Foreign institutional investors (FIIs) bought shares worth a net Rs 825.18 crore, while domestic institutional investors (DIIs) purchased shares worth a net Rs 117.79 crore in the Indian equity market on August 2, 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.

The Sensex climbed 20.86 points or 0.04% to 58,136.36 and the Nifty was up by 5.40 points or 0.03% to 17,345.45. 

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The Sensex touched a high and low of 58,328.41 and 57,744.70, respectively. There were 16 stocks advancing against 14 stocks declining on the index.

The Nifty traded in a range of 17,390.15 and 17,215.85. There were 24 stocks advancing against 26 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.