Block Deal


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 both parties agree to buy or sell shares at an agreed price among themselves & inform stock Exchange. The deal takes place through a separate trading window and they happen at the beginning of trading hours for duration of 35 minutes i.e. from 9.15 am to 9.50 am.Block deals are not visible to the regular market as they happen in a separate window. Every trade has to result in delivery .The Securities and Exchange Board of India (SEBI) made rule that price of a share ordered at the window should range within +1% to -1% of the current market price or the previous day’s closing price.

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