Badla rates down
Mumbai: 'Badla' rates have dropped on the Bombay Stock Exchange. The
rates were at a low of 22 per cent to 24 per cent per annum on 7 July compared to 36 per
cent to 42 per cent on the Calcutta Stock Exchange mid-week, dealers claimed.The changed scenario may contribute to the recovery of the market
as the new session begins on 9 August. The aggregate long outstanding positions dropped to
around Rs 1,700 crore from Rs 1,850 crore following liquidations on the last day of the
settlement cycle on 6 August.
Back to News
Review index page
|
