Foreign institutional investors (FIIs) sold shares worth a net Rs 1,145.24 crore, while domestic institutional investors (DIIs) bought shares worth a net Rs 486.51 crore in the Indian equity market on April 11, as per provisional data available on the NSE.
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In the month of March 2022, FIIs sold shares worth a net Rs 43,281.31 crore while DIIs bought shares worth a net Rs 39,677.03 crore.
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Sensex fell 482.61 points or 0.81% to 58,964.57 and Nifty was down by 109.40 points or 0.62% to 17,674.95 in the previous session.
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Sensex touched a high and low of 59,355.76 and 58,894.40, respectively. There were 7 stocks advancing against 23 stocks declining on the index. Nifty traded in a range of 17,779.05 and 17,650.95. There were 21 stocks advancing against 29 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.
