Foreign institutional investors (FII) purchased shares worth net Rs 5,223.51 crore, while domestic institutional investors (DII) sold shares worth net Rs 1,399.18 crore on December 5, 2023, according to the provisional data available on the NSE.
For the month till December 5, 2023, FIIs sold shares worth net Rs 8,886.33 crore while DIIs bought shares worth net Rs 4,846.05 crore. In the month of November, FIIs added shares worth net Rs 5,795.05 crore while DIIs added equities worth net Rs 12,762.14 crore.
Previously, on Tuesday, the NSE Nifty 50 advanced 168.50 points or 0.81% to settle at a record high of 20,855.10, while the BSE Sensex jumped 431.02 points or 0.63% to 69,296.14.
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.
