Circuits limits of sensex and nifty

Like circuit limits on individual stocks, there are restrictions on the movement of indices (Sensex and Nifty). There are 3 types of circuit limits 10%,15% and 20% limits. These circuit limits are applicable for the movement of the indices either in positive direction or in negative direction.

Trading in both the exchanges will come to halt if the movement exceeds the limits in any one of the exchanges.

If the 10% movement takes place before 1:00 p.m. then market will be halted for an hour and if it takes place at or after 1:00 p.m. but before 2:30 p.m. then market will be halted for half an hour. If the movement takes place after 2:30 p.m. then there won’t be any trading halt. Read more

July 5, 2008 | Filed Under Stocks | Leave a Comment

BSE quotes - Circuit limits

The Circuit limits for a stock indicates the maximum and minimum possible price values of a stock on that particular day. The values given on the ’stock reach’ screen are ‘Highest possible price’/'Lowest possible price’ for that day. ‘Circuit limits’ for a stock is necessary to regulate the manipulative or one way price rigging of the Particular stock. Read more

July 5, 2008 | Filed Under Learning, Stocks | Leave a Comment

BSE quotes - Bid Qty / Rate, Ask Rate / Qty

BSE quotes - Bid Qty / Rate

Another most important factor is the Bid Qty. It represents Bid Quantity. It shows the demand for that particular stock at that point of time. This is from buyer’s perspective.

In the above figure, the value of Bid Qty is 76 and Rate is 1820.00. Let’s try to understand what it indicates. It indicates, the demand for this share at that point of time and at a rate of 1820.00 is 76 (shares). Read more