Bulk & block deals
Everything else on this terminal that says who owns a company is quarterly and late. A shareholding pattern arrives weeks after the quarter it describes, and a fund that bought in October and was out again in December appears in neither one. A bulk deal is published the evening it is done, with the client’s name on it.
A bulk deal is any trade crossing 0.5% of a company’s listed shares, netted across the session per client. A block deal is a pre-negotiated trade done in its own window with a floor of ₹10 crore. They are different things and the exchange files them separately, so the chips below keep them apart.
One trade is often filed four times. A large deal crosses both thresholds, so it appears in the bulk file and the block file, and both sides of a block deal are always filed. The table below is the record as the exchange published it — every row, tagged with which file it came from — while the figures above it count each trade once, on the larger of its two sides. That is why the total is smaller than adding up the rows.
| Company | Client | Side | Shares | Price | Value (Cr) | % of m-cap | Day |
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How to read one
A deal has two sides and the file shows you one of them at a time. The exchange publishes a row per client per side, so a placement sold by one holder to nine funds arrives as ten rows about a single event. That is why the panel above the table groups by company: the honest unit is “what happened in this stock today”, not “which single row was biggest”.
The price is a weighted average, not a print. Where a client traded through the session, the exchange nets it and publishes one price for the lot — so a deal struck a rupee below the close is not necessarily a discount, it is an average of a day.
A name on both sides is usually not a change of hands. Market makers, arbitrage desks and index funds appear constantly and on both sides, and the “Market Maker” remark the exchange sometimes attaches is worth reading before drawing anything from a row.
Why the value column matters more than the size
Shares traded says nothing on its own — a million shares of a ₹12 stock and a thousand shares of a ₹12,000 one are the same trade. The value in crore is the comparable number, and the share of market capitalisation beside it is what says whether it was a placement or a rounding error.