FII and DII Flows in March 2020
Final for the month: 21 sessions, 2 Mar 2020 to 31 Mar 2020.
Foreign institutional investors (FIIs) were net sellers of Indian equities in March 2020, with a net outflow of ₹65,817 Cr in the cash market across all 21 trading sessions. Domestic institutional investors (DIIs) were net buyers of ₹55,595 Cr, leaving a combined institutional flow of −₹10,222 Cr.
March 2020 is the 1st-largest FII net outflow of the 24 months since Apr 2018, and the 1st-largest DII net inflow.
| Measure | FII / FPI | DII |
|---|---|---|
| Net flow | −₹65,817 Cr | +₹55,595 Cr |
| Gross buying | ₹1,54,904 Cr | ₹1,57,857 Cr |
| Gross selling | ₹2,20,721 Cr | ₹1,02,262 Cr |
| Net-buy / net-sell sessions | 1 / 20 | 20 / 1 |
| Biggest net-sell day | ₹6,596 Cr on 9 Mar 2020 | ₹770 Cr on 26 Mar 2020 |
| Biggest net-buy day | ₹356 Cr on 27 Mar 2020 | ₹5,868 Cr on 13 Mar 2020 |
| Longest selling streak | 18 sessions (2 Mar 2020–26 Mar 2020) | 1 session (26 Mar 2020–26 Mar 2020) |
| Longest buying streak | 1 session (27 Mar 2020–27 Mar 2020) | 17 sessions (2 Mar 2020–25 Mar 2020) |
| Rank in 24 months | 1st-largest outflow | 1st-largest inflow |
Foreign institutions (FII/FPI)
- FIIs bought ₹1,54,904 Cr and sold ₹2,20,721 Cr gross, a net of −₹65,817 Cr.
- FIIs were net buyers on 1 sessions and net sellers on 20.
- The largest single-day net sale was ₹6,596 Cr on 9 Mar 2020.
- The largest single-day net purchase was ₹356 Cr on 27 Mar 2020.
- They sold on 18 consecutive sessions from 2 Mar 2020 to 26 Mar 2020.
Domestic institutions (DII)
- DIIs bought ₹1,57,857 Cr and sold ₹1,02,262 Cr gross, a net of +₹55,595 Cr.
- DIIs were net buyers on 20 sessions and net sellers on 1.
- The largest single-day net sale was ₹770 Cr on 26 Mar 2020.
- The largest single-day net purchase was ₹5,868 Cr on 13 Mar 2020.
- They bought on 17 consecutive sessions from 2 Mar 2020 to 25 Mar 2020.
Every session in Mar 2020
₹ crore. Net is gross buying minus gross selling.
| Date | FII buy | FII sell | FII net | DII buy | DII sell | DII net |
|---|---|---|---|---|---|---|
| 2 Mar 2020 | +₹6,376.10 Cr | +₹7,730.80 Cr | −₹1,354.70 Cr | +₹5,097.50 Cr | +₹3,958.70 Cr | +₹1,138.70 Cr |
| 3 Mar 2020 | +₹5,679.10 Cr | +₹8,094.90 Cr | −₹2,415.80 Cr | +₹6,177.40 Cr | +₹3,042.10 Cr | +₹3,135.20 Cr |
