Market structure
Circuit limits
Circuit limits / price bands
Circuit limits (price bands) cap a scrip’s daily price movement at a defined percentage. For the full framework, see Circuit filters NSE BSE .
Standard bands
| Band | Used for |
|---|---|
| 2% | Heavily surveilled scrips |
| 5% | Some surveilled |
| 10% | Mid-cap default |
| 20% | Large-cap default |
Effect
- Hit upper circuit: Stock can’t trade higher than the limit today.
- Hit lower circuit: Stock can’t trade lower today.
- Locked at circuit: Limited to existing queued orders.
See also
- Circuit filters NSE BSE
- Upper / lower circuit on Zerodha trading
- Market-wide circuit breakers
- ASM and GSM frameworks explained
- Long-term ASM Stage 1 to 4
- Short-term ASM
- ASM stages 1 to 4 explained
- ASM (Additional Surveillance Measure) on Zerodha
- GSM (Graded Surveillance Measure) on Zerodha
- GSM stage 2+ restrictions
- Trade-to-Trade segment rules
- T2T (Trade-to-Trade) stocks on Zerodha
- Periodic Call Auction stocks
- Surveillance measures and trading risks
- NSE / BSE group meanings (EQ, BE, BZ, T)
- NSE BZ category explained
- SM / M symbols (NSE Emerge / BSE SME)
- Suspended stock holdings on Zerodha
- Penny stock block (nudge) on Kite
- Block deal vs bulk deal on Zerodha
- Large / mid / small-cap classification at Zerodha
- Illiquid stocks SEBI rules
- SLM with trigger outside circuit limits
- How to fix LTP zero on marketwatch
- Market depth view on Kite
- SEBI
- Zerodha
- Kite (Zerodha)
External references
References
- NSE India, Price band framework, nseindia.com.
- SEBI, Circuit filter framework, sebi.gov.in.