Nifty and Bank Nifty Circuit Level amid Corona virus Scare

World Markets are bleeding due to Coronavirus Scare and Crude Crashing 30% overnight. Nifty is already down 500 points and now fall can accentuate further as world markets keep on bleeding.

We have hit 1 20% and 1 10% circuit  after Lok Sabha Election were declared on 16 May 2009.

Lets be prepared with the circuit limit of the market as per NSE

The index-based market-wide circuit breaker system applies at 3 stages of the index movement, either way viz. at 10%, 15% and 20%. These circuit breakers when triggered bring about a coordinated trading halt in all equity and equity derivative markets nationwide.

The market shall re-open, after index based market-wide circuit filter breach, with a pre-open call auction session. The extent of duration of the market halt and pre-open session is as given below:

Nifty Circuit Levels

Bank Nifty Circuit Levels

 

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