Stock Market - How does lower circuit work?

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Deal Cadet
Card_Baba

Will the stock hit lower circuit if there are 0 buyers and only sellers? 

what is the condition for hitting a lower circuit?


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Deal Subedar Deal Subedar
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When ppl are ready to sell any particular share at the lowest price possible for the day, still no buyers are available

Then that price is LC

Deal Lieutenant Deal Lieutenant
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Yes only seller and no buyer at the lowest price set by exchange for that day (lower circuit price varies with stocks. e.g for f&o stocks If stock is Bajfinance the 1st lower circuit for a day is set 10% and if this lower circuit halt for 15min next lower circuit of 5% more ). On other side lower circuit is 5-10% for different stocks.

Budding Star Budding Star
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does sebi decide's the lc and uc of a company?
Benevolent Benevolent
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0 buyers only sellers so LC hit and vice versa...

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