Bloomberg News

Global Funds Buy Net 11.6 Billion Rupees of Indian Derivatives

April 15, 2012

Global investors bought a net 11.6 billion rupees ($225 million) of Indian equity derivatives on April 13, according to the National Stock Exchange.

Open interest, or the number of contracts outstanding in value terms, rose 3 percent to 707.2 billion rupees, or 32.2 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 1.37 billion rupees of shares in the cash segment on April 13, 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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