You cannot find an official "Index of Badla" for the BSE today because the mechanism is illegal. SEBI correctly argued that Badla created counterparty risk, encouraged excessive speculation, and circumvented delivery requirements. Modern traders now use the and Put/Call ratios as replacements.
The is a window into the soul of the speculator. By monitoring the volume of carry-forward trades and the rates being paid for them, an investor can determine if a market rally is built on solid ground or a house of cards made of debt. Whether you call it Badla, Margin Trading, or Open Interest, tracking leverage is the key to surviving volatile markets. index of badla