Foreign institutional investors (FII) offloaded shares worth net Rs 1,831.84 crore, while domestic institutional investors (DII) added shares worth net Rs 1,469.50 crore on October 18, 2023, according to the provisional data available on the NSE.
For the month till October 18, 2023, FIIs sold shares worth net Rs 12,774.46 crore while DIIs bought shares worth net Rs 11,139.12 crore. In the month of September, FIIs offloaded shares worth net Rs 26,692.16 crore while DIIs added equities worth a net Rs 20,312.65 crore.
The benchmark equity indices settled in the red on Wednesday. The NSE Nifty 50 fell 140.40 points or 0.71% to settle at 19,671.10, while the BSE Sensex shed as much as 551.07 points to 65,877.02.
Foreign institutional investors (FII) or Foreign portfolio investors (FPI) are those who invest in the financial assets of a country while not being part of it. On the other hand, domestic institutional investors (DII), as the name suggests, invest in the country they’re living in. Political and economic trends impact the investment decisions of both FIIs and DIIs. Additionally, both types of investors – foreign institutional investors (FIIs) and domestic institutional investors (DIIs) – can impact the economy’s net investment flows.
