FII & DII data: Foreign investors bought shares worth Rs 496 crore on January 7, 2022

Foreign institutional investors (FIIs) bought shares worth a net Rs 496.27 crore, while domestic institutional investors (DIIs) sold shares worth a net Rs 115.66 crore in the Indian equity market on January 7, as per provisional data available on the NSE.

In the month of December 2021, FIIs sold shares worth a net Rs 35493.59 crore while DIIs bought shares worth a net Rs 31231.05 crore.

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Sensex rose 142.81 points or 0.24% to 59,744.65 and the Nifty was up by 66.80 points or 0.38% to 17,812.70 in the previous session. Sensex touched high and low of 60,130.18 and 59,401.44, respectively and there were 15 stocks advancing against 15 stocks declining on the index while Nifty traded in a range of 17,905.00 and 17,704.55 and there were 32 stocks advancing against 17 stocks declining, while 1 stock remains unchanged on the index.

Also Read| FII & DII data: Foreign investors bought shares worth Rs 496 crore on January 7, 2022

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.