Mitosis produces two genetically identical cells, while meiosis produces four genetically different cells.
Daughter cells of mitosis are what you call diploid. They are identical to their parent cells. They have the same number of chromosomes as well. Mitosis produces 2 daughter cells.
On the other hand, the daughter cells of meiosis are called haploid. They are genetically distinct. They have half the number of chromosomes as their parent cells. Meiosis produces 4 daughter cells.