The Bombay Stock Exchange (BSE) on Wednesday clarified on the new additional surveillance rules that intend to curb excessive price movement in securities listed on BSE.
The BSE on Wednesday clarified on the new additional surveillance rules aimed at curbing excessive price movement in securities listed on the trading platform.The exchange in a circular has said that it has partially modified and superseded the .
The step has hurt smallcaps and midcaps the most, which are expected to be most affected by the circular. During the current week BSE Midcap index is down nearly 4 per cent while BSE Smallcap index has plunged over 5 per cent.
The Bombay Stock Exchange (BSE) on Wednesday clarified on the new additional surveillance rules that intend to curb excessive price movement in securities listed on BSE.