Global Funds Buy Net 16.2 Billion Rupees of Indian Derivatives
By Paresh Jatakia -
2012-04-19T03:17:36Z
Global investors bought a net 16.2 billion rupees ($314 million) of Indian equity derivatives yesterday, according to the National Stock Exchange.
Open interest, or the number of contracts outstanding in value terms, rose 2.4 percent to 747.6 billion rupees, or 31 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 2.22 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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