Market undestanding for Circular
#alliefin
Reason for selling in Mid and small cap yday could be New BSE rule implies to maintain market integrity and
curb excessive price movement in
securities listed
exclusively on BSE
Trading Platform
For example
Suppose closing price if a xyz stock on 10/08 is 40/.
If It has gone up 6x in last 6months.
Then new rule applicable and new
Range from 11/08 would be
Weekly
Upper 48
Lower 32
Monthly
Upper 52
Lower 30
Quarterly
Upper 64
Lower 24
In few days list of all such companies on whom this new rule applies would be out.
ONLINE FWD..
By: via @AlliesFin Serve Stock Market
