Hi Rohan! Great article on a topic on which not much information available on internet. Could you please also clarify the following: -

(a) Who fixes the price band and revisions therein (SEBI or Stock Exchnages)?

(b) What is the rule for revising a price band from 20% to 10% and from there to 5% and from there to 20% again? Is there any thumb rule for the same?

Hi Sujan,

Refer to the example of Adhunik metals, for which I’ve given the snapshot of the scrip (at BSE) in the article. The upper limit and lower limits are given as 58.4 and 52.9 respectively. So once the stock either rises above the 58.4 level or falls below the 52.9 level, it enters into a circuit.

I hope this is what you wanted. If you require anything else, please let me know.

Rohan

Hi Amar

I couldn’t get hold of any such site which explains both the rules in detail. This is one of the reasons I wrote this article.

I’ve anyways mentioned the links for both NSE and BSE rules in the article. If you require anything else, please let me know.

Rohan

Thanks for the comment Sujan and sorry for replying so late. I’ll soon put an example in the comments section.

take care

Rohan

hi rohan, can u tell me from where can i find about the rules of circuit filters in detail…for both nse and bse

hey buddy..

nice article..

it will be good if you give some examples on this. considering some assumed thresholds.

keep going buddy..

enjoy..bye..

Hi Ismail,
I already thanked Poonam, so deleted your comment.

Rohan

hi

Thanks for the comment Poonam.

A vry lucid and simple article which will help a layperson to understand about circuit breaker………GREAT JOB!!!!!!!

THNX!