Disclaimer & Affiliate disclosure: The information provided on this post is for general informational purposes only and should not be considered financial or legal advice. Always consult with a financial advisor or attorney before making any financial decisions. Some of the links in this post are affiliate links, meaning, at no additional cost to you, we will earn a commission if you click through and make a purchase.
Block deals are transactions between two parties that include a minimum of 5 lakh shares or a minimum amount of Rs 5 crores.
The two parties agree to purchase or sell shares at a mutually agreed-upon offer.
The transaction takes place during a special trade session from 9.15 a.m. to 9.50 a.m.
Every trade has to result in delivery.