New Delhi, April 15 -- The Indian equity market closed FY25 with a record-breaking performance in bulk and block deals, clocking a total transaction value of Rs.9.4 trillion, 3% higher than FY24's Rs.9.1 trillion and the highest so far.

Yet, beneath this stellar figure lies a tale of two halves. The first six months boomed with high-value trades and institutional enthusiasm. This quickly reversed into a sobering decline in the second half as global turbulence (underlined by a tariff-trigger-happy Donald Trump), tepid corporate earnings, and investor caution took centre stage.

At the same time, analysts are sharply divided over the outlook for block deals in the current fiscal (FY26).

Bulk and block deals are large trades in the stock m...