SBI Cap Trustee Company sold 6 lakh shares of Vivimed Labs at Rs 21.83 per share on Thursday, bulk deal data published on NSE showed.

Emerging India Growth Fund sold 80,000 shares of Mitcon Construction and Engineering Services at Rs 75.40 per share.

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STATSOL RESEARCH LLP sold 14,51,685 shares in Antarctica Graphics Ltd at Rs 2.70 per share on the NSE.

PAYAL JAIN sold 88,000 equity shares in Dynamic Srvcs & Sec Ltd at Rs 40.87 per share on the NSE, the bulk deals data showed.

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VIMLA K picked up 20,000 equity shares in Digjam Ltd at Rs 325.12 per share on the NSE.

PRATEEK JAIN bought 1,00,000 shares in Jainam Fer Alloys (I) Ltd at Rs 100.70 per share on the NSE.

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HARDIK M SHAH sold 248,86,906 equity shares in Visesh Infotecnics Limited at Rs 1.35 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.

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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.

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. 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.