Foreign investors buy $256M of Indian derivatives

Overseas investors bought a net 12bn rupees ($256m) of Indian stock derivatives yesterday, according to the National Stock Exchange. Open interest, or the number of contracts outstanding in value terms, rose 0.8 per cent to 837.5bn rupees, according to figures on the exchange’s Web site. Foreign funds sold a net 1.1bn rupees of shares in the cash segment yesterday, according to preliminary data given by the bourse.