Foreign institutional investors (FIIs) sold shares worth a net Rs 3,438.76 crore, while domestic institutional investors (DIIs) bought shares worth a net Rs 2,051.18 crore in the Indian equity market on November 22, 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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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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On Monday, the BSE Sensex crashed 1,170.12 points to close at 58,465.89, while the Nifty50 fell 348 points to 17,416.50 and formed a large bearish candle on the daily charts. The broader markets also witnessed a steep fall with the Nifty Midcap 100 index falling 3.01 % and Smallcap 100 index declining 2.74 %.

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Asian markets finished mixed as of the most recent closing prices. The Shanghai Composite gained 0.54% and the Nikkei 225 rose 0.13%. The Hang Seng lost 0.44%.

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