25.5% of total stocks traded on BSE hit lower circuit

Out of 2428 shares traded on BSE, 25.57% or 621 stocks hit lower circuit filter today.

The BSE Sensex was down 557.20 points or 3.49% to 15,418.39 after surprisingly weak US employment data heightened fears of a US recession and knocked Asian markets lower.

Out of 621 stocks that were locked in lower circuit filter, 92.75% or 576 were from BSE 'B' and BSE 'S' group.

Lower circuit is the day's minimum possible level to which stock can fall with no buyers available at that point.

The market breadth, indicating overall health of market was quite weak.