Badla
Carrying forward of transaction form one settlement period to the next without effecting delivery or payment. Badla involves carrying forward of transaction from one settlement period to the next. The carry-forward is done at the making up price, which is usually the closing price of last day of settlement. A badla transaction attracts the following payments / charges : [as] ‘margin money’ specified by stock exchange board; and [bs] contango or badla charges [interest chargess] determined on the basis of demand & supply forces. |
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