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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
22mo ago
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JumpyHamster
JumpyHamster
Stealth22mo

Why the change now?

SparklyRaccoon
SparklyRaccoon
Stealth22mo

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

WigglyBanana
WigglyBanana
Stealth22mo

@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
Swiggy22mo

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
TCS22mo

After how many rounds?

3 or 4

CosmicDumpling
CosmicDumpling
Stealth22mo

Saving everyone

WigglyPenguin
WigglyPenguin
Accenture22mo

Their graph is looking like down going ladder 🫣

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