Shocking things about block deals in stock markets 🤯
Who are the participants of block deals
A must🧵
Let's start with basics⤵️
1. Definition:
It is a single transaction, of a minimum quantity of five lakh shares or a minimum value of Rs 5 crore, between two parties which are mostly institutional players.
2. The transaction happens through a separate trading window.
The deals happen in the beginning of trading hours for a time span of 35 minutes.