Foreign institutional investors (FIIs) sold shares worth net Rs 3,332.21 crore, while domestic institutional investors (DIIs) bought shares worth net Rs 4,611.41 crore in the Indian equity market on November 29, as per provisional data available on the NSE.

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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.

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The BSE Sensex rose 153.43 points or 0.27% to 57,260.58 and the Nifty was up by 27.50 points or 0.16% to 17,053.95 on Monday. The broader indices were trading in red; the BSE Midcap index was down by 0.93%, while the Small cap index was down by 1.90%. The top gaining sectoral indices on the BSE were TECK up by 0.67%, IT up by 0.65%, Consumer Durables up by 0.54%, Energy up by 0.43% and Telecom up by 0.26%, while Utilities down by 2.61%, Realty down by 1.98%, Power-down by 1.97%, Oil & Gas down by 1.51%, PSU down by 1.49% were the top 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.

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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.

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