Tuesday, 20 September 2016

BSE tweaks circuit limit of United Breweries, 9 others

In a circular, the exchange said it has set a circuit limit of 10 percent for United Breweries (Holdings) and McDowell Holdings. 

To curb excessive volatility, stock exchange BSE today revised the circuit limit for share movement of United Breweries   (Holdings) Ltd and McDowell Holdings, which have surged by more than 40 percent in last four trading sessions.

In a circular, the exchange said it has set a circuit limit of 10 percent for United Breweries (Holdings) and McDowell Holdings.

The new limits, effective tomorrow, will ensure stock prices do not go up or down beyond a level during a session.

Since September 14, United Breweries shares jumped by more than 48 percent, while that of McDowell Holdings surged by 46.5 percent during the period under review.

Circuit filter mechanism is used by stock exchanges to keep excessive volatility for a scrip in check. It is the maximum fluctuation that is allowed in a stock, after which trading in it gets suspended if the permissible limit is hit in either direction.

Apart from these two, a limit of 20 percent has been set for Bigbloc Construction Ltd.

The exchange has also fixed a limit of 10 percent for Samruddhi Realty, Oceanaa Biotek Industries, Dhabriya Polywood and Tirupati Tyres.

A limit of 5 percent has also been set for Escorts Finance, Hindusthan National Glass & Industries and AksharChem India.

The circuit filters have been changed from their existing levels in the 10 scrips with effect from September 20.
www.Bigprofitbuzz.com


7 comments:

Neha Agrawal said...

Traders should not waste their time in searching web to get live market updates. They can get live updates on daily basis from Epic Research.

Niveza India said...

Market monitoring U.S. Fed meet ::

Industrial production for the month of July 2016 saw degrowth of 2.4% compared to corresponding period year before mainly on account of weakness in manufacturing and contraction in capital goods production. Cumulative industrial production in the four months of the current fiscal degrew by 0.2% which is the lowest in the last four years. On the inflation front, retail inflation for the month of August came at 5.05% from 6.07% reported in prior month primarily on account of fall in the easing food prices especially vegetables. Market participants would be keeping close vigil on the two major central banks meeting i.e. U.S. Federal Reserve & Bank of Japan (BoJ) which could guide the market's direction. On the one hand, interest rate hike fears by U.S. Fed have receded but still the statement by the Fed would be closely watched. On the BoJ meeting front, the markets are absolutely directionless in terms of what is in the offing which may include anything from a rate cut deeper into negative territory or scale back of ultra easy monetary policy.
Multibagger Stock Ideas

BIGPROFITBUZZ said...

#Performance of the Day (20th Sept 2016)

#Equity Profit Buzz Performance (20th Sept 2016)
1. CENTURYTEX (Profit Rs 9/share)
2. BHARTFORG EQ (Exit Cost to Cost)
3. TATASTEEL (Loss Rs 6/Share)

#Derivative Profit Buzz Performance (20th Sept 2016)
1. CENTURYTEX (Profit Rs 9/share & Rs 12100/Lot)
2. JUBLFOOD FO (Profit Rs 1750/Lot)
3. TATASTEEL (Loss Rs 12000/Lot)

#Nifty Profit Buzz Performance (20th Sept 2016)
1. BANKNIFTY (Profit Rs 2200/Lot)
2. NIFTY (Profit Rs 1950/Lot)

#Option Profit Buzz Performance (20th Sept 2016)
1. JUBLFOOD 900PE (Pending)

#Jackpot Profit Buzz Performance (20th Sept 2016)
1. AXISBANK (Profit Rs 3.85/share & Rs 4360/Lot)

#Multi Profit Buzz Performance (20th Sept 2016)
1. CENTURYTEX (Profit Rs 9/share & Rs 12100/Lot)
2. BHARTFORG EQ (Exit Cost to Cost)
3. JUBLFOOD FO (Profit Rs 1750/Lot)
4. TATASTEEL (Loss Rs 6/Share & Rs 12000/Lot)
5. BANKNIFTY (Profit Rs 2200/Lot)
6. NIFTY (Profit Rs 1950/Lot)
7. JUBLFOOD 900PE (Pending)
www.bigprofitbuzz.com/

Vijay Sharma said...

This is exactly what i was thinking that you posted in this blog today great knowledge you have ,,,,,,,
HNI calls

Krush Bell said...

very nice, good concept, Get more stock market updates from stock market tips

Ajay Tripathi said...

I found it quiet interesting ,Thank you for posting the great content…I was looking for something like this…, hopefully you will keep posting such blogs…

Free Equity Market Tips

Aeldra Robinson said...

You are providing outstanding news, very helpful to people plz keep it up. Very informative blog for the commodity market.This blog contain most information of stock market as well.

Tradorax Reviews