Global Funds Buy Net 15 Billion Rupees of Indian Derivatives
By Paresh Jatakia -
2012-02-29T03:43:51Z
Global investors bought a net 15 billion rupees ($307 million) of Indian equity derivatives yesterday, according to the National Stock Exchange.
Open interest, or the number of contracts outstanding in value terms, rose 6 percent to 815.5 billion rupees, or 36.9 percent of the gross market position, according to the exchange’s website. Open interest reached a record 1.6 trillion rupees on Sept. 21, 2010.
Foreign funds bought a net 7.28 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: Arijit Ghosh at aghosh@bloomberg.net
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