---
title: "FII and DII Flows in May 2023"
canonical: "https://tapetide.com/insight/reports/fii-dii-flows/2023-05"
last_updated: "2023-05-31"
generated_at: "2026-10-25T10:57:08.070Z"
---

# FII and DII Flows in May 2023

How much FIIs and DIIs bought and sold in Indian equities in May 2023: net flows, gross buying and selling, the biggest days, streaks and how the month ranks.

Final for the month: 22 trading sessions, 2023-05-02 to 2023-05-31.

Foreign institutional investors (FIIs) were net buyers of Indian equities in May 2023, with a net inflow of ₹27,857 Cr in the cash market across all 22 trading sessions. Domestic institutional investors (DIIs) were net sellers of ₹3,306 Cr, leaving a combined institutional flow of +₹24,550 Cr.

May 2023 is an FII net inflow, ranking 24th of 24 by outflow over the 24 months since Jun 2021, and a DII net outflow (22nd of 24 by inflow).

FIIs bought ₹2,36,946 Cr and sold ₹2,09,089 Cr gross, a net of +₹27,857 Cr.

FIIs were net buyers on 21 sessions and net sellers on 1.

The largest single-day net sale was ₹114 Cr on 19 May 2023.

The largest single-day net purchase was ₹3,406 Cr on 31 May 2023.

They bought on 13 consecutive sessions from 2 May 2023 to 18 May 2023.

DIIs bought ₹1,35,524 Cr and sold ₹1,38,831 Cr gross, a net of −₹3,306 Cr.

DIIs were net buyers on 11 sessions and net sellers on 11.

The largest single-day net sale was ₹2,529 Cr on 31 May 2023.

The largest single-day net purchase was ₹1,841 Cr on 26 May 2023.

They sold on 3 consecutive sessions from 10 May 2023 to 12 May 2023.

They bought on 7 consecutive sessions from 19 May 2023 to 29 May 2023.

Canonical page: https://tapetide.com/insight/reports/fii-dii-flows/2023-05

- **FII net:** 27856.6
- **FII gross buy:** 236945.6
- **FII gross sell:** 209089
- **DII net:** -3306.3
- **DII gross buy:** 135524.3
- **DII gross sell:** 138830.8
- **Combined net:** 24550.3
- **Sessions:** 22 (2023-05-02 to 2023-05-31)
- **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 May 2023 (₹ crore)

| Date | FII Buy | FII Sell | FII Net | DII Buy | DII Sell | DII Net |
| --- | --- | --- | --- | --- | --- | --- |
| 2023-05-02 | 9972.5 | 7975.2 | 1997.4 | 5649.5 | 6043.6 | -394 |
| 2023-05-03 | 7498.8 | 6160.8 | 1338 | 5390.8 | 5974.8 | -584 |
| 2023-05-04 | 7311 | 5896.3 | 1414.7 | 5611.2 | 5169.6 | 441.6 |
| 2023-05-05 | 8243 | 7465.3 | 777.7 | 4956.5 | 7155.3 | -2198.8 |
| 2023-05-08 | 8705.4 | 6581.6 | 2123.8 | 6252.5 | 6007.2 | 245.3 |
| 2023-05-09 | 9375.4 | 7433.2 | 1942.2 | 7148.4 | 6743.6 | 404.7 |
| 2023-05-10 | 8094.7 | 6261.6 | 1833.1 | 5061.7 | 5851.4 | -789.7 |
| 2023-05-11 | 7950.8 | 7113.6 | 837.2 | 7026.4 | 7226.5 | -200.1 |
| 2023-05-12 | 9159.5 | 8145.4 | 1014.1 | 5457.4 | 6379.6 | -922.2 |
| 2023-05-15 | 7676.3 | 5991 | 1685.3 | 5505.6 | 5314.4 | 191.2 |
| 2023-05-16 | 7783.2 | 6376.3 | 1406.9 | 6138.6 | 7024.8 | -886.2 |
| 2023-05-17 | 7478.2 | 7328.9 | 149.3 | 6046.8 | 6250.7 | -203.9 |
| 2023-05-18 | 7731.5 | 6761.3 | 970.2 | 4830.8 | 5680.8 | -850 |
| 2023-05-19 | 7325.4 | 7438.9 | -113.5 | 6427.8 | 5356.4 | 1071.4 |
| 2023-05-22 | 6956.6 | 6033.7 | 922.9 | 5486.8 | 4882.2 | 604.6 |
| 2023-05-23 | 7829.5 | 7647 | 182.5 | 5543.1 | 5145.8 | 397.3 |
| 2023-05-24 | 8548.5 | 7362.6 | 1185.8 | 5880.8 | 5579.9 | 300.9 |
| 2023-05-25 | 8521.1 | 7932 | 589.1 | 5522.8 | 5184.4 | 338.4 |
| 2023-05-26 | 8203.3 | 7853.2 | 350.2 | 7705.6 | 5864.6 | 1841 |
| 2023-05-29 | 7767 | 6008.8 | 1758.2 | 6217.7 | 5364.2 | 853.6 |
| 2023-05-30 | 9789.5 | 7703.8 | 2085.6 | 5937 | 6376 | -438.9 |
| 2023-05-31 | 65024.4 | 61618.5 | 3405.9 | 11726.5 | 14255 | -2528.5 |

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

| Month | FII Net | DII Net | Combined | Sessions |
| --- | --- | --- | --- | --- |
| May 2023 | 27856.6 | -3306.3 | 24550.3 | 22 |
| Apr 2023 | 5711.6 | 2216.7 | 7928.3 | 17 |
| 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 |

### Sector-wise FPI: largest inflows

Sector-wise foreign portfolio investment (FPI) figures come from fortnightly disclosures. The reports dated 15 May 2023 and 31 May 2023 show a net FPI flow of +₹48,330 Cr across sectors.

| Sector | FPI Net (₹ crore) |
| --- | --- |
| Financial Services | 18936 |
| Automobile and Auto Components | 8702 |
| Sovereign | 4565 |
| Fast Moving Consumer Goods | 3235 |
| Consumer Services | 2915 |

### Sector-wise FPI: largest outflows

| Sector | FPI Net (₹ crore) |
| --- | --- |
| Information Technology | -891 |
| Media, Entertainment & Publication | -719 |
| Power | -649 |
| Metals & Mining | -619 |
| Construction | -363 |

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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 2026-10-25T10:57:08.070Z.