A new 52-week high on India's NSE or BSE means a stock or ETF has traded above every price of the past year. Indian markets add a feature that U.S. readers rarely meet: price bands that stop a stock from moving more than a set percentage in a day. This page shows the list, explains those limits and the index-wide breakers, and sets out the tax points for residents, non-resident Indians and U.S. taxpayers.
What this list shows
The screener lists securities listed in India that are at or above their highest level of the past 52 weeks. India data in this widget is often delayed. Providers differ on whether "high" means the intraday peak or the closing price. ETFs appear when the index or asset they follow reaches a high. The filter is mechanical and is not a recommendation.
Market list widget by TradingView. U.S. data is usually end-of-day; Canadian and Indian data may be delayed. Lists include stocks and ETFs and are mechanical filters, not recommendations.
How to read it
Check the band. If a stock rose by the full daily limit and then stopped, the move may have been capped by the band and buy orders may be waiting, which is often called an upper circuit. The list cannot show queued orders. Compare the percentage change with the stock's band, which NSE publishes daily.
Consider the currency. A rupee price that rises 10% means something different to a dollar-based holder if the rupee weakened over the same period. See the forex rates page for the daily reference rate.
Compare breadth. If many names set highs together, it usually reflects the whole market or a sector. If one small name appears, look at the surveillance flags described below.
What it does not tell you
A high does not say a price is fair, and it does not predict anything. It also does not tell you whether the stock is under additional surveillance, which exchanges apply when price and volume patterns look unusual.
How price limits work in India
Stock bands. NSE lists daily bands of 2%, 5% and 10% either way, and 20% either way for all remaining securities. Securities on which derivative products are available have no fixed band, but NSE sets a 10% operating range to prevent orders at non-genuine prices. The 20% band also applies in the auction market.
Surveillance. NSE says the Additional Surveillance Measure (ASM) framework picks securities using objective parameters set with SEBI, including high-low variation, client concentration, close-to-close price variation, market capitalization, volume variation, delivery percentage, number of unique PANs and the price-to-earnings ratio. A security placed under surveillance can face tighter conditions.
Market-wide breakers. NSE applies index-based circuit breakers at 10%, 15% and 20% moves, triggered by whichever of the BSE Sensex or the Nifty 50 is breached first. Per NSE, the limits are recomputed daily from the previous close, and after a halt the market reopens with a 15-minute pre-open call auction.
| Index move | Trigger time | Market halt |
|---|---|---|
| 10% | Before 1:00 p.m. | 45 minutes |
| 10% | 1:00 p.m. to 2:30 p.m. | 15 minutes |
| 10% | At or after 2:30 p.m. | No halt |
| 15% | Before 1:00 p.m. | 1 hour 45 minutes |
| 15% | 1:00 p.m. to before 2:00 p.m. | 45 minutes |
| 15% | At or after 2:00 p.m. | Rest of the day |
| 20% | Any time in market hours | Rest of the day |
Tax notes for investors
- Indian residents. The Income Tax Department says short-term gains on listed equity shares, where the sale goes through a recognized exchange and securities transaction tax (STT) applies, are taxed at 20% plus surcharge and cess, and that holding "less than 12 months" makes a gain short-term. Long-term gains above ₹1.25 lakh are taxed at 12.5% for transfers on or after July 23, 2024. These pages describe the 1961 Act as amended by the Finance Act, 2026; the Income-tax Act, 2025 took effect on April 1, 2026, so confirm the provisions for your year. Talk to an Indian chartered accountant for Indian returns.
- NRIs. Non-residents invest through special account structures and have their own repatriation rules; see our page on NRE, NRO and FCNR accounts and the notes on the most active Indian securities page.
- U.S. citizens and residents. The gain is computed in dollars under U.S. rules, using exchange rates at purchase and sale, so a rupee gain can look different in dollars. A gain taxed in both countries may be eased by the foreign tax credit and the U.S.-India treaty. Indian mutual funds and ETFs are commonly treated as PFICs; read the PFIC guide.
- Holders of U.S. stock. For the U.S. side of the same idea, see the U.S. new highs page.
U.S. persons who hold Indian accounts should also review the FBAR guide for Indian bank accounts.
Frequently asked questions
What is an upper circuit?
It is the limit above which a stock cannot trade on a given day. Each stock's band is set as a percentage of the previous close.
Why do some stocks have no band?
NSE says securities with derivatives have no fixed price band, and it sets an operating range of 10% for orders instead.
Does an index circuit breaker apply to one stock?
No. It is based on the Sensex or Nifty 50 and halts all equity and equity derivative markets. Single-stock limits are the bands.
How long must I hold Indian shares for the long-term rate?
The Income Tax Department treats listed shares held more than 12 months as long-term.
Official sources
- NSE: Circuit breakers
- NSE: Price bands
- NSE: Additional Surveillance Measure (ASM)
- Income Tax Department of India: Tax on long-term capital gains
- Income Tax Department of India: Tax on short-term capital gains
This page is a plain-language summary. The official source controls if there is any difference.
General information only, not tax, legal or accounting advice for your situation. Rules, limits and deadlines change; confirm the current rules with the official source or a qualified professional before you act. Reading this page does not create a professional relationship with CPA Tax Payroll and Accounting Corp.