{"id":30465,"date":"2026-09-15T12:03:15","date_gmt":"2026-09-15T12:03:15","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=30465"},"modified":"2026-09-15T12:03:16","modified_gmt":"2026-09-15T12:03:16","slug":"graded-surveillance-measure","status":"publish","type":"post","link":"https:\/\/wp-api.pocketful.in\/blog\/graded-surveillance-measure\/","title":{"rendered":"What Is Graded Surveillance Measure (GSM)? Stages &amp; Rules"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">you come to know that it has been placed under the Graded Surveillance Measure. You might wonder what it actually means and how it can impact your trade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In today\u2019s blog post, we will give you an overview of the Graded Surveillance Measure along with its different stages.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/graded-surveillance-measure\/#What_is_Graded_Surveillance_Measure\" title=\"What is Graded Surveillance Measure?\">What is Graded Surveillance Measure?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/graded-surveillance-measure\/#Why_is_GSM_Required\" title=\"Why is GSM Required?\">Why is GSM Required?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/graded-surveillance-measure\/#Why_are_Stocks_placed_under_GSM\" title=\"Why are Stocks placed under GSM?\">Why are Stocks placed under GSM?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/graded-surveillance-measure\/#Stages_of_Graded_Surveillance_Measure_GSM\" title=\"Stages of Graded Surveillance Measure (GSM)\">Stages of Graded Surveillance Measure (GSM)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/graded-surveillance-measure\/#How_Does_GSM_Affect_Investors\" title=\"How Does GSM Affect Investors?\">How Does GSM Affect Investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/graded-surveillance-measure\/#How_to_Check_Whether_the_Stock_is_Under_Graded_Surveillance_Measure_GSM\" title=\"How to Check Whether the Stock is Under Graded Surveillance Measure (GSM)?\">How to Check Whether the Stock is Under Graded Surveillance Measure (GSM)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/graded-surveillance-measure\/#Factors_to_Consider_Before_Investing_in_GSM_Stocks\" title=\"Factors to Consider Before Investing in GSM Stocks\">Factors to Consider Before Investing in GSM Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/graded-surveillance-measure\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/wp-api.pocketful.in\/blog\/graded-surveillance-measure\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 id=\"h-what-is-graded-surveillance-measure\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Graded_Surveillance_Measure\"><\/span>What is Graded Surveillance Measure?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">It is a framework that is used by the stock exchange and works under SEBI regulations. It monitors certain listed securities that generally show unusual characteristics related to their price movement, valuation, etc. The key objective of the graded surveillance measure is to protect the interests of investors to maintain market integrity. These stocks require close monitoring.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Stocks under GSM are generally placed under different surveillance stages; higher trading restrictions are placed at higher stages. These restrictions include higher margin requirements, trade-to-trade settlement, and limits on the frequency of trading in stocks.<\/p>\n\n\n\n<h2 id=\"h-why-is-gsm-required\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_is_GSM_Required\"><\/span>Why is GSM Required?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The key reasons why GSM is important are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Protecting Investors\u2019 Interest:<\/strong> GSM provides additional attention to stocks that may carry higher risks because of their price, valuation, etc.<\/li>\n\n\n\n<li><strong>Stop Speculation:<\/strong> There are various stocks that may experience higher buying activity without improvement in their fundamentals. GSM regulates speculation by making trading more difficult.<\/li>\n\n\n\n<li><strong>Due Diligence:<\/strong> If a stock comes under GSM, it makes investors look at the stock with more attention beyond their stock price.<\/li>\n\n\n\n<li><strong>Restriction in Graded Manner:<\/strong> GSM does not necessarily impose the same restriction on every stock. They are applicable in a graded manner and increase at the higher stages.\u00a0<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\"><\/ol>\n\n\n\n<h2 id=\"h-why-are-stocks-placed-under-gsm\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_are_Stocks_placed_under_GSM\"><\/span>Why are Stocks placed under GSM?