DII & FII data: FII offloaded shares worth 2,300 crore on NSE

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Foreign institutional investors (FIIs) offloaded shares worth net Rs 2,300.7 crore
Domestic institutional investors (DIIs) made purchases of net Rs 1,367.8 crore
BSE Sensex settled at 58,795.09 with 454.10 points gains, while the Nifty50 rose 121.30 points to 17,536.30

Written By:Yash

Updated: November 25 2021 05:12:45 PM ET

Foreign institutional investors (FIIs) offloaded Indian equities worth net Rs 2,300.7 crore on Thursday. However, domestic institutional investors (DIIs) made purchases of net Rs 1,367.8 crore, according to provisional exchange data.

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In the month of October, FIIs sold shares worth a net Rs 25,572.19 crore while DIIs bought shares worth a net Rs 4,470.99 crore.

On Wednesday, The BSE Sensex settled at 58,795.09 with 454.10 points gains, while the Nifty50 rose 121.30 points to 17,536.30 and formed a bullish candle on the daily charts. The broader indices ended in green; the BSE Midcap index rose 0.80%, while the Small cap index was up by 0.99%. The top gaining sectoral indices on the BSE were Energy up by 4.61%, Realty up by 1.71%, Healthcare up by 1.65%, Telecom up by 1.64% and Utilities up by 1.41%, while Capital Goods down by 0.27%, Auto down by 0.25%, Finance down by 0.18% and Bankex down by 0.13% were the losing indices on BSE.

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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.

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.

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