NEW DELHI: NSE has added Religare EnterprisesNSE -6.13 %, Vipul and Binani IndustriesNSE -6.34 % to the list of stocks under short-term additional surveillance measure (ASM) framework. Automotive Stampings and Assemblies and MVL have been taken out of the list.
With this, the exchange now has 17 stocks in the short-term ASM framework. Other stocks included in the list are Zee Learn NSE 0.40 %, Siti Networks, GTL Infra and Sri Adhikari Brpothers Television.
Under the framework, the applicable rate of margin is fixed at 1.5 times the existing margin or 40 %, whichever is higher, subject to maximum rate of margin capped at 100 %t. The top ten clients on the counter, based on gross traded value, subject to their gross traded value being greater than Rs 10 lakh, are levied 100 % margin on the gross traded value, NSE said.
The exchange added Stampede Capital to its long-term ASM Framework Stage 1. There are now 15 stocks under this list. IL&FS Transportation, Navkar Corp, Shankara Building Products, Punj LloydNSE -4.17 % and Raj Television comprise the list. The applicable rate of margin on these securities with effect from friday, will be 80 % on all open positions.
Meanwhile, Sezal Glass has been listed under stage V of guarded surveillance measure (GSM).
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