Paid by bulls (buyers) to postpone payment.
It told traders exactly how much it would cost to keep a position alive. If the Badla rate exceeded the expected percentage gain of the stock, the trade became unviable. index of badla
When the "Index" or the average rate of Badla rose, it signaled that the market was heavily "long." Too many people wanted to buy shares they couldn't afford to pay for, driving up the cost of borrowing money. Conversely, if Badla rates dropped or turned negative (Ulta Badla), it signaled a massive short-selling wave where sellers were desperate to borrow shares. Why the Index of Badla Mattered Paid by bulls (buyers) to postpone payment
To see how many "carry forward" positions exist in the market. Conclusion index of badla