Bloomberg News

Global Funds Buy Net 10.1 Billion Rupees of Indian Derivatives

January 26, 2012

Jan. 27 (Bloomberg) -- Global investors bought a net 10.1 billion rupees ($202 million) of Indian equity derivatives on Jan. 25, according to the National Stock Exchange.

Open interest, or the number of contracts outstanding in value terms, declined 30.6 percent to 641.1 billion rupees, or 35.4 percent of the gross market position on the last day of trading in contracts for January, according to the exchange’s website. Open interest reached a record 1.6 trillion rupees on Sept. 21, 2010.

Foreign funds bought a net 11.5 billion rupees of shares in the cash segment on Jan. 25, 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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