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Mumbai: The National Stock Exchange has revised circuit limits of 302 stocks with effect from Monday. The circuit limit of Adani Gas, Angel Broking, Arvind Fashions, Central Bank of India, Emkay Global, SH Kelkar and Company and Snowman Logistics has been revised to 20% from 10%.The circuit limit of Adani Power has been revised down to 10% from 20% while that of 5Paisa Capital has been revised to 10% from 5%. The circuit limits of Reliance Communications, Reliance Infrastructure, Reliance Home Finance and Shree Renuka Sugars has been revised to 10% from 5%.
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4 Comments on this Story
Rahul Ambekar5 minutes ago Revising particular stocks circuit up and down wont suffice the effectiveness of fundamentals of that stocks. There should be proper guidelines for the circuit categorized as per the market capitalization. This will make more clarity and will be more justified for all individual companies. | |
Wdias 1 hour ago I do not know how many people trade in penny and down in the dumps stocks. It is very good to keep a portion in them. When right time comes they start rising ,5% everyday. If you hold laks of them the returns can be to the order of 100% in as short as 10 days. In about ten days you make 100% and wait for the next cycle which comes again after some time. In the mean time the demand is kept up by 5% daily cal rules. Thank you sebi and NSE and BSE. | |
Wdias 1 hour ago These restrictions are great to keep buying and selling interest for days together. The whole penny stock trading happens due to these artificial limits which restrict number of shares traded and keeps the interest alive for ages in penny stocks. long live sebi and NSE. |