Overseas investors sell Rs 1,200 crore worth derivatives

verseas investors have sold a net Rs 1,200 crore (USD 255 million) worth equity derivatives, according to the National Stock Exchange (NSE).

The derivatives were sold yesterday, a National Stock Exchange spokesperson said, adding that open interest or the number of contracts outstanding in value terms, rose by 4.2 per cent to Rs 57,350 crore.

Overseas investors bought a net Rs 465 crore of shares in the cash segment yesterday, the spokesperson said.