Global Funds Buy Net 9.2 Billion Rupees of Indian Derivatives

Global investors bought a net 9.2 billion rupees ($166.8 million) of Indian equity derivatives on Nov. 16, according to the National Stock Exchange.

Open interest, or the number of contracts outstanding in value terms, fell 1.8 percent to 924 billion rupees, according to the exchange’s website. Open interest reached a record 1.6 trillion rupees on Sept. 21, 2010.

Foreign funds bought a net 5.1 billion rupees of shares in the cash segment on Nov. 16, 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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