Share Market

How do they decide Stocks Upper Circuit limit

Posted By: Admin
September 20, 2022 |

Scope of investment in Stocks touched Day’s upper limit as soon as stock market opened

Upper circuit stocks: Learn About Upper Circuit Limit, Investment opportunity explored, see best stocks 2022

What is the upper circuit and how is it decided?

When stocks reach the maximum limit decided for the day, it is called that the stock has hit the upper circuit. When it happens there are no sellers in the stock and only buying bids can be seen. Upper circuits are calculated based on the previous day’s closing price of the stock. Stock exchanges set up a price band every day to protect investors from a drastic single-day reactive share price hike. In India, the circuit limits are set by the Securities and Exchanges Board of India (SEBI).

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These stocks have shown the way to the Indian stock market as they zoom to upper circuit levels within 15 minutes of opening of market. Investors are always in search of shares like these which can give great returns. See the list below –

Company NameCurrent PriceDifference% Change
Mcleod37.653.409.93
Sikko Industries167.107.955.00
Bombay Super793.1037.755.00
Ankit Metal6.300.305.00
Parsvnath8.400.405.00
Chemfab Alkalis467.2522.255.00
Total Transport 186.058.854.99
TRF340.5516.204.99
DB Realty 119.905.704.99
Cyber Media18.950.904.99
Bigbloc Construction 145.056.904.99
Debock Ind.34.801.654.98
Poddar Housing223.2510.604.98

Can I buy shares if stock has hit the upper circuit?

Since there are only buyers in the stock which has hit the upper circuit, you will not be able to buy that share. However, it depends on investors’ movements.

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Tricks to buy shares which have already hit the upper circuit.

  • Some investors may want to grab the opportunity and book the profit in the share. Hence if you really want to buy the share, keep your bid marked. Though the chances are very less, the trick may work for you.
  • You can also try to buy the stock in other exchanges like sometimes you may get the opportunity to buy the share in BSE which has hit upper circuit in NSE, but rarely the difference is seen.
  • You can buy a future contract of the share.
  • Buy call option of the share.

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