FII & DII data: FPI sold shares worth Rs 1512 crore on Thursday, June 9, 2022

Foreign institutional investors (FIIs) sold shares worth a net Rs 1512.64 crore, while domestic institutional investors (DIIs) purchased shares worth a net Rs 1624.9 crore in the Indian equity market on June 9, as per provisional data available on the NSE.   

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In the month of May 2022, FIIs sold shares worth a net Rs 54,292.47 crore while DIIs bought shares worth a net Rs 50,835.54 crore.

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Sensex rose 427.79 points or 0.78% to 55,320.28 and Nifty was up by 121.85 points or 0.74% to 16,478.10 in the previous session.

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Sensex touched a high and low of 55,366.84 and 54,507.41, respectively. There were 20 stocks advancing against 10 stocks declining on the index.

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Nifty traded in a range of 16,492.80 and 16,243.85. There were 38 stocks advancing against 12 stocks declining on the index.

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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.

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In India, this is a commonly used term to refer to outside entities contributing to the country’s financial markets by investing. 

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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.