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Badla rates unchanged at 12 per cent 

Our Markets Bureau  
Mumbai, Dec 9: Badla rates at the Bombay Stock Exchange (BSE) remained unchanged on Saturday at an annual weighted average of 12 per cent. However, during the early part of the session it inched up to 13 per cent as demand for the fund was very high. Later, however, it slipped to normal levels of 12 per cent, said brokers.

The main highlight of Saturday's badla session was HDFC, the only stock attracting backwardation charges of Rs 2.43 per share. Other counters were traded at normal badla rates.

Prominent stocks traded during the badla session on Saturday and their weighted average are as follows: RIL Rs 0.74, Digital Equipment Rs 1.29, Global Tele Rs 2.78, HFCL Rs 3.77, NIIT Rs 4.28, Ranbaxy Laboratories Rs 1.87, Satyam Computers Rs 0.94, Silverline Technologies Rs 0.76, ACC Rs 0.39, BHEL Rs 0.39, Castrol India Rs 0.67, Cipla Rs 1.04, Gujarat Ambuja Cements Rs 0.40, GE Shipping Rs 0.09, HDFC Bank Rs 0.54, Hindalco Rs 1.89, HLL Rs 0.37, Infosys Technologies Rs 18.44, IPCL Rs 0.18, ITC Rs 2.15, L&T RS 0.49, MTNL Rs 0.42, Nestle Rs 0.35, SSI Ltd Rs 4.30, SBI Rs 0.46, Sterlite Industries Rs 0.45, Sterlite Optical Rs 2.40, Tata Engg Rs 0.24, Tata Steel Rs 0.33, Wipro Rs 6.39 and Zee Telefilms Rs 0.78.

Meanwhile, BSE authorities have announced that during the next badla session to be held on December 16, the BPCL stock will be traded for book closure badla (BCB) as the company's transfer books will remain closed to take on record names of shareholders eligible for bonus shares announced by the company earlier this quarter, they added. This also means that this stock will enter the "No Delivery Period" from the settlement period commencing from December 18 for two settlements.

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