Circuit Breaker Lower Limit for shares

So Adani Total Gas (I mean literally) was falling 20% day after day since Hindenburg report came. Because the circuit breaker control kicked in.

Yesterday for all Adani companies this limit was changed from 20% to 10%

Is this legal or favoratism/corruption?

Hoping they will do something so maximise the spread of the fall.

Is this legal. If so then companies would have 2% limit? more  

The Rs 20,000 Cr follow-on public offer (FPO) is decided to be cancelled. The share price of Adani Enterprises fell way below the FPO price. This is probably the first time that a company has aborted a share sale after it has been fully subscribed. The carnage in the Adani stocks also spread to banks and LIC, which has a massive exposure to the group. more  
It is likely illegal to support biggies more  
Big/wealthy investors, such as Abu Dhabi's International Holding Co. stepped in and ensured that share offer of Adani Enterprises fully subscribed on first day. Small investors stay away amid controversy over Hindenburg report. Unfazed by the charges by Hindenburg report Hafia Port in Israel - deal is contemplated to be signed to develop land in Hafia and establish an AI (artificial intelligence) lab in Tel Aviv. more  
This is a rule in case of lower or upper circuit otherwise the big operators will exploit the situation to their benefit. more  
Sir, Your mail has been received. Thank you for your mail. We will reply shortly J. M. Upadhyay Chanchal Daily Ph. 9427613251 more  
Post a Comment

Related Posts

    • Arrest warrant against Adani

      An arrest warrant has been issued by US authorities against Gautam Adani. So Adani supposedly paid bribes to government officials in India between 2020 and 2024. Of about $250 million or Rs 2000 cr...

      By Sudesh Rai
      /
    • Do brands and babus collude to rip consumer

      13 popular brands were caught doing adulterations in their honey! What happened after that? Some government officials made huge bungalows and we are still buying these becau...

      By Amit Mishra
      /
    • the goings on in SEBI

      readers would recall the harassment suffered by Ms chanda kocchar,ex-cmd icici bank and Ms chitra ramakrishnan NSE chaireperson.am not trying to question the action of the govt.agencies,but it is a...

      By Suresh Dasarathy
      /
    • Kolkata case

      Corruption in the hospital needs to be investigated by CBI. If there is a scam all in power need to be held accountable.

      By Sudesh Rai
      /
    • Hindenburg says India’s stock market regulator is being regulated

      https://hindenburgresearch.com/sebi-chairperson/ This is very worrying if true. A committee under supreme c...

      By Sudesh Rai
      /
    • Fake website

      https://albatraoz.in/products/large-capacity-nylon-crossbody-bag?variant=4396083920...

      By Anjana P K Jain
      /
    • Zee Business cheated people

      A quick summary of the Sebi interim order on Zee business 'experts' these experts would give stock recommendations and make money with the stock move. Never ever buy stocks based on someone recomme...

      By Rajani Thakur
      /
    • By Anonymous Circle member
      /
    • Corruption every phase of life

      We in India talks very long talk on corruption. Matter of fact corruption has increase every Step when you go out of your house and start walking corruption start at lowest level and highest level...

      By Mahendra Doshi
      /
    • World Cup tickets

      The sale of tickets this World Cup will be one of the biggest scams if investigated! It says SOLD everywhere but there’s obviously no full house as we see it on TV. Wh...

      By Rajesh Suri
      /
    • Govts position on black marketing of world cup tickets

      14 oct Ahmedabad, IND v PAK VIP box tickets .. Black market price 1.5 Lakhs !!! Is the Govt permitting these black marketers or they are ok to operate. Where to complain?

      By Dinesh Shah
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)