Badla rates go up
Mumbai: Badla rates on the Bombay Stock Exchange rose to around 27 to 29 per cent per annum on 25 September from the average of 20 to 22 per cent per annum in the previous weeks. Badla rates had touched a high of 43 per cent during mid-session before settling around 30 per cent.

The increase is attributed to withdrawal of funds by some financiers, and an increase in long outstanding positions from Rs 2,550 crore to around Rs 2,680 crore last week.

Three stocks -- Digital Equipment, Essel Packaging and Sterlite Industries -- attracted backwardation charges for book closures on account of dividend payments, and Britannia for issue of bonus shares.
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Zee scrip past Rs 5,000 in kerb deals
Mumbai: Zee Telefilms' share price crossed the Rs 5,000-mark in unofficial trading. The scrip touched Rs 5,150 at Lyons Range in Calcutta and about 30,000 shares were traded on 25 September. The stock was quoted around Rs 5,075 in the evening.

The spurt on 25 September is mainly on account of the announcement of the deal between Zee Telefilms and Star TV under which Zee Telefilms will buy out Star's stake in three joint ventures.
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