Stocks to Watch: Adani Green Energy, State Bank of India, HDFC Bank, Power Grid Corporation

“The domestic market extended the gains and hit fresh highs despite cautiousness among global peers ahead of key US job data this week. The aura of the state election results and other positive factors like above-expected earnings and GDP growth data are supporting the return of FII flows to the Indian market. The RBI’s monetary policy meeting is expected to be status quo however, the commentary on economy growth, foodgrain prices and inflation trajectory will be closely watched,” said Vinod Nair, Head of Research at Geojit Financial Services.

Ambuja Cements shares surge 4% after promoter sells 3% stake via block deal FPIs pull out Rs 21,200 crore so far in August after mega buying in July Multibagger returns: THIS stock has turned Rs 10,000 into over Rs 25 lakh in 20 years Ola Electric shares jump over 16% after flat listing

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.