Foreign institutional investors (FIIs) sold shares worth a net Rs 5,871.69 crore, while domestic institutional investors (DIIs) bought shares worth a net Rs 3,980.81 crore in the Indian equity market on April 19, 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 703.59 points or 1.23% to 56,463.15 and Nifty was down by 215.00 points or 1.25% to 16,958.65 in the previous session.

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Sensex touched a high and low of 57,464.08 and 56,009.07, respectively. There were 4 stocks advancing against 26 stocks declining on the index.

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Nifty traded in a range of 17,275.65 and 16,824.70. There were 6 stocks advancing against 44 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.

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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.