Glaxo attracted a backwardation of Rs 5 weighted average, with the badla rate at a high of Rs 2.12. The carryforward sale positions at the counter rose to a high of 1.59 lakh shares. After a gap of over three weeks, UTI's MasterGain also saw short sellers pay a backwardation charge of Rs 0.25 weighted average, reflecting the short positions built up at the counter.Pentafour Software and BPL were traded in the book-bandh vyaj badla category. Both the stocks will enter into the no-delivery category from Monday on the BSE for four consecutive trading cycles.

While Pentafour Software attracted a carryforward charge of 97.07 per cent,with the weighted average badla pegged at Rs 10.89 based on the hawala price of Rs 585, BPL attracted a carryforward charge of 44.58 per cent weighted average. Besides these two, Castrol and Essel Packaging are currently traded in the no-delivery category of the BSE.

Although the carryforward charges hovered around 13 per cent to 15 per cent on an average, some stray deals at the counters of Glaxo, Reliance, Gujarat Ambuja and BSES saw the rates shoot up to 19 per cent during the session. However, they failed to have any substantial impact on the market rates."The market will continue to move on a steady note. However, this would depend on the role of the institutions during the next few days. If they continue to provide fresh supplies in the absence of speculative purchases the index could witness a minor dip," explained a BSE broker.

Among the pivotals, ITC attracted a lower badla charge of 10 per cent annualised based on the weighted average badla charge of Rs 2.17. However, the stock offered acarryforward return of 15.5 per cent.

HLL, which will trade with a weightage of about 20 per cent in the 30-share BSE Sensitive Index from November 16, attracted a carryforward charge of Rs 4.73 weighted average.

Reliance Industries, which was the most talked about stock on Dalal Street this week, attracted a carryforward charge of only Rs 0.35 with its total outstanding quantity pegged at a high of 49.14 lakh shares at the end of the settlement on Saturday.