Foreign institutional investors (FIIs) bought shares worth a net Rs 1295.84 crore, while domestic institutional investors (DIIs) sold shares worth a net Rs 257.59 crore in the Indian equity market on July 5, as per provisional data available on the NSE.  

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In the month of June 2022, FIIs sold shares worth a net Rs 58,112.37 crore while DIIs bought shares worth a net Rs 46,599.23 crore.

Sensex slipped 100.42 points or 0.19% to 53,134.35 and Nifty was down by 24.50 points or 0.15% to 15,810.85. 

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Sensex touched a high and low of 53,865.93 and 53,054.30, respectively. There were 11 stocks advancing against 19 stocks declining on the index. 

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Nifty traded in a range of 16,025.75 and 15,785.45. There were 22 stocks advancing against 26 stocks declining, while 2 stocks remained unchanged on the index.

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. 

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.