Block, bulk deals hit 14-month high in August at Rs 80,000 crore
Block and bulk trades worth at least ₹80,000 crore were executed during the month - the highest since June 2025. Domestic mutual funds, insurance companies, pension funds, and a clutch of foreign institutions lapped up the increased supply of shares in the market.
The Economic Times reports that August saw a surge in large secondary market deals, reaching their highest level in 14 months at ₹80,000 crore. This increase in block and bulk trades was driven by elevated valuations following a sharp rebound in mid- and small-cap shares, prompting promoters and private equity investors to sell stakes.
Notable deals included Centella Mauritius Holdings selling a 6.67% stake in Aster DM Quality Care for ₹4,451 crore, and Paytm founder Vijay Shekhar Sharma's Resilient Asset Management offloading a 3% stake in One 97 Communications for ₹2,949 crore. The surge in these deals gathered pace in the second half of August, with ₹2.51 lakh crore recorded between May and August, more than double the ₹1.25 lakh crore between January and April.
Brief written by urgent.news from The Economic Times - Top News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.