Factbox - Circuit-breaker rules for stock exchanges

MUMBAI Mon May 12, 2014 10:33am IST

A broker looks at a computer screen while trading at a stock brokerage firm in Mumbai November 11, 2008. REUTERS/Arko Datta/Files

A broker looks at a computer screen while trading at a stock brokerage firm in Mumbai November 11, 2008.

Credit: Reuters/Arko Datta/Files

Related Topics

MUMBAI (Reuters) - Indian markets are so sure the opposition party will win the country's elections that traders are already living in Modi-land, making some regulators and brokers nervous that anything short of a decisive win could spark the worst sell-off in years.

Below are the circuit breaker rules for Indian stock exchanges that were implemented in October 2013. All percentage changes for declines in the benchmark index are calculated from the previous session's close.

* Trigger: 20 Percent

Markets close for rest of the trading session.

* Trigger: 15 Percent

Time Halt duration

Before 1 PM 75 Minutes

Between 1-2 PM 45 Minutes

On or after 2 PM Markets close for the day

* Trigger: 10 Percent

Time Halt duration

Before 1 PM 15 Minutes

1 PM - 2.30 PM 15 Minutes

At or After 2:30 PM No Halt

(Compiled by Himank Sharma; Editing by Richard Borsuk)

FILED UNDER:

Politics

REUTERS SHOWCASE

Fund Raising

Fund Raising

Flipkart raises $700 million in fresh funding.   Full Article 

Reforms Push

Reforms Push

Modi may order insurance, coal reforms if vote delayed - officials.  Full Article 

Reuters Exclusive

Reuters Exclusive

India looks to sway Americans with nuclear power insurance plan  Full Article 

To Boost Growth

To Boost Growth

Crank up public spending to revive growth - chief economic adviser.   Full Article 

Bold Steps

Bold Steps

SpiceJet rescue plan marks bold bet on Indian aviation recovery.   Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Online Sales

Online Sales

Knock knock. Who's there? Amazon's best-selling holiday author.  Full Article 

Hacking Attack

Hacking Attack

N.Korea says did not hack Sony, wants joint probe with U.S.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage