A bulk deal is a purchase or sale transaction of a stock which involves more than 0.5% of the outstanding shares of a listed entity in a single trading day, while a block deal is a stock buy or sell transaction which holds a minimum value of ₹10 crore per trade in a single trading day.

Although retail investors are not able to participate in the large deals due to the size and scale of the transactions, the stock market investors should check details of the bulk and block deals ahead of the opening bell this week, on Monday, March 30.

Block deals on Friday, March 27

Cube Highways Trust: Spark Financial Holdings bought 18,00,000 shares of Cube Highways Trust at an average trade price of ₹146 per share, which was sold by Cube Mobility Investments PTE Ltd on Friday.

Bharti Airtel: Societe Generale sold 3,338,532 shares of the telecom giant at a trade price of ₹1,834.9 per share, which was purchased by BNP Paribas Financial Markets on March 27.

Bajaj Finance: Societe Generale sold 1,218,167 shares of Bajaj Finance at a trade price of ₹882.75 apiece, which was purchased by BNP Paribas Financial Markets on Friday.

Hindalco: Societe Generale sold 5,812,806 shares of the company at ₹868.65 per share, which were bought by BNP Paribas Financial Markets at the same price.

IndiGo (InterGlobe Aviation): Societe Generale sold 763,433 shares of the company at ₹4,294.7 per share, which were bought by BNP Paribas Financial Markets at the same price on March 27.

Mahindra & Mahindra (M&M): Societe Generale sold 376,470 shares of M&M at a trade price of ₹3,128.1 per share, which was purchased by BNP Paribas Financial Markets on March 27.

Top bulk deals on NSE

RPSG Ventures Limited: Marwadi Chandarana Intermediaries Brokers (2,18,811 shares at ₹777.97), QE Securities (2,48,525 shares at ₹777.75), Pace Commodity Brokers (2,11,858 shares at ₹787.89), Pace Stock Broking Services (2,16,287 shares at ₹789.37), Silverleaf Capital Services (4,88,440 shares at ₹786), and Puma Securities (2,00,098 shares at ₹782.69), were among other bulk buyers on Friday.

Among other sellers were Microcurves Trading (6,38,504 shares at ₹785.35), Junomoneta Finsol (5,36,934 shares at ₹784.24), Jump Trading Financial India (2,54,271 shares at ₹788.35), Marwadi Chandarana Intermediaries (2,18,811 shares at ₹767.75), QE Securities (2,58,517 share at ₹779.06), and Irage Broking Services (5,79,369 shares at ₹791.07).

Tourism Finance Corp: Unity Associates sold 32,02,121 shares of the company at ₹63.95 per share, and Ekta Halwasiya sold 39,67,213 shares at ₹64.26 on Friday.

Gujarat Alkalies & Chem: Among the sellers were Microcurves Trading (9,75,795 shares at ₹604.08), Junomoneta Finsol (10,15,849 shares at ₹605.53), Marwadi Chandarana (3,67,389 shares at ₹603.43), and Irage Broking Services (6,14,755 shares at ₹610.11).

Among the bulk buyers were NK Securities Research (8,20,358 shares at ₹605.66), Microcurves Trading (9,75,795 shares at ₹603.68); Marwadi Chandarana Intermediaries Brokers (3,77,389 shares at ₹596.87), and Junomoneta Finsol bought 10,14,550 shares at ₹605.21.

HEG Ltd: QE Securities sold 10,15,391 shares at ₹557.64, NK Securities Research sold 15,60,531 shares at ₹564.31, HRTI Private Limited sold 10,05,558 shares at ₹561.25, Jump Trading Financial India sold 14,82,414 shares at ₹560.39, and Microcurves Trading sold 22,18,794 shares at ₹563.01.

While QE Securities bought 10,03,657 shares at ₹559.25, NK Securities Research purchased 15,60,531 shares at ₹564.04, HRTI Private Limited 10,46,105 shares at ₹560.84, Jump Trading Financial India 14,82,414 shares at ₹560.6, and Microcurves Trading bought 22,18,794 shares at ₹562.76.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

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