This explains the new rule simply - *Why midcaps are fallings | Indian SME/MSME Business Forum🕺
This explains the new rule simply -
*Why midcaps are fallings*
Till not there was daily limit of 5 to 20 percent .
Now there will be weekly circuit limit , monthly circuit limit , quarterly circuit limit and yearly circuit limit.
Meaning if weekly circuit limit is 30 percent , then stock cannot rise more than 30 percent in a week. It will remain for uc for entire week .
And suppose if the limit for month is 30 percent then after stock rises 30 percent then money is blocked for entire month in that stock . Who will block the money.
*So from 23rd August this stock market drama of limit is going to start*
