Foreign
institutional investors (FIIs) sold shares worth a net Rs 2,319.06 crore, while
domestic institutional investors (DIIs) bought shares worth a net Rs 2,438.31
crore in the Indian equity market on June 23, as per provisional data available
on the NSE.

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In the month of
May 2022, FIIs sold shares worth a net Rs 54,292.47 crore while DIIs bought
shares worth a net Rs 50,835.54 crore.

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Sensex
rose 443.19 points or 0.86% to 52,265.72 and the Nifty was up by 143.35 points
or 0.93% to 15,556.65 in the previous session.

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consumers

Sensex
touched high and low of 52,516.79 and 51,632.85, respectively. There were 27
stocks advancing against 3 stock declining on the index.

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Nifty
traded in a range of 15,628.45 and 15,367.50. There were 45 stocks advancing against
5 stocks declining on the index.

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investors

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.

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.