Foreign investors turn buyers of Indian index futures

Foreign institutional investors (FIIs) bought Rs. 1536 crores worth of index futures on Thursday, marking their biggest single-day purchase of these contracts since July 1, regulatory and exchange data shows.

Overall, FIIs bought Rs. 3047 crores worth of index futures as well as options on Thursday, exchange data shows, while also buying Rs. 638 crores worth of Indian cash shares.

Overseas investors have sold a net Rs. 10000 crores of shares since the start of June.

Copyright: Thomson Reuters 2013