Revision in tick size of scrips in BSE equity segment from March 1, 2023

Revision in tick size of scrips in BSE equity segment from March 1, 2023

Starting March 1, 2023, BSE will be revising tick size for scrips trading below Rs. 100 to 0.01 per tick instead of 0.05 per tick.

This will be applicable for all the scrips that have closing price of Rs. 100 or less on the last trading day of the previous month.

Close price in Rs. Tick size in Rs.
0 - 100 0.01
100 and above 0.05

Currently scrips with price of Rs. 15 or below have tick size of 0.01 on BSE. You can check the announcement from the exchange here.

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Good decision. Slippage is crazy in low price stocks. Hope NSE will implement something similar.

Is this applicable from tmrw? Are there any other benefits apart from reducing slippage in low price stocks?

Don’t know about the benefits but volatility will decrease @vikramaditya

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NSE Kab Khun Kholega Re Tera ?
NSE When Will Your Blood Boil ?

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