Foreign institutional investors (FIIs) bought shares worth a net Rs 1637.69 crore, while domestic institutional investors (DIIs) purchased shares worth a net Rs 600.29 crore in the Indian equity market on July 28, 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.

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The Sensex jumped 1041.47 points or 1.87% to 56,857.79 and the Nifty was up by 287.80 points or 1.73% to 16,929.60 on Thursday.

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The BSE Sensex touched a high and low of 56,914.22 and 56,236.45, respectively. There were 25 stocks advancing against 5 stocks declining on the index.

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The NSE Nifty traded in a range of 16,947.65 and 16,746.25. There were 40 stocks advancing against 10 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.