FII, DII data- FPIs sold shares worth Rs 3364 cr, DIIs bought shares worth Rs 2711 cr on September 28, Thursday

FII, DII data: FPIs sold shares worth Rs 3364 cr, DIIs bought shares worth Rs 2711 cr on September 28, Thursday

Foreign institutional investors (FII) offloaded shares worth net Rs 3,364.22 crore, while domestic institutional investors (DII) added shares worth net Rs 2,711.48 crore on September 28, 2023, according to the provisional data available on the NSE.

For the month till September 28, 2023, FIIs sold shares worth net Rs 25,006.46 crore, while DIIs bought shares worth net Rs 17,561.16 crore. In the month of August, FIIs offloaded shares worth net Rs 20,620.65 crore while DIIs added equities worth net Rs 25.16.95 crore.

On Thursdays, the market witnessed a sharp sell-off and benchmark domestic indices settled in red. The NSE Nifty 50 tumbled 192.90 points, or 0.98%, to settle at 19,523.55, while the BSE Sensex tanked 610.37 points to 65,508.32.

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.