Foreign institutional investors (FIIs) bought shares worth a net Rs 1780.94 crore, while domestic institutional investors (DIIs) sold shares worth a net Rs 230.22 crore in the Indian equity market on July 20, 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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Sensex climbed 629.91 points or 1.15% to 55,397.53 and Nifty was up by 180.30 points or 1.10% to 16,520.85. 

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The Sensex touched a high and low of 55,630.26 and 55,298.23, respectively. There were 22 stocks advancing against 8 stocks declining on the index.

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The Nifty traded in a range of 16,588.00 and 16,490.95. 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.