Leading exchange BSE has revised the circuit limit for about 55 stocks including Angel One, Adani Total Gas, APL Apollo Tubes, Cyient, Delhivery, DMart among others.
The price band limits have been adjusted to 10% for 46 stocks, including prominent names like Zomato, YES Bank, Varun Beverages, Tata Elxsi, Paytm, Oil India, Nykaa, and NCC. Additionally, four stocks will now have a 5% circuit limit, while five others will see their limits revised to 2%.
The BSE, from time to time, revises its circuit limits for stocks as part of its risk management framework to curb excessive volatility.
Circuit limits, also known as price bands, are the maximum percentage a stock’s price can move (up or down) during a single trading session. These limits are typically adjusted based on factors like historical volatility, trading activity, and recent price movements of the stock.
