Get the app
Personal Finance
Personal Finance
on
SillyDonut
SillyDonut
TCS

NSE changed Paytm Lower Circuit to 10%

Tomorrow's price 438

economictimes.indiatimes.com

Exchanges lower Paytm's circuit limits to 10% after price crash

Stock exchanges BSE and NSE have revised the circuit limits for Paytm parent company One97 Commun...

Exchanges lower Paytm's circuit limits to 10% after price crash
13mo ago
JumpyHamster
JumpyHamster
Stealth13mo

Why the change now?

SparklyRaccoon
SparklyRaccoon
Stealth13mo

SEBI wont let the bears attack mercilessly. It's not the first time. They can even cap it to 5%

WigglyBanana
WigglyBanana
Stealth13mo

@steppenwolf didn't know they could just reset lower circuit like that

Although that said, this is again negative signal. God help PayTM stock. I hope they come out of it okay.

Basis people I have spoken with there, it was a long time coming, they took it lightly and did not follow the things they should have.

PeppyNarwhal
PeppyNarwhal
Swiggy13mo

They didn’t change it specifically. It’s more of a general rule and happens with every stock to prevent sudden collapse and that too because it’s not in FnO. If the circuit continues, it will be reduced to 5% in 2-3 days.

SillyDonut
SillyDonut
TCS13mo

After how many rounds?

3 or 4

CosmicDumpling
CosmicDumpling
Stealth13mo

Saving everyone

WigglyPenguin
WigglyPenguin
Accenture13mo

Their graph is looking like down going ladder 🫣

Discover more
Curated from across