Block deals: Nykaa, Zomato, and CG Consumer Electricals see large trades; stock prices volatile
Block deals are usually carried out in the early morning and afternoon window, and these can influence stock price movements drastically as they typically entail a large number of securities. As such deals are of interest to market participants, a higher degree of volatility as well as increased trading activity are seen on such counters.
![Block deals: Nykaa, Zomato, and CG Consumer Electricals see large trades; stock prices volatile](https://cdn.zeebiz.com/sites/default/files/2024/02/28/282385-marketcrashfallsensexreuters.jpg?im=FitAndFill=(1200,900))
Amid a spurt in volume by over 10 times, the stock of the electrical equipment major was up 1 per cent at the writing of this copy at Rs 293.85 per share.