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Today Market witnessed Rs 9,500 cr worth block deals

Today’s total block deals touched around ₹9,000 to 10,000 crore, reflecting strong trading interest and large institutional activity. The day was marked by significant transactions in major companies across sectors.

Mphasis

Mphasis led the pack with a massive block deal of ₹4,600 crore. Blackstone sold a 9.5% stake, making it the largest deal of the day and a key driver behind the high turnover.

Paytm

Paytm saw a block deal worth ₹1,600 crore, where Safepartner sold a 2% stake. This deal highlighted continued investor reshuffling in the fintech space.

ITC

ITC recorded sizeable block trades close to ₹1,900 crore. The identity of the buyer and seller in this deal was not disclosed, but the transaction added significantly to overall volume.

Coforge

Coforge witnessed a block trade of ₹600 crore involving 10 lakh shares. These traded within the price range of ₹6,000 to ₹6,100 per share, reflecting steady interest.

Emcure Pharma

Emcure Pharma had a ₹500 crore block deal with Bain Capital acting as the seller, showing activity in the pharma sector.

Zincalogistics (BlackBuck)

Zincalogistics, part of BlackBuck group, posted a block deal worth ₹240 crore. The sellers included 2 to 4 promoter entities from the group.

Overall Market Activity

Heavy block deal activity from Mphasis and ITC lifted the total turnover above ₹9,500 crore today. This indicates robust institutional participation and market liquidity.

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