The foreign institutional investors (FIIs) sold shares worth a net Rs 1706 crore, while domestic institutional investors (DIIs) purchased shares worth a net Rs 470.79 crore in the Indian equity market on August 18, 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.

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The Sensex rose 37.87 points or 0.06% to 60,298.00 and the Nifty was up by 12.25 points or 0.07% to 17,956.50 on Thursday.

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The Sensex touched a high and low of 60,341.41 and 59,946.44, respectively. There were 15 stocks advancing against 15 stocks declining on the index. 

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The Nifty traded in a range of 17,968.45 and 17,852.05. There were 24 stocks advancing against 25 stocks declining, while 1 stock remains unchanged 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.