Glossary
/FII Full Form
The full form of FII is Foreign Institutional Investor.
You will still hear this term on business news channels, even though SEBI recently renamed them FPIs. These are massive foreign funds like pension pools from the US or big Wall Street players buying Indian stocks. When FIIs are aggressively buying, the Nifty usually shoots up. But the moment they panic and decide to pull out, the whole Indian market crashes.