Foreign institutional investors (FIIs) sold shares worth a net Rs 1,174.05 crore, while domestic institutional investors (DIIs) bought shares worth a net Rs 1,643.84 crore in the Indian equity market on April 26, 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 rose 776.72 points or 1.37% to 57,356.61 and Nifty was up by 246.85 points or 1.46% to 17,200.80 in the previous session.

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Sensex touched a high and low of 57,442.24 and 56,904.51, respectively. There were 25 stocks advancing against 4 stocks declining, while one stock remain unchanged on the index.

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Nifty traded in a range of 17,064.45 and 17,223.85. There were 42 stocks advancing against 8 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.