Global Funds Sell Net 6.17 Billion Rupees of Indian Derivatives

Global investors sold a net 6.17 billion rupees ($114 million) of Indian equity derivatives yesterday, according to the National Stock Exchange.

Open interest, or the number of contracts outstanding in value terms, rose 3.6 percent to 916.3 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 7.28 billion rupees of shares in the cash segment yesterday, according to preliminary data given by the bourse.

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