The price band has been capped at 10% for 46 stocks including prominent names like Zomato, YES Bank, Varun Beverages, Tata Elxsi, Paytm, Oil India, Nykaa and NCC. Additionally, four stocks will now have a 5% circuit limit, while the other five stocks will have their limit reduced to 2%.
BSE, from time to time, revises its circuit limits for stocks as part of its risk management framework to prevent excessive volatility.
Circuit limits, also known as price bands, are the maximum percentage that a stock’s price can move (up or down) during a single trading session. These limits are usually set based on factors such as historical volatility, trading activity and recent price movements of the stock.
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