Why is ASM important for investors?

ASM acts as a "cautionary signal" that a stock is under increased scrutiny, indicating higher volatility or susceptibility to manipulation. Additional Surveillance Measure (ASM) is a crucial regulatory tool that serves as an alert for potential risks in a stock. It signals that a security is being monitored by exchanges like the NSE and BSE due to unusual price fluctuations, trading volume, or other potentially manipulative activities. Awareness of a stock's ASM status helps investors make more informed, cautious decisions. You can view or download the ASM list for the previous day from the BSE/NSE website.