Leading exchanges BSE and NSE said they will place pharmaceutical major Pfizer Ltd and Adani Transmission under the additional surveillance measure (ASM) framework from tomorrow.
While both the exchanges have shortlisted Pfizer Ltd and Adani Transmission Ltd for the enhanced surveillance measure, the BSE has named Accel Ltd as well.
In two separate communications, the exchanges said that a price band of 5 per cent will be applicable from August 30 on the firms placed under the ASM framework.
In a notice, the BSE said: "100 per cent margins shall be applicable with effect from September 5, 2018, on all open positions as on September 4, 2018 and new positions created from September 5, 2018 onwards."
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