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Tata Steel witnessed a notable block trade on the National Stock Exchange (NSE), signalling renewed institutional interest in the stock. A total of 30,03,705 shares of Tata Steel changed hands in a single block transaction at a price of ₹171.27 per share, taking the aggregate deal value to around ₹51.44 crore.
Block trades of this size are typically executed by institutional investors such as mutual funds, foreign portfolio investors or large domestic institutions, and are conducted outside the normal order-matching mechanism to minimise market impact. While the identities of the buyer and seller were not immediately disclosed, the transaction size stands out against regular trading volumes and is likely to draw attention from market participants tracking flows in metal and cyclical stocks.
The deal comes at a time when sentiment in steel counters is closely linked to global steel prices, Chinese demand trends and domestic infrastructure spending. Traders and investors will now watch subsequent price action and volumes in Tata Steel to gauge whether the block trade reflects accumulation, profit-taking or portfolio rebalancing by large investors. Any follow-through buying or selling in the cash and derivatives segments could offer further cues on the street’s medium-term view on the stock.
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