When does trading stop in the stock market, what happens to lower circuit and upper circuit, know here

Stock Market Crash: There has been a tremendous fall in the stock market today and due to all-round selling, the domestic markets are under tremendous stress. Bank Nifty is leading this decline and is trading at 40304 level with a huge fall of 1343.55 points i.e. 3.23 per cent. Today, a decline of about 2 percent is being seen in the stock market, but the lower circuit is being discussed in the market. Although Indian markets are far away from this level, but if this is the topic of discussion, then this information can be useful for you that what is upper and lower circuit in the stock market.

How is the share market at 1.40 pm

At this time of afternoon, Sensex and Nifty are trading with heavy fall. BSE’s Sensex is trading at 59,145.41 with a decline of 1059.65 points i.e. 1.76 per cent. Apart from this, talking about Nifty, it is trading at 17,552.55 with a huge decline of 339.40 points i.e. 1.9 percent.

Lower circuit in many shares of Adani group

Some stocks of the Adani group have started hitting the lower circuit today, in which the name of Adani Gas is included. The stock of Adani Gas has seen a decline of 20 per cent today and has entered the lower circuit. Adani Power and Adani Wilmar have also hit the lower circuit.

What is lower circuit in indices?

When the index reaches its lowest level on a particular day, a lower circuit can be imposed under an investor protection move to save investors from this fall. When the market falls by 10, 15 or 20 percent, due to this a lower circuit is applied in the market. In such a situation, trading is stopped not only in the market but also in the derivatives market. If there is a 20 percent drop in trading at any point of time, then trading in the market is stopped for that particular day.

what is upper circuit

Trading in the market is stopped when there is a 10 percent rise or fall in the market. If the market falls or rises by more than 10 percent before 1 pm, then trading in the market is stopped for 45 minutes. If the market rises or falls by 10 percent between 1 pm and 2.30 pm, then trading is stopped for 15 minutes.

When was the last lower circuit in the market

The last time Nifty hit lower circuit was on March 13, 2020, when the Indian stock market crashed by 10 per cent due to the global sell-off in Nifty and Sensex and the uproar of Kovid-19. This happened for the first time after January 21, 2008 and after 12 years the lower circuit was installed in the Indian market.

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