange (BSE) Ltd. fell as much as 5% after the stock was added to the stage-1 of the Additional Surveillance Measures (ASM) framework.
As a result, trading on the stock will now attract a 100% margin.
Stocks are selected to be placed under the long-term Additional Surveillance Measures based on select criteria, such as price variation, volumes, and concentration of top clients within a given time frame.
Shares that are placed under Stage 1 of the Long-term ASM framework, are subject to the 100% margin starting from the T+3 day. This means that the entire value of the trade will have to be provided as a margin upfront. These stocks are eligible for a staged exit after 90 days. Additionally, stock that are under the stage-1 of the ASM framework can be bought and sold as well.
BSE shares had made a low of ₹1,227 on March 11 this year. In three months to that day, the stock has risen 147% from those levels. Even on a year-to-date basis, the stock has risen 60%.
Before today's drop, shares of BSE had gained for nine straight trading sessions. During these nine days, four of those sessions had over 1 crore shares of the stock trade in a single day. However, volumes on Wednesday are the lowest so far since May 16.
Shares of BSE are currently trading 5.1% lower at ₹2,853.6. Out of the 14 analysts that have coverage on the stock, 10 of them have a "buy" rating, three say "hold", while one has a "sell" recommendation.Continue ReadingFirst Published: Jun 11, 2025 12:25 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBSEBSE share priceBSE Sharesshare market today