Global investors sold a net 6.78 billion rupees ($122.4 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 percent to 641.8 billion rupees, or 35.1 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 sold a net 6.37 billion rupees of shares in the cash segment yesterday, according to preliminary data given by the bourse.
To contact the reporter on this story: Paresh Jatakia in Mumbai at email@example.com
To contact the editor responsible for this story: Arijit Ghosh at firstname.lastname@example.org