Amid market volatility, National Stock Exchange on Thursday has placed Adani Enterprises, Adani Port, Ambuja Cement under ASM (Additional Surveillance Margin) framework with effect from February 3, 2023.
This will mean intraday trading will also require 100% upfront margin and will likely curb a lot of speculation and short selling.
“There shall be Additional Surveillance Measures (ASM) on securities with surveillance concerns based on objective parameters viz. Price / Volume variation, Volatility etc,” said NSE on its website to explain the measure.