FII & DII data: FII offloaded shares worth 1,585 crore on NSE

Foreign institutional investors (FIIs) sold shares worth net Rs 1,585.55 crore, while domestic institutional investors (DIIs) bought shares worth net Rs 782.84 crore in the Indian equity market on December 9, as per provisional data available on the NSE.

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In the month of November, FIIs sold shares worth a net Rs 39,901.92 crore while DIIs bought shares worth a net Rs 30,560.27 crore.

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Sensex rose 157.45 points or 0.27% to 58,807.13 and the Nifty was up by 47.10 points or 0.27% to 17,516.85 in the previous session. The BSE Sensex touched high and low of 58,889.96 and 58,340.85, respectively and there were 15 stocks advancing against 15 stocks declining on the index while The Nifty traded in a range of 17,543.25 and 17,379.60 and there were 26 stocks advancing against 24 stocks declining on the index.

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The broader indices finished in the green; the BSE Mid size index gained 0.38%, while the Small-cap index gained 0.80%. Capital Goods increased by 1.98%, FMCG increased by 1.46%, Energy increased by 1.38%, Telecom increased by 1.14%, and Industrials increased by 1.08%, while Bankex decreased by 0.53%, Finance decreased by 0.39%, Consumer Durables decreased by 0.27%, and Realty decreased by 0.15%.

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FII stands for ‘foreign institutional investor,’ and refers to an investment fund or an investor who puts their money into a country’s assets while being headquartered outside of it. In India, this is a commonly used term to refer to outside entities contributing to the country’s financial markets by investing. On the other hand, ‘DII’ stands for ‘domestic institutional investors.’ Unlike FIIs, DIIs are investors that invest in the financial assets and securities of the country they are currently residing in.

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These investment decisions of both FIIs and DIIs are impacted by political and economic trends. Additionally, both types of investors — foreign institutional investors (FIIs) and domestic institutional investors (DIIs) —  can impact the economy’s net investment flows.