11 September 2024, Suzlon Energy again hit a circuit today with a gain of 5 percent, almost within 10 minutes of the market opening.
Today Suzlon Energy opened at Rs 79.34. Yesterday it closed at 78.05. As soon as it opened, this stock saw a gain of 5 percent, after which a circuit was put in it. Let us tell you that after an upper circuit is put in a stock in the market, sellers are not available.
In such a situation, even if you want, you cannot buy that stock at that time. Until the circuit is removed. This has become a common thing in mid cap companies.
Whenever a stock starts rising, an upper circuit is put and when the price of the same stock starts falling, then a lower circuit is put.
In these shares, the money of common people sometimes doubles, doubles, doubles or doubles, but the money of many people also gets stuck.
Disclaimer: Stock market is subject to risks, please consult your financial advisor before investing.
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