Foreign institutional investors (FIIs) sold shares worth a net Rs 3,245.52 crore, while domestic institutional investors (DIIs) bought shares worth a net Rs 4,108.58 crore in the Indian equity market on February 22, as per provisional data available on the NSE.

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In the month of January 2022, FIIs sold shares worth a net Rs 41,346.35 crore while DIIs bought shares worth a net Rs 21,928.40 crore.

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Sensex declined 382.91 points or 0.66% to 57,300.68 and Nifty was down by 114.45 points or 0.67% to 17,092.20 in the previous session. Sensex touched high and low of 57,505.85 and 56,394.85, respectively. There were 10 stocks advancing against 20 stocks declining on the index. Nifty traded in a range of 17,148.55 and 16,843.80 and there were 18 stocks advancing against 32 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.

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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.