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The key reasons why stocks are placed under GSM are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Valuations<\/strong>: Valuations are the key reason why stocks are kept under GSM. This generally happens when a stock becomes significantly high compared with its financial performance.<\/li>\n\n\n\n<li><strong>Financial Position:<\/strong> The company&#8217;s financial position plays a key role in putting it in GSM. Weak financial performance, high debt, etc. may put a company under GSM surveillance.<\/li>\n\n\n\n<li><strong>Low Capitalisation:<\/strong> If a company has very low market capitalisation and if it combines with other factors that may qualify for GSM, then such companies may be put under GSM.<\/li>\n\n\n\n<li><strong>Price Difference:<\/strong> There are various small companies that have low trading volume, which will make the price difference more significant. A sharp price movement can cause high volatility; therefore, such companies are put under GSM.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/stock-market-bubble\/\">Stock Market Bubble: Meaning, Causes, Stages &amp; Risks<\/a><\/p>\n\n\n\n<ol class=\"wp-block-list\"><\/ol>\n\n\n\n<h2 id=\"h-stages-of-graded-surveillance-measure-gsm\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stages_of_Graded_Surveillance_Measure_GSM\"><\/span>Stages of Graded Surveillance Measure (GSM)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Currently, the GSM framework is implemented in six steps, which are as follows:<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th>GSM Stage<\/th><th>Key Measures<\/th><\/tr><\/thead><tbody><tr><td>Stage I<\/td><td>100% applicable margin and 5% or lower price band, as applicable<\/td><\/tr><tr><td>Stage II<\/td><td>Trade-to-Trade settlement, 5% or lower price band and 50% Additional Surveillance Deposit (ASD)<\/td><\/tr><tr><td>Stage III<\/td><td>Trade-to-Trade settlement, trading once a week, 100% ASD and 5% or lower price band<\/td><\/tr><tr><td>Stage IV<\/td><td>Trade-to-Trade settlement, trading once a week, 200% ASD and no upward price movement<\/td><\/tr><tr><td>Stage V<\/td><td>Trade-to-Trade settlement, trading once a month, 200% ASD.<\/td><\/tr><tr><td>Stage VI<\/td><td>Trade-to-Trade settlement, trading once a month, 200% ASD, and no upward price movement.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stage I:<\/strong> This is the first step of the GSM level in which a 100% margin is required to ensure safety. Also, stocks in GSM stage one trade at a 5% or lower price band, as applicable.<\/li>\n\n\n\n<li><strong>Stage II:<\/strong> In this second stage of GSM surveillance, restrictions increase. The stocks are moved into the trade-to-trade segment, indicating that trades are settled through delivery only and no intraday trades in those stocks are allowed.<\/li>\n\n\n\n<li><strong>Stage III:<\/strong> In the third stage of GSM, trading is more restricted. The securities in this stage are generally traded once a week. Buyers are required to deposit an additional surveillance deposit that is equal to 100% of the trade value with a 5% or lower price band.<\/li>\n\n\n\n<li><strong>Stage IV:<\/strong> This stage is considered the most restricted stage of GSM. In this stage, a 200% ASD is required, and stocks are traded only once a week.<\/li>\n\n\n\n<li><strong>Stage V:<\/strong> Stage five is also a trade-to-trade stage in which a 5% price band is allowed, and trades can be placed once a month. There is also a 200% ASD applicable in this stage.<\/li>\n\n\n\n<li><strong>Stage VI:<\/strong> It is a trade-to-trade stage with a price band of 5%, and stocks in this stage are allowed to trade only once a month. There is also a 200% ASD applicable, and no upward price movement is allowed.<\/li>\n<\/ul>\n\n\n\n<h3 id=\"h-restrictions-under-gsm\" class=\"wp-block-heading has-medium-font-size\">Restrictions Under GSM<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.pocketful.in\/tools\/gsm-list\">GSM-listed stocks <\/a>can come with additional trading conditions designed to control excessive speculation and protect investors. Depending on the surveillance stage, investors may face:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mandatory Delivery:<\/strong> Shares may need to be held in the demat account, with intraday trading restricted.<\/li>\n\n\n\n<li><strong>Tighter Price Limits:<\/strong> The stock may be subject to a reduced daily price band.<\/li>\n\n\n\n<li><strong>Additional Deposits:<\/strong> Investors may have to maintain an extra deposit when buying certain GSM stocks.<\/li>\n\n\n\n<li><strong>Limited Trading Opportunities:<\/strong> Trading may be allowed only on specific days at higher surveillance stages.