FII and DII Flows in March 2023
Final for the month: 21 sessions, 1 Mar 2023 to 31 Mar 2023.
Foreign institutional investors (FIIs) were net buyers of Indian equities in March 2023, with a net inflow of ₹1,998 Cr in the cash market across all 21 trading sessions. Domestic institutional investors (DIIs) were net buyers of ₹30,549 Cr, leaving a combined institutional flow of +₹32,546 Cr.
March 2023 is an FII net inflow, ranking 22nd of 24 by outflow over the 24 months since Apr 2021, and the 9th-largest DII net inflow.
| Measure | FII / FPI | DII |
|---|---|---|
| Net flow | +₹1,998 Cr | +₹30,549 Cr |
| Gross buying | ₹1,75,539 Cr | ₹1,39,075 Cr |
| Gross selling | ₹1,73,541 Cr | ₹1,08,526 Cr |
| Net-buy / net-sell sessions | 8 / 13 | 19 / 2 |
| Biggest net-sell day | ₹3,087 Cr on 14 Mar 2023 | ₹938 Cr on 8 Mar 2023 |
| Biggest net-buy day | ₹12,771 Cr on 2 Mar 2023 | ₹2,877 Cr on 20 Mar 2023 |
| Longest selling streak | 9 sessions (9 Mar 2023–21 Mar 2023) | 1 session (8 Mar 2023–8 Mar 2023) |
| Longest buying streak | 4 sessions (2 Mar 2023–8 Mar 2023) | 13 sessions (9 Mar 2023–27 Mar 2023) |
| Rank in 24 months | Net inflow (22nd of 24 by outflow) | 9th-largest inflow |
Foreign institutions (FII/FPI)
- FIIs bought ₹1,75,539 Cr and sold ₹1,73,541 Cr gross, a net of +₹1,998 Cr.
- FIIs were net buyers on 8 sessions and net sellers on 13.
- The largest single-day net sale was ₹3,087 Cr on 14 Mar 2023.
- The largest single-day net purchase was ₹12,771 Cr on 2 Mar 2023.
- They sold on 9 consecutive sessions from 9 Mar 2023 to 21 Mar 2023.
- They bought on 4 consecutive sessions from 2 Mar 2023 to 8 Mar 2023.
Domestic institutions (DII)
- DIIs bought ₹1,39,075 Cr and sold ₹1,08,526 Cr gross, a net of +₹30,549 Cr.
- DIIs were net buyers on 19 sessions and net sellers on 2.
- The largest single-day net sale was ₹938 Cr on 8 Mar 2023.
- The largest single-day net purchase was ₹2,877 Cr on 20 Mar 2023.
- They bought on 13 consecutive sessions from 9 Mar 2023 to 27 Mar 2023.
Every session in Mar 2023
₹ crore. Net is gross buying minus gross selling.
