Bofa Securities Europe Sa sold 16,05,400 shares in Delta Corp Limited at Rs 192.56 per share on the Nse.

Rushabh Pravinchandra Shah sold 78,000 shares in Dev Info Technology Limited at Rs 185.01 per share on the Nse.

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Viney Parkash Agarwal sold 1,29,000 shares in Fidel Softech Limited at Rs 60.99 per share on the Nse.

L7 Hitech Private Limited sold 1,31,563 shares in Libas Consu Products Limited at Rs 24.76 per share on the Nse.

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Srinivasa Ravi Pathapati sold 1,85,000 shares in Patel Integrated Logistic at Rs 20.05 per share on the Nse.

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.

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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.

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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.

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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.

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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.