📈 Block deals hit 14-month high in August
Large secondary market deals saw a massive surge in August, reaching the highest volume in the last 14 months. This activity happened as promoters and private equity investors sold stakes across the market in Mumbai. Transactions in August totaled at least ₹80,000 crore, significantly higher than July's ₹48,500 crore. This trend is supported by strong SIP flows into small-cap and mid-cap equity mutual funds. The activity suggests attractive exit opportunities are emerging for large shareholders.