| Date | FII buy | FII sell | FII net | DII buy | DII sell | DII net |
|---|---|---|---|---|---|---|
| 1 Mar 2023 | +₹6,953.40 Cr | +₹7,378.30 Cr | −₹424.90 Cr | +₹5,918.70 Cr | +₹4,420.10 Cr | +₹1,498.70 Cr |
| 2 Mar 2023 | +₹20,596.10 Cr | +₹7,825.30 Cr | +₹12,770.80 Cr | +₹5,948.20 Cr | +₹3,819.40 Cr | +₹2,128.80 Cr |
| 3 Mar 2023 | +₹6,969.40 Cr | +₹6,723.20 Cr | +₹246.20 Cr | +₹5,869.60 Cr | +₹3,779.70 Cr | +₹2,089.90 Cr |
| 6 Mar 2023 | +₹7,035.20 Cr | +₹6,313.80 Cr | +₹721.40 Cr | +₹5,659.60 Cr | +₹4,902.40 Cr | +₹757.20 Cr |
| 8 Mar 2023 | +₹11,451.00 Cr | +₹7,779.40 Cr | +₹3,671.60 Cr | +₹4,625.60 Cr | +₹5,563.40 Cr | −₹937.80 Cr |
| 9 Mar 2023 | +₹7,570.50 Cr | +₹8,132.30 Cr | −₹561.80 Cr | +₹4,606.70 Cr | +₹4,564.30 Cr | +₹42.40 Cr |
| 10 Mar 2023 | +₹5,117.30 Cr | +₹7,178.80 Cr | −₹2,061.50 Cr | +₹5,167.70 Cr | +₹3,817.60 Cr | +₹1,350.10 Cr |
| 13 Mar 2023 | +₹10,135.30 Cr | +₹11,682.10 Cr | −₹1,546.90 Cr | +₹7,476.60 Cr | +₹6,058.00 Cr | +₹1,418.60 Cr |
| 14 Mar 2023 | +₹6,737.40 Cr | +₹9,824.30 Cr | −₹3,087.00 Cr | +₹7,024.20 Cr | +₹4,902.30 Cr | +₹2,121.90 Cr |
| 15 Mar 2023 | +₹5,769.40 Cr | +₹7,040.70 Cr | −₹1,271.20 Cr | +₹6,343.80 Cr | +₹4,519.90 Cr | +₹1,823.90 Cr |
| 16 Mar 2023 | +₹7,993.20 Cr | +₹8,275.20 Cr | −₹282.10 Cr | +₹9,226.50 Cr | +₹7,175.00 Cr | +₹2,051.40 Cr |
| 17 Mar 2023 | +₹18,734.40 Cr | +₹20,500.90 Cr | −₹1,766.50 Cr | +₹9,693.50 Cr | +₹7,876.30 Cr | +₹1,817.10 Cr |
| 20 Mar 2023 | +₹4,747.90 Cr | +₹7,293.80 Cr | −₹2,545.90 Cr | +₹9,105.40 Cr | +₹6,228.70 Cr | +₹2,876.60 Cr |
| 21 Mar 2023 | +₹5,900.60 Cr | +₹7,355.30 Cr | −₹1,454.60 Cr | +₹7,628.20 Cr | +₹5,682.20 Cr | +₹1,946.10 Cr |
| 22 Mar 2023 | +₹6,159.60 Cr | +₹6,097.80 Cr | +₹61.70 Cr | +₹4,755.40 Cr | +₹4,371.90 Cr | +₹383.50 Cr |
| 23 Mar 2023 | +₹5,939.90 Cr | +₹6,934.90 Cr | −₹995.00 Cr | +₹6,185.10 Cr | +₹4,516.30 Cr | +₹1,668.80 Cr |
| 24 Mar 2023 | +₹5,290.80 Cr | +₹7,011.20 Cr | −₹1,720.40 Cr | +₹5,418.20 Cr | +₹2,862.70 Cr | +₹2,555.50 Cr |
| 27 Mar 2023 | +₹4,883.40 Cr | +₹5,774.00 Cr | −₹890.60 Cr | +₹5,375.60 Cr | +₹3,566.70 Cr | +₹1,808.90 Cr |
| 28 Mar 2023 | +₹7,055.20 Cr | +₹5,524.10 Cr | +₹1,531.10 Cr | +₹4,637.90 Cr | +₹4,794.00 Cr | −₹156.10 Cr |
| 29 Mar 2023 | +₹9,097.00 Cr | +₹7,851.60 Cr | +₹1,245.40 Cr | +₹10,196.10 Cr | +₹9,373.10 Cr | +₹823.00 Cr |
| 31 Mar 2023 | +₹11,402.20 Cr | +₹11,044.40 Cr | +₹357.90 Cr | +₹8,212.30 Cr | +₹5,732.40 Cr | +₹2,480.00 Cr |
How Mar 2023 compares
Monthly net flows for the 24 months the rank is measured against, ₹ crore.
