Shares of BSE fell for the third consecutive session on Friday, taking the total decline to nearly 10 percent since June 11 amid continued selling pressure.
The stock dropped 3.67 percent to touch an intraday low of Rs 2,653 on the NSE. By 1 pm, it pared some losses to trade at Rs 2,712.30, down 1.52 percent.
The decline came after the stock was placed under the Additional Surveillance Measure (ASM) framework on Wednesday. The move followed sharp price movement, high trading volumes, and concentrated client activity — factors monitored by exchanges to control excessive volatility.
As per the ASM rules, trading in the stock now requires 100 percent margin, CNBC-TV18 reported.
BSE shares extend losses to drop over 7% in two sessions after inclusion in ASM framework; MCX, CDSL among other mirror losses
Other capital market-related stocks also witnessed selling. Shares of CDSL were also trading under selling pressure in today's trading session.
Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
