Stock Market - How does lower circuit work?
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Will the stock hit lower circuit if there are 0 buyers and only sellers?
what is the condition for hitting a lower circuit?
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https://www.desidime.com/comments/permalink/10104676
Yes only seller and no buyer at the lowest price set by exchange for that day (lower circuit price varies with stocks. e.g for f&o stocks If stock is Bajfinance the 1st lower circuit for a day is set 10% and if this lower circuit halt for 15min next lower circuit of 5% more ). On other side lower circuit is 5-10% for different stocks.
https://www.desidime.com/comments/permalink/10104688
does sebi decide's the lc and uc of a company?
https://www.desidime.com/comments/permalink/10105601
0 buyers only sellers so LC hit and vice versa...
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When ppl are ready to sell any particular share at the lowest price possible for the day, still no buyers are available
Then that price is LC