Foreigners’ Derivatives Bets At Record $124 Billion In India

With Indian stocks hitting successive records, global funds have pushed up their derivatives wagers to unprecedented levels. 

By Monday, foreign institutional investors owned more than Rs 10 lakh crore ($124 billion) of options and futures on equity indexes and single stocks listed on the National Stock Exchange, according to data compiled by Bloomberg. At the same time, they bumped up their bullish bets on index futures, including those tied to the NSE Nifty 50 gauge, to almost 5.4 lakh contracts — the highest level since 2015.