Nifty has certain Halting Rules to the stock market timing to help traders and investors, when markets behave very violently, this does not happen frequently but rarely.
we are in the generation where Upper Circuit and Lower Circuit has been achieved in the month of March 2020 because of Corona Virus hits global markets and more deaths reported. Upper and Lower circuit is commonly referred to go up or down by 10%.
Let's consider Upper Limit:
1. Between 9.15 am till 1.00 pm, if the market went up by 10%, then the market will be halted by 45 minutes and after the market opens, 15 mins pre-open session will be held and then the market continues
2. After 1.00 pm, if the market went up by 10%, then the market will be halted by 15 minutes and after the market opens, 15 mins pre-open session will be held and then the market continues
3. At or After 2.30 pm, if the market went up by 10%, No Halt and the market continues
4. Let's take the situation. Before 1 pm, market hits 10%, halted and continues. Again after this, market continues to go up and hit 15%, then market will be halted again by 1 hour and 45 minutes and then 15 mins pre-open session will be held and then the market continues as usual
5. After 10% halting process, If the market hits 15% between 1.00 pm and 2.00 pm, then market will be halted by 45 minutes and then 15 mins pre-open session will be held and then the market continues as usual
6. After 10% halting process, If market hits 15% after 2.00 pm, No Halting, market will have its own riding unless it goes beyond 20%
7. If the market hits 20% at any time of the market hours, that day will be closed for markets
The same above process will be carried out for Lower Limit, when the market falls.
Till now, i have seen only 10% lower limit and upper limit, where market halted for 45 minutes followed by 15 minutes pre-open session and market continued.
Best Regards,
B G Nareshkumar.
we are in the generation where Upper Circuit and Lower Circuit has been achieved in the month of March 2020 because of Corona Virus hits global markets and more deaths reported. Upper and Lower circuit is commonly referred to go up or down by 10%.
Let's consider Upper Limit:
1. Between 9.15 am till 1.00 pm, if the market went up by 10%, then the market will be halted by 45 minutes and after the market opens, 15 mins pre-open session will be held and then the market continues
2. After 1.00 pm, if the market went up by 10%, then the market will be halted by 15 minutes and after the market opens, 15 mins pre-open session will be held and then the market continues
3. At or After 2.30 pm, if the market went up by 10%, No Halt and the market continues
4. Let's take the situation. Before 1 pm, market hits 10%, halted and continues. Again after this, market continues to go up and hit 15%, then market will be halted again by 1 hour and 45 minutes and then 15 mins pre-open session will be held and then the market continues as usual
5. After 10% halting process, If the market hits 15% between 1.00 pm and 2.00 pm, then market will be halted by 45 minutes and then 15 mins pre-open session will be held and then the market continues as usual
6. After 10% halting process, If market hits 15% after 2.00 pm, No Halting, market will have its own riding unless it goes beyond 20%
7. If the market hits 20% at any time of the market hours, that day will be closed for markets
The same above process will be carried out for Lower Limit, when the market falls.
Till now, i have seen only 10% lower limit and upper limit, where market halted for 45 minutes followed by 15 minutes pre-open session and market continued.
Best Regards,
B G Nareshkumar.
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