In India, the rules are overall made to stop the Bull - A very sadistic approach towards the Stockmarket with bias in the mind that making money is a bad thing.
USA Markets:
1. Brokerage
2. Exchange Charges
Indian Markets:
1. Brokerage
2. STT
3. Transaction Charges
4. GST
5. SEBI Charges
6. Stamp Duty Charges
In addition, if a stock goes up by 20% in a few days, immediately it is moved to ESM / ASM / GSM, so that person cannot earn.
See notes at the end.
However, If the stock goes down by 20% then, let it go, let the person lose more money we won't bother about the downside.
Surveillance measures by SEBI are, among other things, a source of constant headache for people trading the Indian markets. Basically the regulator sees some unruly stocks & to protect us (yeah!), place them on a surveillance list, where restrictions like a 5% (or 10%) circuit filter, 100% margin on open positions, and limitation of intraday trading are imposed.
ESM (Enhanced Surveillance Measure)
GSM (Graded Surveillance Measure)
ASM (Additional Surveillance Measure)
ST-ASM (Short-term)
LT-ASM (Long-term)
