What is bulk deal? State the difference between block deal and bulk deal ?

Bulk deal is a trade, where total quantity bought or sold is more than 0.5% of the number of equity shares of a listed company. Bulk deal can be transacted by the normal trading window provided by brokers throughout the trading hours in a day. Bulk deals are market driven and take place throughout the trading day. The stock broker, who facilitates the trade, is required to reveal to the stock exchange about the bulk deals on a daily basis. Bulk orders are visible to everyone. If the bulk deal happens through a single trade, it should be notified to the exchange immediately upon the execution of the order. If it happens through multiple trades, it should be notified to the exchange within one hour from the closure of the trading. Difference between bulk deal and block deal S. No. Basis of Difference Bulk Deal Block Deal 1. Quantity/Value of Security Total quantity bought or sold is more than 0.5% of the number of equity shares of a listed company. In the block deal, the minimum order size for execution of trades shall be ₹10 Crore. 2. Trading Window Normal trading window. Separate trading window. 3. Visibility Bulk deal are visible to everyone. The stock exchanges disseminates the information on block deals such as the name of the scrip, name of the client, quantity of shares bought/sold, traded price, etc. to the general public on the same day, after the market hours.