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Market basics
Also called: Lower circuit limit
A lower circuit is the lowest price a stock is allowed to trade at in a session, set by the exchange as a percentage band below the previous close. When a stock hits it, there are sellers but no buyers at that price.
A stock closed at ₹200 with a 10% band. Its lower circuit is ₹180; orders to sell below that are not accepted for the day.
A lower circuit is the lowest price a stock is allowed to trade at in a session, set by the exchange as a percentage band below the previous close. When a stock hits it, there are sellers but no buyers at that price.
A stock closed at ₹200 with a 10% band. Its lower circuit is ₹180; orders to sell below that are not accepted for the day.