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875 stocks freeze at lower circuit on the BSE

A sharp sell-off in small-sized companies witnessed one out of every five traded stocks locked at the lower circuit on the BSE.

Experts further said that retail investors should be clear on whether they are taking short-term positions based on the sentiment or investing for the long term.
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SI Reporter Mumbai
Of the 3,844 stocks being traded on the BSE, as many as 875 or 22 per cent were locked in the lower circuit levels in Monday's intra-day trade and there were no buyers on these counters, exchange data showed.

A sharp sell-off in small-sized companies witnessed one out of every five traded stocks locked at the lower circuit on the exchange. 

Of these 875, as many as 79 per cent or 694 stocks are from the BSE XT (333), X (166), T (141) and Z (54) group. The equity securities of companies that are only listed/traded at BSE