Foreign institutional investors (FIIs) sold shares worth a net Rs 2149.56 crore, while domestic institutional investors (DIIs) purchased shares worth a net Rs 1688.39 crore in the Indian equity market on July 4, as per provisional data available on the NSE.  

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In the month of June 2022, FIIs sold shares worth a net Rs 58,112.37 crore while DIIs bought shares worth a net Rs 46,599.23 crore.

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Sensex surged 326.84 points or 0.62% to 53,234.77 and Nifty was up by 83.30 points or 0.53% to 15,835.35 in the previous session.

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Sensex touched a high and low of 53,301.99 and 52,674.81, respectively. There were 24 stocks advancing against 6 stocks declining on the index.

Nifty traded in a range of 15,661.80 and 15,852.35. There were 36 stocks advancing against 14 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. 

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.