Brokers said that Badla rates for current settlement was expected to shoot up above 18 per cent as the market was expecting heavy bull liquidation in leading stocks in which a frontline bull operator was active. This liquidation was anticipated with respect to the alleged nexus of this operator with a leading film financier who was arrested by Mumbai police last week.

The market heaved a sigh of relief after the state government clarified that no stock broker would be needlessly harassed. This was evident from the badla rates which reamined at the previous week's level, brokers added. The highlight of Saturday's badla session was three stocks attracting backwardation charges. These included Digital, Britannia and Hero Honda.

Digital attracted backwardation charge of Rs 0.75, Britannia was traded at a backwardation charge of Rs 4.60 and Hero Honda attracted backwardation charge of Rs 0.04. Other prominent stocks which were traded during Saturday's badla session and their weighted badla charges included RIL Rs 0.76, Global Tele Rs 1.70, HFCL Rs 2.69, Ranbaxy Laboratories Rs 1.55, Satyam s Rs 0.90, Silverline Technologies Rs 0.53, ACC Rs 0.36, Cipla Rs 2.38, Dr Reddy's Rs 2.86, HDFC Rs 0.12, HDFC Bank Rs 0.51, Hindalco Rs 1.78, HLL Rs 0.27, Infosys Technologies Rs 13.78, ITC Rs 2.03, MTNL Rs 0.43, Rs Nestle Rs 1.20, Reliance Capital Rs 0.21, RPL Rs 0.14, SBI Rs 0.36, Tata Engg Rs 0.21, Tiscol Rs 0.30, Wipro Rs 5.68 and Zee Rs 0.57. Meanwhile, the BSE has decided to impose additional volatility margin (AVM) on 23 stocks belongining to various groups. Global is the only `A' group stock which will attract AVM of 10 per cent from the new settlement beginning Monday.