The foreign institutional investors (FIIs) bought shares worth a net Rs 1449.7 crore, while domestic institutional investors (DIIs) sold shares worth a net Rs 140.73 crore in the Indian equity market on August 8, as per provisional data available on the NSE.  

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In the month of July 2022, FIIs sold shares worth a net Rs 6,567.71 crore while DIIs bought shares worth a net Rs 10,546.02 crore.

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The Sensex jumped 465.14 points or 0.80% to 58,853.07 and the Nifty was up by 127.60 points or 0.73% to 17,525.10. 

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The BSE Sensex touched a high and low of 58,934.90 and 58,266.65, respectively. There were 20 stocks advancing against 10 stocks declining on the index.

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The NSE Nifty traded in a range of 17,548.80 and 17,359.75. There were 34 stocks advancing against 16 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.