Index Based Circuit Nse Bse-2828创业网

The Exchange implements on a quarterly basis (vide SEBI circular SMDRPD/Policy/Cir-37/2001 dated June 28, 2001) the index based market wide circuit breaker system. The system is applicable at three stages of the index movement either way at 10%, 15% and 20%. This circuit breaker brings about a coordinated trading halt in all equity and equity derivative markets nationwide. The market wide circuit breakers would be triggered by movement of either SENSEX or the NSE S&P CNX Nifty whichever is breached earlier. In case of a 10% movement of either of these indices, there would be a 1-hour market halt if the movement takes place before 1 p.m. In case the movement takes place at or after 1 p.m. but before 2.30 p.m. there will be a trading halt for 1/2 hour. In case the movement takes place at or after 2.30 p.m. there will be no trading halt at the 10% level and the market will continue trading. In case of a 15% movement of either index, there will be a 2-hour market halt if the movement takes place before 1 p.m. If the 15% trigger is reached on or after 1 p.m. but before 2 p.m., there will be a 1 hour halt. If the 15% trigger is reached on or after 2 p.m. the trading will halt for the remainder of the day. In case of a 20% movement of the index, the trading will be halted for the remainder of the day. The percentages are calculated on the closing index value of the quarter. These percentages are translated into absolute points of index variations (rounded off to the nearest 25 points in case of SENSEX). At the end of each quarter, these absolute points of index variations are revised and made applicable for the next quarter. On September 28, 2007, the last trading day of the quarter, SENSEX closed at 17291.10 points. The absolute points of SENSEX variation (over the previous day’s closing SENSEX) which would trigger market wide circuit breaker for any day in the quarter between 1st October 2007 and 31st December 2007would be as under: Percentage (+/-) Equivalent Points 10% 1725 15% 2600 20% 3450 www.bullrider.in About the Author: ..bullrider.in/nifty_sensex_circuit.htm How To Pick A Winning Mutual Fund In Order To Make Good Returns By: Shaheen Shaikh – Read on to know about various criteria to help choose the best mutual fund in order to maximize returns. Tags: How Do I Know Whether The Mutual Fund I Choose Is Ideal? By: Shaheen Shaikh – Do not simply go with what your fund manager says. You can conduct your own research about the best funds and whether your folio manager is experienced enough to handle your portfolio. Tags: When Is The Right Time To Buy A Mutual Fund? By: Shaheen Shaikh – Read on to know when you should invest in the best mutual funds in India and why mutual fund NAV matters while choosing a scheme. Tags: Learning The Cheapest Way To Trade Stocks By: Benny Parker – A large number of you staying in India are pondering about how to trade in shares. Tags: Learning The Tricks With E Trade Penny Stocks By: Jim Thomson – Obviously best stocks to day trade are not for the most part that basic. Tags: Learning The Best Way To Trade Stocks By: Benny Parker – Many of you staying in India are wondering about how to trade in shares. Tags: Best Stock Trading Tips By: Jim Thomson – Offer business sector, which incorporates intraday trading, incorporates an extensive measure of threat. The crude oil trading tips can offer the best choices to the traders. Tags: Knowing How To Start Trading In Shares By: Benny Parker – Are you thinking how to start trading in shares? Choosing the best among the numerous forex platforms available today is critical as this software serves as the principle vessel for each trader to execute his actions. Tags: How To Trade In Shares & Gold The Basic Concept By: Benny Parker – Many of you staying in India are wondering about how to trade in shares. Tags: It Portfolio Management Making Things Easier By: Corwin Woods – Whenever trading as a fresher, it is critical to search for security trading methods, which will help you to play safe in the market. Tags: 相关的主题文章: