Promoter Jaya Chandrakant Gogri sold 70,000 equity shares in Aarti Surfactants at Rs 1,050.87 per share on the NSE, the bulk deals data showed.

Eriska Investment Fund acquired 31 lakh equity shares in Karda Constructions at Rs 17 per share on the NSE, the bulk deals data showed.

Nalanda India Equity Fund sold 20,21,814 equity shares in Kirloskar Oil Engines at Rs 184.88 per share on the NSE, the bulk deals data showed.

Malabar Select Fund offloaded 4,01,224 equity shares in Krishna Institute of Medical Sciences at Rs 1,319.04 per share on the NSE, the bulk deals data showed.

Trust Capital Services India bought 64 lakh equity shares in National Highways Infra Trust at Rs 101.61 per share, however, ICICI Bank (Trading) sold 84 lakh equity shares in the company at Rs 101.61 per share on the NSE, the bulk deals data showed.

A bulk deal is one in which the total number of shares purchased or sold exceeds 0.5% of the company’s share capital. A bulk deal can be completed using either the usual trading window or the block trading window. When a major FII, mutual fund, or HNI wishes to acquire a huge block of shares in a specific stock, they frequently choose to employ sliced trades throughout the day. This guarantees that businesses take full advantage of market volatility and are able to minimize their overall acquisition costs.

Similarly, in the event of bulk selling, the sliced strategy aids in obtaining a higher selling price. Bulk deals must be notified to the exchange by the broker who executes the trade. If a bulk deal (exceeding 0.5% of the share capital) is conducted through the block window, the trade must be notified to the exchange promptly. If the total buy or sale of a sliced order during the day exceeds 0.5% of the share capital, the bulk deal must be disclosed to the exchange within 1 hour after the closing of the trade.