---
title: "FII and DII Flows in March 2020"
canonical: "https://tapetide.com/insight/reports/fii-dii-flows/2020-03"
last_updated: "2020-03-31"
generated_at: "2026-10-25T10:58:15.303Z"
---

# FII and DII Flows in March 2020

How much FIIs and DIIs bought and sold in Indian equities in March 2020: net flows, gross buying and selling, the biggest days, streaks and how the month ranks.

Final for the month: 21 trading sessions, 2020-03-02 to 2020-03-31.

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.

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.

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.

Canonical page: https://tapetide.com/insight/reports/fii-dii-flows/2020-03

- **FII net:** -65816.9
- **FII gross buy:** 154904.4
- **FII gross sell:** 220721.2
- **DII net:** 55594.9
- **DII gross buy:** 157857
- **DII gross sell:** 102261.7
- **Combined net:** -10222
- **Sessions:** 21 (2020-03-02 to 2020-03-31)
- **Month complete:** yes

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.

### Every session in Mar 2020 (₹ crore)

| Date | FII Buy | FII Sell | FII Net | DII Buy | DII Sell | DII Net |
| --- | --- | --- | --- | --- | --- | --- |
| 2020-03-02 | 6376.1 | 7730.8 | -1354.7 | 5097.5 | 3958.7 | 1138.7 |
| 2020-03-03 | 5679.1 | 8094.9 | -2415.8 | 6177.4 | 3042.1 | 3135.2 |
| 2020-03-04 | 8228.7 | 9107.1 | -878.4 | 5859.6 | 5095.4 | 764.1 |
| 2020-03-05 | 5980.1 | 8456.9 | -2476.8 | 5056.3 | 2545.4 | 2510.9 |
| 2020-03-06 | 6745.5 | 10340.4 | -3594.8 | 6861.4 | 4317.6 | 2543.8 |
| 2020-03-09 | 6076.4 | 12672 | -6595.6 | 9971.2 | 4996.4 | 4974.8 |
| 2020-03-11 | 9721.3 | 13236.7 | -3515.4 | 7345.6 | 4510.1 | 2835.5 |
| 2020-03-12 | 9161 | 12636.3 | -3475.3 | 12340.1 | 8421.8 | 3918.2 |
| 2020-03-13 | 8336.4 | 14364 | -6027.6 | 13264.5 | 7396.6 | 5867.9 |
| 2020-03-16 | 6909 | 10718.9 | -3809.9 | 8198.2 | 5583.6 | 2614.5 |
| 2020-03-17 | 6655.5 | 10700.2 | -4044.7 | 7632 | 4209.9 | 3422.1 |
| 2020-03-18 | 6853.2 | 11938.5 | -5085.4 | 11245.2 | 7608.8 | 3636.4 |
| 2020-03-19 | 6766.4 | 11389.4 | -4622.9 | 8692.5 | 4325.1 | 4367.4 |
| 2020-03-20 | 9551 | 12896.9 | -3346 | 8229.4 | 5798.2 | 2431.2 |
| 2020-03-23 | 5701.6 | 8690.9 | -2989.3 | 6897.2 | 5815 | 1082.2 |
| 2020-03-24 | 7407.8 | 9561.1 | -2153.4 | 5860.4 | 4306.7 | 1553.7 |
| 2020-03-25 | 9310.2 | 11203.6 | -1893.4 | 5303.2 | 4565.2 | 738 |
| 2020-03-26 | 9423.2 | 9908 | -484.8 | 4961.4 | 5731.4 | -769.9 |
| 2020-03-27 | 9000 | 8644.2 | 355.8 | 5594.3 | 3890.6 | 1703.7 |
| 2020-03-30 | 4726.5 | 9090.1 | -4363.6 | 6314.2 | 2763.9 | 3550.3 |
| 2020-03-31 | 6295.4 | 9340.3 | -3044.9 | 6955.4 | 3379.2 | 3576.2 |

### Monthly net flows, the 24-month ranking window (₹ crore)

| Month | FII Net | DII Net | Combined | Sessions |
| --- | --- | --- | --- | --- |
| Mar 2020 | -65816.9 | 55594.9 | -10222 | 21 |
| Feb 2020 | -12684.6 | 16933.1 | 4248.5 | 20 |
| Jan 2020 | -5359.4 | 1073.7 | -4285.7 | 23 |
| Dec 2019 | 694.2 | -740.9 | -46.7 | 21 |
| Nov 2019 | 12924.9 | -7970.4 | 4954.5 | 20 |
| Oct 2019 | 8595.6 | 4758.4 | 13354 | 20 |
| Sep 2019 | -6624 | 12491 | 5867 | 19 |
| Aug 2019 | -14828.9 | 20933.6 | 6104.7 | 20 |
| Jul 2019 | -16870.4 | 20394.3 | 3523.9 | 23 |
| Jun 2019 | -688.3 | 3643.4 | 2955.1 | 19 |
| May 2019 | -2135.9 | 5316.3 | 3180.4 | 22 |
| Apr 2019 | 12749.6 | -4219.4 | 8530.2 | 19 |
| Mar 2019 | 32371.5 | -13930.4 | 18441.1 | 19 |
| Feb 2019 | 13564.7 | -566 | 12998.7 | 20 |
| Jan 2019 | 127.5 | 2146.9 | 2274.4 | 23 |
| Dec 2018 | -1103.5 | 375.6 | -727.9 | 20 |
| Nov 2018 | 4934.1 | 1309.5 | 6243.6 | 19 |
| Oct 2018 | -29201 | 26033.9 | -3167.1 | 21 |
| Sep 2018 | -9468.7 | 12503.9 | 3035.2 | 18 |
| Aug 2018 | -2228.7 | 2822.7 | 594 | 21 |
| Jul 2018 | -2768.7 | 3845.8 | 1077.1 | 21 |
| Jun 2018 | -10249.1 | 14146 | 3896.9 | 21 |
| May 2018 | -12359.5 | 15054.5 | 2695 | 22 |
| Apr 2018 | -9620.5 | 8663.9 | -956.6 | 20 |

### Sector-wise FPI: largest inflows

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.

| Sector | FPI Net (₹ crore) |
| --- | --- |
| Insurance | 568 |
| Consumer Durables | 74 |
| Commercial Services & Supplies | 22 |
| Diversified Consumer Services | 2 |
| Telecommunications Equipment | 1 |

### Sector-wise FPI: largest outflows

| Sector | FPI Net (₹ crore) |
| --- | --- |
| Sovereign | -50811 |
| Total Financial Services | -25899 |
| Oil & Gas | -10346 |
| Others | -6278 |
| Software & Services | -6181 |

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Compiled by Tapetide from exchange and regulator disclosures (NSE, BSE, SEBI) unless a section states otherwise — any figure marked unofficial or indicative is not an official disclosure. For research and information only, not investment advice. Generated 2026-10-25T10:58:15.303Z.
