What does GSM mean?
GSM (Graded Surveillance Measure) is another framework introduced by SEBI in 2019. It's similar to ASM in that it focuses on scrips that are considered high-risk and volatile. However, GSM is a bit more nuanced in that it categorizes scrips into different grades based on the level of risk they pose. There are five grades, with grade 1 indicating the highest risk and grade 5 indicating the lowest risk. Scrips in higher grades may face stricter restrictions, such as lower trading limits and higher margin requirements.

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