What is circuit breaker that helped trade market from sinking?
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Stock exchanges BSE and NSE today halted trading for 45 minutes as Sensex 10% in the early trade, courtsey the Coronavirus effect. This was the 2nd instance when trading was halted this month. The technical term for trade halting is Circuit Breaker. The market-wide circuit breaker system of BSE and NSE applies at three stages of the index movement, either way at 10%, 15% and 20%, to bring a coordinated halt.