NSE changed Paytm Lower Circuit to 10%

Tomorrow's price 438

Stock exchanges BSE and NSE have revised the circuit limits for Paytm parent company One97 Communications following a steep price crash caus...

https://economictimes.indiatimes.com/markets/stocks/news/exchanges-lower-paytms-circuit-limits-to-10-after-price-crash/articleshow/107398872.cms

Blair Lee

Stealth

9 months ago

Why the change now?

Jordon Carmden

Stealth

9 months ago

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

Jordon Vernon

Series A Startup

9 months ago

@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.

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Aaron Taye

Swiggy

9 months ago

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.