Index Of Badla

While "Index of Badla" is not a standard term for a numerical index (like the Nifty 50), it generally refers to the determined in the Badla session. Here is how the mechanism functioned:

: Used when a buyer wanted to carry forward a long position (paying interest to the seller or financier). index of badla

The was a weighted average calculation published daily by the BSE, representing the prevailing cost (interest rate) of carrying forward positions on a specific stock or the market as a whole. While "Index of Badla" is not a standard

If a buyer didn't have the funds to complete a purchase, a financier (the Badla-wallah ) would pay the exchange on their behalf. The Interest: index of badla