Foreign institutional investors (FIIs) sold shares worth a net Rs 2,061.04 crore, while domestic institutional investors (DIIs) bought shares worth a net Rs 1,410.85 crore in the Indian equity market on April 13, as per provisional data available on the NSE. 

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In the month of March 2022, FIIs sold shares worth a net Rs 43,281.31 crore while DIIs bought shares worth a net Rs 39,677.03 crore.

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Sensex fell 237.44 points or 0.41% to 58,338.93 and Nifty was down by 54.65 points or 0.31% to 17,475.65 in the previous session.

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Sensex touched a high and low of 59,003.82 and 58,291.23, respectively. There were 10 stocks advancing against 20 stocks declining on the index. Nifty traded in a range of 17,663.65 and 17,457.40. There were 22 stocks advancing against 28 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.