HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED sold 5,44,276 shares in Ansal Housing Limited at Rs 7.01 per share on the NSE.

DILIP NANJI CHHEDA bought 16,800 shares in Bodhi Tree Multimedia Limited at Rs 106.29 per share on the NSE.

Also Read| What is Insolvency and Bankruptcy Code 2016?

KISHAN MUNDRA sold 84,000 shares in CMM Infraprojects Limited at Rs 12.83 per share on the NSE.

VED PRAKASH AGARWAL sold 97,500 shares in DCM Limited at Rs 56.44 per share on the NSE.

Also Read| What is Insolvency and Bankruptcy Code (Amendment) Bill 2021?

MANJULA VENTURES LLP sold 79,846 shares in Hilton Metal Forging Limited at Rs 41.48 per share on the NSE.

SHAH SHARAD KANAYALAL sold 1,80,388 shares in Oriental Trimex Limited at Rs 12.99 per share on the NSE.

Also Read| China extends loans for developers to end mortgage boycott

PRITHVI FINMART PRIVATE LIMITED bought 1,00,000 shares in Rama Steel Tubes Limited at Rs 394.00 per share on the NSE.

L7 HITECH PRIVATE LIMITED sold 2,00,000 shares in Shree Ram Proteins Limited at Rs 120.35 per share on the NSE.

KOMAL sold 120,05,908 shares in Vikas Prop & Granite Limited at Rs 1.00 per share on the NSE.

Also Read| Great Depression to COVID: Top 5 market crashes in American history

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

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| Explained: Difference between RBI’s accommodative, neutral & hawkish stance

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| Explained: Impact of RBI’s repo rate hike on deposits, loans

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.