The foreign institutional investors (FIIs) bought shares worth a net Rs 1144.53 crore, while domestic institutional investors (DIIs) purchased shares worth a net Rs 632.97 crore in the Indian equity market on September 6, as per provisional data available on the NSE.  

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In the month of August 2022, FIIs bought shares worth a net Rs 22,025.62 crore while DIIs sold shares worth a net Rs 7,068.63 crore.

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The Sensex slipped 48.99 points or 0.08% to 59,196.99 and the Nifty was down by 10.20 points or 0.06% to 17,655.60 on Tuesday.

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The Sensex touched a high and low of 59,566.67 and 58,974.26, respectively. There were 9 stocks advancing against 20 stocks declining, while 1 stock remained unchanged on the index.

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The Nifty traded in a range of 17,764.65 and 17,587.65. There were 20 stocks advancing against 29 stocks declining, while 1 stock remains unchanged 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.