ASM List NSE: The Securities and Exchange Board of India (SEBI) and the National Stock Exchange (NSE) implement enhanced surveillance measures to maintain market integrity and protect investors. These measures include actions such as reducing price bands and conducting periodic call auctions.
Additional Surveillance Measures (ASM) refer to these intensified monitoring efforts by SEBI and the exchanges aimed at improving market integrity and safeguarding investor interests.
ASM List NSE
The ASM list comprises securities identified under the ASM framework, released by the BSE and NSE in compliance with SEBI guidelines. This approach helps ensure market security by controlling stock price fluctuations. Stocks included in the ASM list are assessed based on the following criteria:
- High-Low Variation
- Client Concentration
- Close to Close Price Variation
- Market Capitalization
- Volume Variation
- Delivery Percentage
- No. of Unique PANs
- PE (Price Earning Ratio)
Stocks in the ASM category are classified into two segments: long-term and short-term, further divided into stages such as ASM Long-Term Stage - 1 and ASM Short-Term Stage - 2.
The criteria for determination of inclusion in the ASM List include:
- A price fluctuation of 200% or more (adjusted for corporate actions) coupled with 30% or higher client concentration from the top 25 clients in the last three months, OR
- A price fluctuation of 200% or more with 30% or greater number of price band incidents, OR
- Close to close price variation (adjusted for corporate actions) over the last 365 days exceeding 100%, and high-low variation over the same period over 200%, with a market cap greater than Rs. 500 crores and a high-low variation of more than 50% in the last 90 trading days, OR
- Close to close price variance over the past 30 trading days being at least 100% (based on corporate action adjusted prices), with a negative PE or a PE greater than 30, and top 25 client concentration of at least 30% in the last month.
Updated ASM List NSE PDF 2025
For the latest ASM List NSE PDF and other updates, refer to the following link:
https://www.nseindia.com/reports/asm
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NSE Ban List – National Stock Exchange | Stocks MWPL
