Factbox - Circuit-breaker rules for stock exchanges

MUMBAI Fri May 16, 2014 8:04am IST

Brokers trade on their computer terminals at a stock brokerage firm in Mumbai August 22, 2013. REUTERS/Danish Siddiqui/Files

Brokers trade on their computer terminals at a stock brokerage firm in Mumbai August 22, 2013.

Credit: Reuters/Danish Siddiqui/Files

Related Topics

MUMBAI (Reuters) - India's election results on Friday could usher in the most profound economic change in a generation if opposition leader Narendra Modi wins a clear mandate for his agenda to revive growth and create jobs.

The BSE Sensex and Nifty hit record highs on Tuesday in anticipation the BJP and its allies would win a majority, raising the prospect of a steep sell-off should they fall short.

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 and Abhishek Vishnoi; Editing by Richard Borsuk)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Market Eye

REUTERS SHOWCASE

Bullish on Equities

Bullish on Equities

Bullish on Indian equities, but gains seen 'less sharp'- Goldman Sachs  Full Article 

Short of Expectations

Short of Expectations

Apple revenue lags Street's view despite strong China growth  Full Article 

Political Economy

Political Economy

Analysis - Watch what markets don't do as world politics turns nasty   Full Article 

Mircosoft Results

Microsoft Results

Microsoft revenue rises, profit falls as Nokia absorbed  Full Article 

Relief For Sahara

Relief For Sahara

Supreme Court could allow Sahara boss to conduct asset sale talks, company says.  Full Article 

Photo

Food Scandal

Five held in China food scandal probe, including head of Shanghai Husi Food   Full Article 

Reuters India Mobile

Reuters India Mobile

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