| Month | FII net | DII net | Combined | Sessions |
|---|---|---|---|---|
| Mar 2023 | +₹1,997.70 Cr | +₹30,548.50 Cr | +₹32,546.20 Cr | 21 |
| Feb 2023 | −₹11,090.50 Cr | +₹19,239.60 Cr | +₹8,149.10 Cr | 20 |
| Jan 2023 | −₹41,464.60 Cr | +₹33,412.00 Cr | −₹8,052.60 Cr | 21 |
| Dec 2022 | −₹14,231.00 Cr | +₹24,159.00 Cr | +₹9,928.00 Cr | 22 |
| Nov 2022 | +₹22,546.30 Cr | −₹6,301.30 Cr | +₹16,245.00 Cr | 21 |
| Oct 2022 | −₹489.00 Cr | +₹9,276.80 Cr | +₹8,787.80 Cr | 19 |
| Sep 2022 | −₹18,308.40 Cr | +₹14,119.70 Cr | −₹4,188.70 Cr | 22 |
| Aug 2022 | +₹22,025.80 Cr | −₹7,068.30 Cr | +₹14,957.50 Cr | 20 |
| Jul 2022 | −₹6,567.70 Cr | +₹10,546.00 Cr | +₹3,978.30 Cr | 21 |
| Jun 2022 | −₹58,112.20 Cr | +₹46,599.10 Cr | −₹11,513.10 Cr | 22 |
| May 2022 | −₹54,292.50 Cr | +₹50,835.50 Cr | −₹3,457.00 Cr | 21 |
| Apr 2022 | −₹40,652.50 Cr | +₹30,842.30 Cr | −₹9,810.20 Cr | 19 |
| Mar 2022 | −₹43,281.20 Cr | +₹39,677.00 Cr | −₹3,604.20 Cr | 21 |
| Feb 2022 | −₹45,720.20 Cr | +₹42,084.10 Cr | −₹3,636.10 Cr | 20 |
| Jan 2022 | −₹41,346.50 Cr | +₹21,928.40 Cr | −₹19,418.10 Cr | 20 |
| Dec 2021 | −₹35,493.60 Cr | +₹31,230.90 Cr | −₹4,262.70 Cr | 23 |
| Nov 2021 | −₹39,901.80 Cr | +₹30,560.30 Cr | −₹9,341.50 Cr | 20 |
| Oct 2021 | −₹25,572.20 Cr | +₹4,470.90 Cr | −₹21,101.30 Cr | 20 |
| Sep 2021 | +₹913.70 Cr | +₹5,948.80 Cr | +₹6,862.50 Cr | 21 |
| Aug 2021 | −₹2,568.50 Cr | +₹6,894.50 Cr | +₹4,326.00 Cr | 21 |
| Jul 2021 | −₹23,193.60 Cr | +₹18,394.10 Cr | −₹4,799.50 Cr | 21 |
| Jun 2021 | −₹25.90 Cr | +₹7,043.60 Cr | +₹7,017.70 Cr | 22 |
| May 2021 | −₹6,015.30 Cr | +₹2,067.10 Cr | −₹3,948.20 Cr | 20 |
| Apr 2021 | −₹12,693.20 Cr | +₹11,088.80 Cr | −₹1,604.40 Cr | 19 |
Sector-wise FPI flows
Sector-wise foreign portfolio investment (FPI) figures come from fortnightly disclosures. The reports dated 15 Mar 2023 and 31 Mar 2023 show a net FPI flow of +₹5,899 Cr across sectors.
Largest inflows
| Sector | FPI net |
|---|---|
| Services | +₹7,238.00 Cr |
| Sovereign | +₹5,184.00 Cr |
| Metals & Mining | +₹4,438.00 Cr |
| Power | +₹3,194.00 Cr |
| Automobile and Auto Components | +₹2,695.00 Cr |
Largest outflows
| Sector | FPI net |
|---|---|
| Others | −₹9,971.00 Cr |
| Information Technology | −₹6,910.00 Cr |
| Oil, Gas & Consumable Fuels | −₹6,837.00 Cr |
| Healthcare | −₹1,512.00 Cr |
| Financial Services | −₹742.00 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 2023. Provisional exchange figures; for research and information only, not investment advice. Markdown version.