BP Equities Private Limited bought 1,00,000 shares in Agni Green Power Limited at Rs 22.15 per share on the Nse.

Nimesh Shashikant Mehta sold 1,12,145 shares in Gayatri Projects Limited at Rs 16.02 per share on the Nse.

Also Read| Rakesh Jhunjhunwala portfolio: All about his investments

Saint Capital Fund bought 1,00,000 shares in HP Adhesives Limited at Rs 442.99 per share on the Nse.

Mangalam Laboratories Private Limited sold 90,772 shares in IMP Powers Limited at Rs 7.51 per share on the Nse.

Also Read| Harshad Mehta scam: How Big Bull shook the Indian stock market

Dynasty Acquisition (FPI) Limited sold 12,85,734 shares in Shriram City Union Finance Limited at Rs 36.00 per share on the Nse.

Topgain Finance Private Limited sold 244,69,218 shares in Visesh Infotecnics Limited at Rs 0.80 per share on the Nse.

Also Read| Johnson & Johnson to stop selling talc-based baby powder globally

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.

Also Read| How Paul Volcker tamed inflation with two recessions in 1980s

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.

Also Read| The 2008 market crash: Inside the doomsday machine and a brief history

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.

Also Read| US inflation rate slips from 40-year peak | A timeline: 1930-2022

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.