Important Update: Revision in tick size of BSE scrips
Starting from 1st March 2023 BSE will be revising tick size for scrips trading below ₹100.
Before 1st March 2023 scrips with price of ₹15 or below had a tick size of 0.01 on BSE. But now scrips with price of ₹100 or less will have tick size of 0.01 per tick instead of 0.05 per tick.
This will be applicable for all the scrips that have a closing price of ₹100 or less on the last trading day of the previous month.
Close price in ₹ | Tick size in ₹ |
0 - 100 | 0.01 |
100 and above | 0.05 |
What is tick size?
It is the minimum price difference that must exist at all times between consecutive bid and offer prices. In other words, it is the minimum increment in which prices can change.
You can check the announcement from the exchange here