Price bands relaxed in 109 cases

MUMBAI, MAY 2. The Bombay Stock Exchange informed that it relaxed the circuit filter limit to 12 per cent in 109 instances during the course of trading today.

The BSE executive director, Mr. A. N. Joshi, in a press release stated that the exchange allowed an additional 4 per cent circuit filter limit in 13 scrips in the upward direction while the bourse witnessed transactions in two counters where the scrips hit the maximum 12 per cent price band (upper circuit). The exchange allowed 4 per cent additional circuit filter limit in 96 scrips (downward) and the bourse witnessed transactions in 56 scrips when they hit the maximum 12 per cent price band (lower circuit).

It may be recalled that today was the first day of the relaxation in circuit filters from eight per cent to 12 per cent with a 30 minute cooling period.

- UNI

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Section  : Business
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