Nifty hits lower circuit: Here are the rules and levels to watch

SUMMARY

Ten minutes into trading, the Nifty index hit its lower circuit, down 10 percent at 8,624. Post hitting the circuit, the trading has been halted for the Nifty for a period of 45 minutes. The pre-market trading will now resume at 10:05 am and the market will open again at 10.20 am. Here are the levels to watch and the rules to keep in mind

By CNBC-TV18Mar 13, 2020 10:14:41 AM IST (Updated)

Nifty index hit its lower circuit on Friday, down 10 percent at 8,624. Post hitting the circuit, the trading has been halted for the Nifty for a period of 45 minutes

As of 10:02 pm, the Sensex is trading at 29,687, down more than 3,000 points. It will hit a lower circuit if the level breaches 29,500

Rule 1: If the index falls10 percent, trading is halted for 45 minutes in early trade.

Rule 2: With 15 percent as the trigger limit, the trading halts for 1 hour 45 mins in morning trade.

Rule 3: With 20 percent as the trigger limit, trading is halted for the rest of the day