Fidelity Investment Trust Fidelity Series Emerging Markets Fund acquired 3,18,100 equity shares in C E Info Systems (MapmyIndia) at Rs 1,404.47 per share, and Goldman Sachs Funds – Goldman Sachs India Equity Portfolio bought 3,76,708 equity shares at Rs 1,392.99 per share on the NSE, the bulk deals data showed.

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Nirmal Kumar Bathwal acquired 18,96,948 equity shares in Filatex India at Rs 84.76 per share. However, investor Penguin Trading & Agencies sold 28,81,000 equity shares in the company at Rs 81.3 per share on the NSE, the bulk deals data showed.

Aviator Global Investment Fund bought 1.75 lakh shares in Lancer Container Lines at Rs 205 per share on the BSE, the bulk deals data showed.

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In Debock Sale Marketing Ltd, Nanalal Bhanji Dudhaiya bought 42,000 shares, while Ramesh Bhandappa Munnoli and Sunil Kalot each sold 48,000 and 1,02,000 shares at the same price of 136.9 per share on the NSE, as per bulk deals data.

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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.

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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.