Overseas funds buy Rs11.97 bn of Indian derivatives

Overseas funds buy Rs11.97 bn of Indian derivatives
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First Published: Fri, Mar 09 2007. 02 11 PM IST
Updated: Fri, Mar 09 2007. 02 11 PM IST
By Paresh Jatakia, Bloomberg
Mumbai: Overseas funds bought a net Rs11.97 billion ($270.3 million) of Indian equity derivatives yesterday, according to figures released by the National Stock Exchange of India Ltd. on its website.
Open interest, or the number of contracts outstanding in value terms, rose 2.2 % to Rs364.31 billion.
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First Published: Fri, Mar 09 2007. 02 11 PM IST
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