The correction in badla rates at Saturday's session has been attributed to the sharp decline in value of the carryforward or the long positions in the market. The value of carryforward positions for the week ended June 12 stood at a low of Rs 769 crore. "The day's prominent feature continued to be the favourite counters of the big bull which has driven a group of market players to the door step of financiers," a BSE broker said.

Videocon International recorded a huge carryforward purchase position of 37.41 lakh shares while the sales stood at 11.66 lakh shares. The counterattracted a phenomenal badla charge of 3.39% (weighted average) at the hawala price of Rs 95.