Foreign institutional investors (FIIs) sold shares worth a net Rs 1,598.2 crore, while domestic institutional investors (DIIs) bought shares worth a net Rs 371.41 crore in the Indian equity market on January 14, as per provisional data available on the NSE.

In the month of December 2021, FIIs sold shares worth a net Rs 35,493.59 crore while DIIs bought shares worth a net Rs 31,231.05 crore.

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Sensex fell 12.27 points or 0.02% to 61,223.03 and Nifty was down by 2.05 points or 0.01% to 18,255.75 in the previous session. Sensex touched high and low of 61,324.59 and 60,757.03, respectively and there were 12 stocks advancing against 18 stocks declining on the index while Nifty traded in a range of 18,286.95 and 18,119.65 and there were 20 stocks advancing against 30 stocks declining on the index.

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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.