Amid high volatility, the holiday-shortened week saw the Nifty end with 0.4% gains on a weak-on-weak basis. It was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 10,851 crore on screen, which included both buying and selling action.
In the largecap segment, 15 companies witnessed significant block deals on the screen, worth Rs 6,737 crore, led by Axis Bank with 7 block counts, totalling Rs 3,725 crore. The next in line were Adani Ports and Special Economic Zone (Rs 897 crore), HDFC Bank (Rs 309 crore), Mahindra & Mahindra (M&M, Rs 309 crore), Bosch (Rs 296 crore), Larsen & Toubro (L&T, Rs 296 crore), Jindal Steel (M&M, Rs 218 crore) and HDFC LIfe Insurance (Rs 170 crore).
Others were, Cipla, Britannia Industries, Hindustan Unilever (HUL), HCL Technologies, State Bank of India (SBI), ONGC and Gail (India) with block deals between Rs 113 crore and Rs 53 crore.
The data has been compiled by brokerage firm Nuvama and pertains to deals done this week between 8:45 am and 3:30 pm.
Source: Nuvama
In the midcap segment, a dozen companies witnessed prominent block deals on the screen, which were worth Rs 2,959 crore. The leader in the pack was Gland Pharma with deal size standing at Rs 1,559 crore followed by Tata Technologies (Rs 400 crore), Fortis Healthcare (Rs 185 crore) and IDFC First Bank (Rs 177 crore). The others were Yes Bank, Kajaria Ceramics, Delhivery, Biocon, Jubilant Food, Abbott India, Federal Bank and HDFC AMC which saw deals between Rs 129 crore and 39 crore.
Source: Nuvama
As for the smallcap stocks, block deals worth Rs 1,155 crore were struck in 12 companies. The number one spot went to Five Star Business Finance (Rs 417 crore) followed by RBL Bank (Rs 170 crore) and Exide Industries (Rs 87 crore). The others were Inox Wind, Anant Raj, Route Mobile, Electronics Mart, South Indian Bank, Aptus Value Housing Finance, JB Chemicals & Pharmaceuticals, BASF India, Edelweiss Financial Services, which saw deals between Rs 86 crore and 38 crore.
Source: Nuvama
Nuvama also reported prominent bulk, block and insider deals in 4 stocks with details on buyers and sellers. Among them were Gland Pharma with two sellers viz. Lakumi Trust and Nicomac Machinery, which sold shares worth Rs 1,072 crore and Rs 339 crore, respectively. In Axis Bank, Bc Asia Investments, Integral Investments sold shares worth Rs 2,680 crore and 1,564 crore while there were over 30 buyers including Blackstone, BofA Securities, Mirae Asset MF and Nippon India MF.
The other stocks which saw prominent bulk, block and insider deals include Five-Star Business Finance and Protean Egov Technologies.
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