Bloomberg News

Global Funds Buy Net 2.53 Billion Rupees of Indian Derivatives

January 04, 2012

Jan. 5 (Bloomberg) -- Global investors bought a net 2.53 billion rupees ($47.6 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 percent to 603.4 billion rupees, or 32.7 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 buy a net 1.39 billion rupees of shares in the cash segment yesterday, according to preliminary data given by the bourse.

--Editor: Pradeep Kurup

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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