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Meaning of block deal

This query is : Resolved 

07 May 2018 Please give a Simple explanation as to what is meant by BLOCK DEAL

07 May 2018 A block deal is a transaction of a minimum quantity of 500,000 shares or a minimum value of Rs 5 crore between two parties, wherein they agree to buy or sell shares at an agreed price among themselves.
A bulk deal is a trade where total quantity of shares bought or sold is more than 0.5% of the number of shares of a listed company.

Kindly refer the link below:
https://www.caclubindia.com/articles/understanding-block-deals-and-bulk-deals-in-stock-market-29226.asp



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