Bloomberg News

Global Funds Sell Net 16.2 Billion Rupees of Indian Derivatives

November 15, 2012

Global investors sold a net 16.2 billion rupees ($296.2 million) of Indian equity derivatives yesterday, according to the National Stock Exchange.

Open interest, or the number of contracts outstanding in value terms, fell 1.6 percent to 940.7 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 464.5 million 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 pareshj@bloomberg.net

To contact the editor responsible for this story: Arijit Ghosh at aghosh@bloomberg.net


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