SAINT CAPITAL FUND bought 5,25,000 shares in BLS International Services Ltd at Rs 340.00 per share on the NSE.

BANYAN TREE GROWTH CAPITAL L.L.C. sell 19,75,631 shares in HBL Power Systems Limited at Rs 65.25 per share on the NSE.

Also Read| Trade Setup: Top 15 things to know before market opens on April 21, 2022

PREMIER INVESTMENT FUND LIMITED sold 8,83,034 shares in Manali Petrochemicals Limited at Rs 141.04 per share on the NSE. 

ERISKA INVESTMENT FUND LTD bought 1,00,000 shares in Rama Steel Tubes Limited at Rs 430.00 per share on the NSE.

Also Read| Netflix shares plunge more than 35% on lost subscribers

PJS SECURITIES LLP sold 42,55,543 shares in Supreme Engineering Limited at Rs 3.50 per share on the NSE.

ANIL VISHANJI DEDHIA bought 1,40,000 shares in Vaishali Pharma Limited at Rs 107.63 per share on the NSE. 

PREETI JAIN bought 4,00,000 shares in Vaxtex Cotfab Limited at Rs 21.50 per share on the NSE.

Also Read| L&T Infotech, HDFC, ACC and other stocks that moved most on April 20

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| SBI, Axis Bank hikes MCLR on loans, EMI’s to go up

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| NBFCs to make additional disclosures under RBI’s scale-based regulation framework

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| IMF slashes India’s GDP growth forecast by 80 bps to 8.2% for FY23

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.