MILAN, Jan 27 (Reuters) - Retail investors bought a net of $1.66 billion in equities on Wednesday when a hawkish U.S. Federal Reserve outcome caused wild gyrations on Wall Street, data from Vanda Research showed on Thursday.

That is the highest figure since a peak on November 30 2021, when retail bought a net of more than $2.2 billion.

According to Vanda, the top five biggest net purchases on Wednesday were Apple, the Invesco QQQ exchange traded fund, AMD, Nvidia and Microsoft . (Reporting by Danilo Masoni; Editing by Saikat Chatterjee)