Alpha Leon Enterprises LLP, Jain Sanjay Popatlal, and Parth Infin Brokers Pvt Ltd bought 66,000, 40,000 and 44,000 shares at Rs 85.25, Rs 82 and Rs 82 per share respectively in Timescan Logistics while Nikunj Stock Brokers Ltd sold 48,000 shares at Rs 82 per share on the NSE.

Also Read| NSE F&O Ban: SAIL, Vodafone Idea, RBL Bank and others under ban today

KBC Eco Fund continued selling shares of NCC Limited on Wednesday. The bulk deals data published by NSE showed The fund dumped 32,18,381 shares of the construction company.

Emkay Commercial Company Limited bought 60,000 equity shares in Shri Ram Switchgears Ltd at Rs 11.85 per share on the NSE, the bulk deals data showed.

Also Read| FII & DII data: Foreign investors sold shares worth Rs 1,001 crore on January 12, 2022

Choice Equity Broking Private Limited sold 1,00,000 equity shares in Servotech Power Sys Ltd at Rs 108.7 per share.

Suresh Bhatia Associates bought 75,000 equity shares in Trejhara Solutions Limited at Rs 100.69 per share.

Ramireddy Prasuna sold 1,16,006 equity shares in Vertoz Advertising Ltd at Rs 120.15 per share on the NSE, the bulk deals data showed.

Also Read| Stock market midday report: Sensex up 86 points, Nifty around 18,250

Arun Kumar Jain sold 85,000 equity shares in D P Wires Limited at Rs 264.66 per share on the NSE.

Stock Vertex Ventures sold 15,000 equity shares at Rs 331.26 per share in Digjam Ltd.

Hardik Mahendrabhai Shah (HUF) sold 1,26,000 shares in Nupur Recyclers Limited at Rs 174.41 per share on the NSE, the bulk deals data showed.

Also Read| Bitcoin news daily: Data and price analysis for January 13, 2022

Finquest securities Pvt. Ltd bought 93,266 equity shares in GSS Infotech Limited at Rs 131.89 per share.

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.

Also Read| Top 5 cryptocurrencies of the day: BTC up by 2.5%, GAMINGSHIBA trends at no. 1

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.