<\/li>\n\n\n\n<li><strong>Stricter Exit Conditions:<\/strong> Higher GSM stages can make buying or selling the stock more difficult.<\/li>\n<\/ul>\n\n\n\n<h3 id=\"h-what-is-trade-to-trade-settlement\" class=\"wp-block-heading has-medium-font-size\">What is Trade-to-Trade Settlement?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Trade-to-trade is a type of stock market settlement in which each buy and sell transaction results in actual delivery of shares. Investors are not allowed to trade in these stocks on an intraday or same-day buy-and-sell basis. It means that when you sell shares, you need to have the required shares available for delivery. This method is generally used as a surveillance measure to reduce speculative activities in shares.\u00a0<\/p>\n\n\n\n<h2 id=\"h-how-does-gsm-affect-investors\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Does_GSM_Affect_Investors\"><\/span>How Does GSM Affect Investors?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A GSM affects investors in the following manner:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No Option for Intraday:<\/strong> There are various stocks placed under GSM; they may move to the trade-to-trade segment. This means investors generally cannot buy and sell stocks within the same day.<\/li>\n\n\n\n<li><strong>Higher Margin Requirement:<\/strong> Stocks which are under GSM require higher margin; such stocks require 100% to 200% margin, which requires higher initial capital.<\/li>\n\n\n\n<li><strong>Frequency of Trading:<\/strong> There are a few stages of GSM under which stocks are allowed to trade only once a week or month.<\/li>\n\n\n\n<li><strong>Liquidity<\/strong>: There are various trading restrictions applicable to stocks under GSM; this may reduce the number of market participants who are willing to trade in these stocks.\u00a0<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\"><\/ol>\n\n\n\n<h2 id=\"h-how-to-check-whether-the-stock-is-under-graded-surveillance-measure-gsm\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Check_Whether_the_Stock_is_Under_Graded_Surveillance_Measure_GSM\"><\/span>How to Check Whether the Stock is Under Graded Surveillance Measure (GSM)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Investors can easily check the list of stocks under the graded surveillance measure as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Website of Stock Exchange:<\/strong> One can visit the website of stock exchanges such as NSE and BSE.<br><strong>Navigate to the GSM Section:<\/strong> Once you visit the website of the exchange, you can navigate to the market surveillance section and click on GSM.<\/li>\n\n\n\n<li><strong>Searching Stock:<\/strong> After clicking on the GSM button, a list will populate that includes the shares under GSM. You can easily search for the stock that you want to check that is under GSM or not.<\/li>\n\n\n\n<li><strong>GSM Stage:<\/strong> If the stock appears in the list you stock also has the stage of GSM. One is required to check the GSM stage carefully because the restrictions may change significantly.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Read Also:<\/strong> <a href=\"https:\/\/www.pocketful.in\/blog\/restricted-stock-units\/\">What Are Restricted Stock Units (RSUs)?<\/a><\/p>\n\n\n\n<ol class=\"wp-block-list\"><\/ol>\n\n\n\n<h2 id=\"h-factors-to-consider-before-investing-in-gsm-stocks\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Factors_to_Consider_Before_Investing_in_GSM_Stocks\"><\/span>Factors to Consider Before Investing in GSM Stocks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The key factors that one is required to consider before investing in GSM stocks are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Reason why a stock is in GSM:<\/strong> The first step is to identify the key reason why the stock is under GSM. However, it is advisable that one must not invest in a stock only because it has given high returns in past.<\/li>\n\n\n\n<li><strong>Checking the Stage of GSM:<\/strong> The trading restriction on the stocks under GSM depends on the stage to which it belongs. It helps one in tracking the stock&#8217;s price movement.<\/li>\n\n\n\n<li><strong>Company Fundamentals:<\/strong> Before investing in any GSM stock, one must look closely at the stock&#8217;s fundamentals, including its financial health, revenue growth, etc.