Foreign institutional investors (FIIs) sold shares worth net Rs 5,445.25 crore, while domestic institutional investors (DIIs) bought shares worth net Rs 5,350.23 crore in the Indian equity market on November 30, as per provisional data available on the NSE.
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In the month of November, FIIs sold shares worth a net Rs 39,901.92 crore while DIIs bought shares worth a net Rs 30,560.27 crore.
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On Tuesday, BSE Sensex fell 195.71 points or 0.34% to 57,064.87 and the Nifty was down by 70.75 points or 0.41% to 16,983.20. Sensex touched high and low of 58,183.77 and 56,867.51, respectively and there were 13 stocks advancing against 17 stocks declining on the index. Nifty traded in a range of 17,324.65 and 16,931.40 and there were 22 stocks advancing against 28 stocks declining on the index. The broader indices ended in green; the BSE Midcap index rose 0.29%, while the Small cap index was up by 1.45%. The top gaining sectoral indices on the BSE were Consumer Durables up by 2.26%, IT up by 0.95%, Realty up by 0.69%, TECK up by 0.56% and Consumer Discretionary up by 0.49%, while Metal down by 2.34%, Energy down by 1.04%, Bankex down by 0.85%, Auto down by 0.85% and Telecom down by 0.71% 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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