Circuit Breakers, Price Bands, and Market Safeguards

A beginner-friendly, India-specific guide to the safety mechanisms that stop the stock market, and individual stocks, from free-falling or spiking out of control. Built for first-time demat holders, college students, salaried professionals, homemakers, and retirees who have seen a red 'lower circuit' banner on their Zerodha screen and wondered what it actually means. Covers market-wide circuit breakers on the Nifty and Sensex, stock-specific price bands, real Indian episodes like the March 2020 halt, and SEBI's additional surveillance frameworks (ASM and GSM), with practical guidance on how to check circuit limits on Zerodha and Screener.in and avoid getting stuck on the wrong side of one.