<\/li>\n\n\n\n<li><strong>Exit Risk:<\/strong> If you are trading in stocks that are under GSM, they carry higher risk. Therefore, one must invest in these stocks and maintain proper stop-loss, as it helps in protecting\u00a0<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\"><\/ol>\n\n\n\n<h2 id=\"h-conclusion\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">On a concluding note, to protect the interest of investors, the exchange came up with a mechanism known as GSM or Graded Surveillance Measure. This mechanism keeps a close watch on the securities and puts restrictions on trading of such securities. These restrictions include trade-to-trade settlement, higher margins, etc. Investors who wish to take higher risk can consider <a href=\"https:\/\/www.pocketful.in\/stocks\">investing in stocks<\/a> under GSM but only after considering the company\u2019s fundamental and financial performance. Also, it is advisable to consult your investment advisor before making any investment in GSM stocks.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">S.NO.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Check Out These Interesting Posts You Might Enjoy!<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">1<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/what-is-commodity-valuation\/\">What is Commodity Valuation?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/what-is-auction-market\/\">What is Auction Market?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">3<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/trading\/mis-in-share-market\/\">What is MIS in Share Market?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">4<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/right-issue-of-shares\/\">What is Right Issue of Shares: Meaning, Examples, Features<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">5<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/what-is-earnings-per-share-eps\/\">What is Earnings Per Share (EPS)?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">6<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/what-is-illiquid-stock\/\">Illiquid Stocks: Meaning, Risks, Features &amp; How to Identify<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">7<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/what-is-income-stocks\/\">Income Stocks: Meaning, Benefits, Risks &amp; How to Invest<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">8<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/record-date-in-share-market\/\">What is a Record Date in Stock Market?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">9<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/turnaround-stocks\/\">Turnaround Stocks: Meaning, Features, Risks &amp; How to Identify<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id=\"h-frequently-asked-questions-faqs\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">What is the meaning of GSM or Graded Surveillance Measure in stocks?<\/h3><p class=\"saswp-faq-answer-text\">GSM refers to a mechanism in which the stock exchange puts certain stocks under surveillance to monitor them closely. Certain restrictions are put on these stocks related to their trading frequency and margin requirements, etc.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">How many stages of GSM are there in India?<\/h3><p class=\"saswp-faq-answer-text\">There are six stages of GSM in India. The restrictions generally become stricter as the securities move to a higher stage.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Are GSM and ASM the same?<\/h3><p class=\"saswp-faq-answer-text\">No, GSM and ASM are not the same. They are both separate surveillance frameworks designed by the exchange to strengthen the market and protect the interests of investors in different ways.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Where can I check the list of stocks that are under surveillance?<\/h3><p class=\"saswp-faq-answer-text\">One can find the list of stocks under surveillance on the exchange website under the GSM list tab.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Can I do intraday trade in stocks under GSM?<\/h3><p class=\"saswp-faq-answer-text\">No, one cannot execute intraday trades in stocks under the GSM framework.\u00a0<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>you come to know that it has been placed under the Graded Surveillance Measure. You might wonder what it actually means and how it can impact your trade. In today\u2019s blog post, we will give you an overview of the Graded Surveillance Measure along with its different stages. What is Graded Surveillance Measure? It is [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":30467,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"is_paper_insight":false,"paper_insight_image":0,"paper_insight_pdf":0,"paper_insight_ppt":0,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-30465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"acf":{"freelancer":"Harjyot"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Is Graded Surveillance Measure (GSM)? Stages &amp; Rules<\/title>\n<meta name=\"description\" content=\"What is Graded Surveillance Measure (GSM) in stocks? 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