Lodha Chanchal Devi acquired 2 lakh equity shares in Aro Granite Industries at Rs 74.16 per share on the NSE, the bulk deals data showed.

Also Read| DII & FII data: FII offloaded shares worth 2,300 crore on NSE

Punjab National Bank sold 9,62,872 equity shares in GTL at Rs 15.6 per share on the NSE, the bulk deals data showed.

Also Read| Stocks that should be on your watchlist on Friday, November 26, 2021

BNP Paribas Arbitrage sold 23,59,500 equity shares in Indiabulls Housing Finance at Rs 221.75 per share and Societe Generale offloaded 27,40,400 equity shares in the company at Rs 221.34 per share on the NSE, the bulk deals data showed.

Also Read| Trade Setup: Top 15 things to know before market opens on November 26, 2021

American Funds Fundamental Investors acquired 26,27,271 equity shares in SIS Ltd at Rs 535 per share on the BSE, the bulk deals data showed.

Also Read| Trending Stocks: Tarsons, Airtel, Indiabulls and others in news today

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.