these are called dynamic circuit filters .
This morning prior to market opening I checked Yes bank 290 PE where it closed at 1.20 on Wednesday but today at closing it is at 66 … I think today I understood that buying call or put options are like lottery tickets … either you lose the premium or win big …
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Thanks …
Still not clear apart from the rumour news.
Let’s hope this stock is still the darling of the Big Bull…
Usually once any stocks falls like this, only bad things happen to it later
Every time I have seen investors saying this is good company, these are rumors, there is no proof, management has given clarification
And at the end the stock becomes penny stock
I am not talking about DHFL, I have never even tracked that stock, but I am saying in general once stock moves like this, the end result is mostly worser
So Bandhan Bank which is not a FNO stock but part of Nifty Next 50 index can fall more than 20% on Monday? @siva
I assume it’s only FNO stocks which doesn’t have filters … Bandhan is not traded in futures market …
No it cannot fall more than 20%, you can find circuit limit from NSE website
Then how to hedge this ? Is there any way to short it right before opening the market to avoid 20% loss?
If Bandhan Bank opens at 20% lower circuit, neither can you hedge it nor can anyone even trade it
So what will happen if someone buys it in MIS at current price (20% lower circuit) and there are no buyers till 3:20 to squareoff?
I think automatically convert to CNC but i am not sure
@siva can u clarify on above doubt of @newbietrader
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Then it will be carried for next day, product type is broker related and not exchange related, this is one of the reason we don’t give MIS on all stocks, if it is short and hit upper circuit with no sellers then it can go for short delivery also.
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About the lower circuit, will it be decreased by another 20% on Wednesday (around 90 points lower than today’s price)?
If there is no good news in between its very much possible to open again lower circuit or 10-15% down
This I feel because today market rebounded in second half, and nearly every stock did rebound, but still no buyers for Bandhan Bank
Something is more fishy in DHFL than ones expectations. It will keep downside movement, no hope of any recovery 
. Neither in short-term nor in long-term.
Don’t know about the source authenticity ya but when channels start running news abt some specific scrips, means there is something fishy.
This is a confirmed news. Don’t know at what price he has bought these shares. https://m.economictimes.com/markets/stocks/news/rakesh-jhunjhunwala-laps-up-dhfl-shares-in-worst-quarter-for-stock/amp_articleshow/66215983.cms
