India's Leading stock exchange Natiional Stock Exchange (NSE) has revised circuit limits for shares of 1,439 companies, including Kingfisher Airlines, Muthoot Finance, Wockhardt, Reliance Media Works, as part of its surveillance action.The revised circuit limits,which ensure that the price of a scrip cannot move upward or /downward beyond a limit set for the day, is effective from Thursday.
The exchange has increased the circuit limit for some stocks, while it has been reduced for others.
NSE has raised the circuit limit for 139 shares like Kingfisher Airlines, Suzlon Energy, UB Engineering, Everonn Education from 5 % to 10 %. It has increased circuitfilter level for companies like Manappuram Finance, Multi Commodity Exchange of India,Muthoot Finance and Wockhardt to 20 % from 5 %.
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