Q. What is the expansion of 'ESM' set up by Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) ?
Answer:
Enhanced Surveillance Measure
Notes: The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have set up the Enhanced Surveillance Measure (ESM) to curb volatility in small-cap counters.
It is applicable for companies that have a market cap of less than ₹500 crore and the mechanism will be effective from June 5.