The foreign institutional investors (FIIs) bought shares worth a net Rs 758.37 crore, while domestic institutional investors (DIIs) sold shares worth a net Rs 138.67 crore in the Indian equity market on September 7, 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.

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The Sensex fell 168.08 points or 0.28% to 59,028.91 while the Nifty was down by 31.20 points or 0.18% to 17,624.40 at the close of trading on Wednesday. 

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The Sensex moved in a high and low band of 59,166.46 and 58,722.89. There were 12 stocks advancing against 18 stocks declining on the index. 

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The Nifty traded in a range of 17,650.75 and 17,484.30. There were 25 stocks advancing against 25 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.