Global Funds Sell Net 12.6 Billion Rupees of Indian Derivatives
By Paresh Jatakia -
2011-03-08T03:28:39Z
Global investors sold a net 12.6 billion rupees ($281 million) of Indian equity derivatives yesterday, according to the National Stock Exchange.
Open interest, or the number of contracts outstanding in value terms, was little changed at 872.8 billion rupees, or 35.4 percent of gross market position, according to the exchange’s website. Open interest reached a record 1.6 trillion rupees on Sept. 21.
Foreign investors sold a net 922 billion rupees of shares in the cash segment yesterday, according to preliminary data given by the bourse.
To contact the reporter on this story: Paresh Jatakia in Mumbai at pareshj@bloomberg.net
To contact the editor responsible for this story: Stephen Foxwell at sfoxwell@bloomberg.net
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