11-05-2004, 02:33 PM
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One recent example I can quote in this regard is the share price of AKD securities which was Rs. 320 on one day and within a short span perhaps the very next day it fell down to as low as Rs. 74 per share.
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Dont think thatz possible ....... The price of a share can gradually fell. In a single day, it cannot fell beyond 5%..... Thaz the Circuit Braker.... these were introduced back in 1999/2000, thus barring significant movements in prices of stock....after their introduction, price of a share cannot decrease by more than 5% of its last day closing price, Simailarly price cannot increase by more than 7.5% in a single trading day..... When price reaches such barrier, trading in that scrip halts..
Plz check out your data
One recent example I can quote in this regard is the share price of AKD securities which was Rs. 320 on one day and within a short span perhaps the very next day it fell down to as low as Rs. 74 per share.
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
Dont think thatz possible ....... The price of a share can gradually fell. In a single day, it cannot fell beyond 5%..... Thaz the Circuit Braker.... these were introduced back in 1999/2000, thus barring significant movements in prices of stock....after their introduction, price of a share cannot decrease by more than 5% of its last day closing price, Simailarly price cannot increase by more than 7.5% in a single trading day..... When price reaches such barrier, trading in that scrip halts..
Plz check out your data