| 4 Mar 2020 | +₹8,228.70 Cr | +₹9,107.10 Cr | −₹878.40 Cr | +₹5,859.60 Cr | +₹5,095.40 Cr | +₹764.10 Cr |
| 5 Mar 2020 | +₹5,980.10 Cr | +₹8,456.90 Cr | −₹2,476.80 Cr | +₹5,056.30 Cr | +₹2,545.40 Cr | +₹2,510.90 Cr |
| 6 Mar 2020 | +₹6,745.50 Cr | +₹10,340.40 Cr | −₹3,594.80 Cr | +₹6,861.40 Cr | +₹4,317.60 Cr | +₹2,543.80 Cr |
| 9 Mar 2020 | +₹6,076.40 Cr | +₹12,672.00 Cr | −₹6,595.60 Cr | +₹9,971.20 Cr | +₹4,996.40 Cr | +₹4,974.80 Cr |
| 11 Mar 2020 | +₹9,721.30 Cr | +₹13,236.70 Cr | −₹3,515.40 Cr | +₹7,345.60 Cr | +₹4,510.10 Cr | +₹2,835.50 Cr |
| 12 Mar 2020 | +₹9,161.00 Cr | +₹12,636.30 Cr | −₹3,475.30 Cr | +₹12,340.10 Cr | +₹8,421.80 Cr | +₹3,918.20 Cr |
| 13 Mar 2020 | +₹8,336.40 Cr | +₹14,364.00 Cr | −₹6,027.60 Cr | +₹13,264.50 Cr | +₹7,396.60 Cr | +₹5,867.90 Cr |
| 16 Mar 2020 | +₹6,909.00 Cr | +₹10,718.90 Cr | −₹3,809.90 Cr | +₹8,198.20 Cr | +₹5,583.60 Cr | +₹2,614.50 Cr |
| 17 Mar 2020 | +₹6,655.50 Cr | +₹10,700.20 Cr | −₹4,044.70 Cr | +₹7,632.00 Cr | +₹4,209.90 Cr | +₹3,422.10 Cr |
| 18 Mar 2020 | +₹6,853.20 Cr | +₹11,938.50 Cr | −₹5,085.40 Cr | +₹11,245.20 Cr | +₹7,608.80 Cr | +₹3,636.40 Cr |
| 19 Mar 2020 | +₹6,766.40 Cr | +₹11,389.40 Cr | −₹4,622.90 Cr | +₹8,692.50 Cr | +₹4,325.10 Cr | +₹4,367.40 Cr |
| 20 Mar 2020 | +₹9,551.00 Cr | +₹12,896.90 Cr | −₹3,346.00 Cr | +₹8,229.40 Cr | +₹5,798.20 Cr | +₹2,431.20 Cr |
| 23 Mar 2020 | +₹5,701.60 Cr | +₹8,690.90 Cr | −₹2,989.30 Cr | +₹6,897.20 Cr | +₹5,815.00 Cr | +₹1,082.20 Cr |
| 24 Mar 2020 | +₹7,407.80 Cr | +₹9,561.10 Cr | −₹2,153.40 Cr | +₹5,860.40 Cr | +₹4,306.70 Cr | +₹1,553.70 Cr |
| 25 Mar 2020 | +₹9,310.20 Cr | +₹11,203.60 Cr | −₹1,893.40 Cr | +₹5,303.20 Cr | +₹4,565.20 Cr | +₹738.00 Cr |
| 26 Mar 2020 | +₹9,423.20 Cr | +₹9,908.00 Cr | −₹484.80 Cr | +₹4,961.40 Cr | +₹5,731.40 Cr | −₹769.90 Cr |
| 27 Mar 2020 | +₹9,000.00 Cr | +₹8,644.20 Cr | +₹355.80 Cr | +₹5,594.30 Cr | +₹3,890.60 Cr | +₹1,703.70 Cr |
| 30 Mar 2020 | +₹4,726.50 Cr | +₹9,090.10 Cr | −₹4,363.60 Cr | +₹6,314.20 Cr | +₹2,763.90 Cr | +₹3,550.30 Cr |
| 31 Mar 2020 | +₹6,295.40 Cr | +₹9,340.30 Cr | −₹3,044.90 Cr | +₹6,955.40 Cr | +₹3,379.20 Cr | +₹3,576.20 Cr |
How Mar 2020 compares
Monthly net flows for the 24 months the rank is measured against, ₹ crore.
