Index Of Badla -

[ \textBadla Index Value = \frac\textTotal Bull Positions \times \textVyaj Rate\textTotal Bear Positions \times \textUndha Rate \times 100 ]

"Badla" is Hindi/Urdu for "exchange" or "substitute." It refers to substituting delivery with a financing fee. index of badla

In simple terms, the Index of Badla is a metric that quantified the volume and cost of carry-forward transactions. "Badla" (also known as Contango in Western markets or Budla in some Asian markets) is a financing system where a trader extends their position from one settlement cycle to the next by paying a premium or receiving a discount. [ \textBadla Index Value = \frac\textTotal Bull Positions