Bombay Stock Exchange in its notification on Monday announced that 39 stocks will move out of the additional surveillance measures framework with respect from 07/01/2019. Additional surveillance measures (ASM) was introduced last year, in order to check any abnormal volatility in stock prices.
There are certain parameters set for stocks that are placed under ASM, such as The circuit breaker kicks in at a 5 per cent change in price. Buyers need to pay brokers upfront the full amount to acquire shares and 100 per cent margin is levied.
According to the S&P BSE Sensex, there are only 61 stocks which are currently under the framework.