| Month | FII net | DII net | Combined | Sessions |
|---|---|---|---|---|
| Mar 2020 | −₹65,816.90 Cr | +₹55,594.90 Cr | −₹10,222.00 Cr | 21 |
| Feb 2020 | −₹12,684.60 Cr | +₹16,933.10 Cr | +₹4,248.50 Cr | 20 |
| Jan 2020 | −₹5,359.40 Cr | +₹1,073.70 Cr | −₹4,285.70 Cr | 23 |
| Dec 2019 | +₹694.20 Cr | −₹740.90 Cr | −₹46.70 Cr | 21 |
| Nov 2019 | +₹12,924.90 Cr | −₹7,970.40 Cr | +₹4,954.50 Cr | 20 |
| Oct 2019 | +₹8,595.60 Cr | +₹4,758.40 Cr | +₹13,354.00 Cr | 20 |
| Sep 2019 | −₹6,624.00 Cr | +₹12,491.00 Cr | +₹5,867.00 Cr | 19 |
| Aug 2019 | −₹14,828.90 Cr | +₹20,933.60 Cr | +₹6,104.70 Cr | 20 |
| Jul 2019 | −₹16,870.40 Cr | +₹20,394.30 Cr | +₹3,523.90 Cr | 23 |
| Jun 2019 | −₹688.30 Cr | +₹3,643.40 Cr | +₹2,955.10 Cr | 19 |
| May 2019 | −₹2,135.90 Cr | +₹5,316.30 Cr | +₹3,180.40 Cr | 22 |
| Apr 2019 | +₹12,749.60 Cr | −₹4,219.40 Cr | +₹8,530.20 Cr | 19 |
| Mar 2019 | +₹32,371.50 Cr | −₹13,930.40 Cr | +₹18,441.10 Cr | 19 |
| Feb 2019 | +₹13,564.70 Cr | −₹566.00 Cr | +₹12,998.70 Cr | 20 |
| Jan 2019 | +₹127.50 Cr | +₹2,146.90 Cr | +₹2,274.40 Cr | 23 |
| Dec 2018 | −₹1,103.50 Cr | +₹375.60 Cr | −₹727.90 Cr | 20 |
| Nov 2018 | +₹4,934.10 Cr | +₹1,309.50 Cr | +₹6,243.60 Cr | 19 |
| Oct 2018 | −₹29,201.00 Cr | +₹26,033.90 Cr | −₹3,167.10 Cr | 21 |
| Sep 2018 | −₹9,468.70 Cr | +₹12,503.90 Cr | +₹3,035.20 Cr | 18 |
| Aug 2018 | −₹2,228.70 Cr | +₹2,822.70 Cr | +₹594.00 Cr | 21 |
| Jul 2018 | −₹2,768.70 Cr | +₹3,845.80 Cr | +₹1,077.10 Cr | 21 |
| Jun 2018 | −₹10,249.10 Cr | +₹14,146.00 Cr | +₹3,896.90 Cr | 21 |
| May 2018 | −₹12,359.50 Cr | +₹15,054.50 Cr | +₹2,695.00 Cr | 22 |
| Apr 2018 | −₹9,620.50 Cr | +₹8,663.90 Cr | −₹956.60 Cr | 20 |
Sector-wise FPI flows
Sector-wise foreign portfolio investment (FPI) figures come from fortnightly disclosures. The reports dated 15 Mar 2020 and 31 Mar 2020 show a net FPI flow of −₹1,22,367 Cr across sectors.
Largest inflows
| Sector | FPI net |
|---|---|
| Insurance | +₹568.00 Cr |
| Consumer Durables | +₹74.00 Cr |
| Commercial Services & Supplies | +₹22.00 Cr |
| Diversified Consumer Services | +₹2.00 Cr |
| Telecommunications Equipment | +₹1.00 Cr |
Largest outflows
| Sector | FPI net |
|---|---|
| Sovereign | −₹50,811.00 Cr |
| Total Financial Services | −₹25,899.00 Cr |
| Oil & Gas | −₹10,346.00 Cr |
| Others | −₹6,278.00 Cr |
| Software & Services | −₹6,181.00 Cr |
Methodology
- Figures are provisional cash-market (equity) trading by FIIs/FPIs and DIIs on NSE, BSE and MSEI, published by the exchanges after each session, in ₹ crore.
- Net is gross buying minus gross selling. Monthly totals are the sum of the daily figures; a net-buy or net-sell day is a session with a positive or negative net.
- A streak counts consecutive trading sessions in the month with the same net direction. Holidays do not break a streak.
- The rank compares this month with every month in the trailing 24-month window shown in the history table. A month still in progress is ranked on its sessions so far.
- Sector-wise FPI net investment is reported fortnightly and covers equity, debt and hybrid investment, so it does not reconcile with the daily cash-market figures.
Data as of 31 Mar 2020. Provisional exchange figures; for research and information only, not investment advice. Markdown version.