--- title: "FII and DII Flows in March 2023" canonical: "https://tapetide.com/insight/reports/fii-dii-flows/2023-03" last_updated: "2023-03-31" generated_at: "2026-10-25T10:58:05.497Z" --- # FII and DII Flows in March 2023 How much FIIs and DIIs bought and sold in Indian equities in March 2023: net flows, gross buying and selling, the biggest days, streaks and how the month ranks. Final for the month: 21 trading sessions, 2023-03-01 to 2023-03-31. 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. 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. 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. Canonical page: https://tapetide.com/insight/reports/fii-dii-flows/2023-03 - **FII net:** 1997.7 - **FII gross buy:** 175539.2 - **FII gross sell:** 173541.4 - **DII net:** 30548.5 - **DII gross buy:** 139074.9 - **DII gross sell:** 108526.4 - **Combined net:** 32546.2 - **Sessions:** 21 (2023-03-01 to 2023-03-31) - **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 2023 (₹ crore) | Date | FII Buy | FII Sell | FII Net | DII Buy | DII Sell | DII Net | | --- | --- | --- | --- | --- | --- | --- | | 2023-03-01 | 6953.4 | 7378.3 | -424.9 | 5918.7 | 4420.1 | 1498.7 | | 2023-03-02 | 20596.1 | 7825.3 | 12770.8 | 5948.2 | 3819.4 | 2128.8 | | 2023-03-03 | 6969.4 | 6723.2 | 246.2 | 5869.6 | 3779.7 | 2089.9 | | 2023-03-06 | 7035.2 | 6313.8 | 721.4 | 5659.6 | 4902.4 | 757.2 | | 2023-03-08 | 11451 | 7779.4 | 3671.6 | 4625.6 | 5563.4 | -937.8 | | 2023-03-09 | 7570.5 | 8132.3 | -561.8 | 4606.7 | 4564.3 | 42.4 | | 2023-03-10 | 5117.3 | 7178.8 | -2061.5 | 5167.7 | 3817.6 | 1350.1 | | 2023-03-13 | 10135.3 | 11682.1 | -1546.9 | 7476.6 | 6058 | 1418.6 | | 2023-03-14 | 6737.4 | 9824.3 | -3087 | 7024.2 | 4902.3 | 2121.9 | | 2023-03-15 | 5769.4 | 7040.7 | -1271.2 | 6343.8 | 4519.9 | 1823.9 | | 2023-03-16 | 7993.2 | 8275.2 | -282.1 | 9226.5 | 7175 | 2051.4 | | 2023-03-17 | 18734.4 | 20500.9 | -1766.5 | 9693.5 | 7876.3 | 1817.1 | | 2023-03-20 | 4747.9 | 7293.8 | -2545.9 | 9105.4 | 6228.7 | 2876.6 | | 2023-03-21 | 5900.6 | 7355.3 | -1454.6 | 7628.2 | 5682.2 | 1946.1 | | 2023-03-22 | 6159.6 | 6097.8 | 61.7 | 4755.4 | 4371.9 | 383.5 | | 2023-03-23 | 5939.9 | 6934.9 | -995 | 6185.1 | 4516.3 | 1668.8 | | 2023-03-24 | 5290.8 | 7011.2 | -1720.4 | 5418.2 | 2862.7 | 2555.5 | | 2023-03-27 | 4883.4 | 5774 | -890.6 | 5375.6 | 3566.7 | 1808.9 | | 2023-03-28 | 7055.2 | 5524.1 | 1531.1 | 4637.9 | 4794 | -156.1 | | 2023-03-29 | 9097 | 7851.6 | 1245.4 | 10196.1 | 9373.1 | 823 | | 2023-03-31 | 11402.2 | 11044.4 | 357.9 | 8212.3 | 5732.4 | 2480 | ### Monthly net flows, the 24-month ranking window (₹ crore) | Month | FII Net | DII Net | Combined | Sessions | | --- | --- | --- | --- | --- | | Mar 2023 | 1997.7 | 30548.5 | 32546.2 | 21 | | Feb 2023 | -11090.5 | 19239.6 | 8149.1 | 20 | | Jan 2023 | -41464.6 | 33412 | -8052.6 | 21 | | Dec 2022 | -14231 | 24159 | 9928 | 22 | | Nov 2022 | 22546.3 | -6301.3 | 16245 | 21 | | Oct 2022 | -489 | 9276.8 | 8787.8 | 19 | | Sep 2022 | -18308.4 | 14119.7 | -4188.7 | 22 | | Aug 2022 | 22025.8 | -7068.3 | 14957.5 | 20 | | Jul 2022 | -6567.7 | 10546 | 3978.3 | 21 | | Jun 2022 | -58112.2 | 46599.1 | -11513.1 | 22 | | May 2022 | -54292.5 | 50835.5 | -3457 | 21 | | Apr 2022 | -40652.5 | 30842.3 | -9810.2 | 19 | | Mar 2022 | -43281.2 | 39677 | -3604.2 | 21 | | Feb 2022 | -45720.2 | 42084.1 | -3636.1 | 20 | | Jan 2022 | -41346.5 | 21928.4 | -19418.1 | 20 | | Dec 2021 | -35493.6 | 31230.9 | -4262.7 | 23 | | Nov 2021 | -39901.8 | 30560.3 | -9341.5 | 20 | | Oct 2021 | -25572.2 | 4470.9 | -21101.3 | 20 | | Sep 2021 | 913.7 | 5948.8 | 6862.5 | 21 | | Aug 2021 | -2568.5 | 6894.5 | 4326 | 21 | | Jul 2021 | -23193.6 | 18394.1 | -4799.5 | 21 | | Jun 2021 | -25.9 | 7043.6 | 7017.7 | 22 | | May 2021 | -6015.3 | 2067.1 | -3948.2 | 20 | | Apr 2021 | -12693.2 | 11088.8 | -1604.4 | 19 | ### Sector-wise FPI: largest inflows 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. | Sector | FPI Net (₹ crore) | | --- | --- | | Services | 7238 | | Sovereign | 5184 | | Metals & Mining | 4438 | | Power | 3194 | | Automobile and Auto Components | 2695 | ### Sector-wise FPI: largest outflows | Sector | FPI Net (₹ crore) | | --- | --- | | Others | -9971 | | Information Technology | -6910 | | Oil, Gas & Consumable Fuels | -6837 | | Healthcare | -1512 | | Financial Services | -742 | --- 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 2026-10-25T10:58:05.497Z.