Definition
A bulk deal triggers when a single entity (buyer or seller) trades more than 0.5% of a company's total listed shares during normal market hours. These execute through the regular order book and move the price.
A block deal is a minimum ₹10 crore trade executed in a special pre-market window (8:45–9:00 AM). Block deals are negotiated privately between buyer and seller at a price within ±1% of the previous close. They don't impact the regular market price.
Why deals matter
Bulk and block deals reveal institutional positioning that regular volume data might hide. When a marquee investor or a large mutual fund appears in bulk-deal data, it signals their conviction in the stock.
Patterns to watch:
- Repeated buying over multiple days — accumulation
- Promoter buying — insider confidence
- Large exits by known investors — potential red flag
The identity of the buyer/seller is disclosed by NSE and BSE on the same day.
For small and mid-cap stocks, a bulk deal representing 2–3% of shares can significantly shift the supply-demand balance and often precedes multi-week price moves.
How to analyse the data
Check who is buying versus selling. A mutual fund buying is more meaningful than a proprietary trading desk (which might be a short-term trade).
Compare the deal price to the current market price. If a bulk deal happened at ₹500 and the stock is now at ₹480, it suggests the buyer sees value above current levels.
Look at deal size relative to average daily volume. A bulk deal that's 5× the average daily volume is far more significant than one that just barely clears the 0.5% threshold.
Open the deals feed