India new 52-week lows are the NSE and BSE securities whose price has just traded below everything seen in about the past year. Indian markets cap how far a single stock can fall in a day, so a low is often reached in steps, and the exchanges also have tools for shares whose prices look disconnected from fundamentals. This page explains lower circuits and surveillance, then sets out how a loss on listed shares is set off and carried forward under the Income-tax Act, 2025, with notes for NRIs and for U.S. and Canadian taxpayers.
What are India new 52-week lows?
Each row is a security whose latest price dropped below its lowest price of the previous 52 weeks. Stocks and ETFs appear together; check the name or the fund's description. Data is typically delayed, and price adjustments for splits or bonuses can differ between providers. The columns are explained on the India most active page, and the opposite list is on the India 52-week highs page.
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.
What is a lower circuit?
A lower circuit is the bottom of the price band for the day. SEBI's master circular describes individual price bands of up to 20% either way for scrips in rolling settlement other than those with derivatives. For stocks with derivatives, dynamic price bands start at 10% of the previous day's close and are relaxed in calibrated steps when the price keeps moving in one direction. Orders beyond the band are not accepted, so a seller may have to wait for a buyer at the band price.
Market-wide, the exchanges halt trading if the Nifty 50 or the Sensex falls 10%, 15% or 20%. NSE's table gives halt durations that depend on the time of day: a 10% move before 1:00 p.m. means a 45-minute halt followed by a 15-minute pre-open session, and a 20% move at any time ends trading for the day.
When does surveillance step in?
SEBI and the exchanges run a Graded Surveillance Measure for securities whose price is not commensurate with financial health and fundamentals such as earnings, book value, fixed assets, net worth, price-to-earnings multiple and market capitalisation. The measures NSE lists include trade-for-trade settlement, an additional surveillance deposit, once-a-week trading and price freezes. NSE publishes the list of affected securities on its website, so check it before reading anything into a low. NSE's page lists exclusions such as Nifty 500 and BSE 500 constituents, securities already suspended and shares listed through an IPO in the last year.
How are capital losses set off in India?
Chapter VII of the Income-tax Act, 2025 sets the order.
- Within the capital gains head. A short-term capital loss is set off against income from any other capital asset for the year. A long-term capital loss is set off only against income from other long-term capital assets.
- Not against other income. A loss under capital gains cannot be set off against income under any other head.
- Carry forward. Capital losses that cannot be fully set off go forward to the following tax year and onward, but not for more than eight tax years after the year in which the loss first arose.
Hypothetical example: a resident has a long-term loss of Rs 2,00,000 on Example Corp and a short-term gain of Rs 2,00,000 on another stock. The loss cannot reduce the short-term gain, so the short-term gain is taxed in full and the loss is carried forward against future long-term gains. Your Indian Chartered Accountant (CA) confirms the order of set-off and any filing conditions. The Act's loss sections do not contain a wash-sale rule like the U.S. one, though your CA confirms the position for anti-avoidance rules.
Losses across the three countries
| Point | India | United States | Canada |
|---|---|---|---|
| Short-term against long-term gains | Short-term loss: yes; long-term loss: only long-term gains | Netting by character, then across | Net capital loss against taxable capital gains |
| Against salary or other income | No | Up to $3,000 a year | No |
| Carry forward | Up to eight tax years | To later years | Indefinitely; carryback three years |
| Repurchase rule | None in the loss sections | Wash sale, 30 days | Superficial loss, 30 days |
The U.S. and Canadian details are on the USA 52-week lows and Canada 52-week lows pages.
Cross-border notes
- U.S. person. Convert cost and proceeds to dollars at the transaction dates; a weaker rupee can create a larger dollar loss. The loss goes on Form 8949, and the Indian account remains on FBAR and Form 8938. See U.S. taxpayers with India income and assets.
- Canadian resident. Report the loss in Canadian dollars; Indian shares can count toward T1135 cost thresholds.
- NRI. File an Indian return to set off and carry forward a loss; section 121 of the Act allows carry-forward only for a loss determined in a return filed under section 263(1), so ask your CA about timing. See NRI ITR filing step by step.
Our Aurora, Illinois CPA firm handles the U.S. side and coordinates with your Indian CA and Canadian CPA. We do not give investment advice or file Indian returns.
Frequently asked questions
Does a lower circuit mean a stock will keep falling?
No. It only means the price reached the bottom of the day's band.
Can a long-term loss reduce a short-term gain in India?
Under the Income-tax Act, 2025 a long-term capital loss can be set off only against long-term capital gains.
How long can I carry forward a capital loss in India?
No more than eight tax years after the year the loss was first computed.
Is there an Indian wash-sale rule?
The loss sections of the Act do not contain one. Ask your CA about other provisions.
Do my Indian losses reduce U.S. or Canadian tax?
Each country computes its own gain or loss. A loss on the sale can be a capital loss in your U.S. or Canadian return too, subject to that country's rules.
Official sources
- NSE India: Circuit breakers
- SEBI: Master circular for stock exchanges and clearing corporations, Chapter 1, Trading
- NSE India: Graded Surveillance Measure
- Income Tax Department of India: Income-tax Act, 2025 as amended by the Finance Act, 2026
This page summarizes public guidance in plain language. If anything here differs from the official source, the official source controls.
General information only. It is not tax, legal, accounting or immigration advice for your situation, and rules change; confirm the current rules with the official source or a licensed professional in the relevant country.