The foreign institutional investors (FIIs) bought shares worth a net Rs 2132.42 crore, while domestic institutional investors (DIIs) sold shares worth a net Rs 1167.56 crore in the Indian equity market on September 9, 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.

The Reserve Bank of India (RBI) said on September 9 that India’s foreign exchange reserves declined by $8 billion to $553.11 billion in the week ended September 2, the lowest level since October 9, 2020.

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The Sensex jumped 104.92 points or 0.18% to 59,793.14 and the Nifty was up by 34.60 points or 0.19% to 17,833.35 on Friday.

The Sensex touched a high of 60,119.80 and a low of 59,634.39. There were 13 stocks advancing against 17 stocks declining on the index.

The Nifty traded in a range of 17,786.00 and 17,925.95. There were 26 stocks advancing against 24 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.

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.