Volumes on the BSE have consistently been on the rise and managed to sustain levels above the Rs 1,200 crore mark during the week ended September 18, with more than 50 per cent of the business being contributed by only five stocks - Satyam Computers, Zee Telefilms, ITC, Pentafour Software and Reliance.

Among the pivotals, ITC attracted a weighted average badla charge of 20.78 per cent, with the totaloutstanding positions pegged a little above 7.34 lakh shares. Reliance attracted a carryforward charge of Rs 0.47 (weighted average) or 20.42 per cent annualised and Satyam Computers attracted a carryforward charge of 21.06 per cent annualised. "Badla rates were evenly spread out," a BSE broker said, highlighting the fresh positions being built across the board.

Hero Honda attracted the lowest badla charge of 6 per cent annualised. The scrip moved out of the no-delivery phase during the week ended September 5. Another stock that attracted a lower badla charge was Parke Davis. The stock attracted a low badla charge of 11 per cent on account of the steep fall in the outstanding volumes at the counter. The total outstanding volume at the counter stood at 60,000 shares.

Interestingly, SAIL also attracted a lower badla charge of 8 per cent annualised for a phenomenal outstanding volume of 97 lakh shares. According to market sources, the short-sale positions at the counter against the GDRs has been on therise, which reflected on the badla charges.

Zee Telefilms, which touched a new high of Rs 710 at the kerb markets, attracted a badla charge of 19.14 per cent with the carryforward position at 4.63 lakh shares. BASF, which will be traded on the BSE at an ex-bonus price settlement beginning September 21, attracted a backwardation of Rs 75.31 (weighted average). The company had issued a bonus in the ratio of 1:2.