FII and DII Flows in September 2023
Final for the month: 20 sessions, 1 Sep 2023 to 29 Sep 2023.
Foreign institutional investors (FIIs) were net sellers of Indian equities in September 2023, with a net outflow of ₹26,692 Cr in the cash market across all 20 trading sessions. Domestic institutional investors (DIIs) were net buyers of ₹20,313 Cr, leaving a combined institutional flow of −₹6,379 Cr.
September 2023 is the 10th-largest FII net outflow of the 24 months since Oct 2021, and the 13th-largest DII net inflow.
| Measure | FII / FPI | DII |
|---|---|---|
| Net flow | −₹26,692 Cr | +₹20,313 Cr |
| Gross buying | ₹2,28,679 Cr | ₹1,84,019 Cr |
| Gross selling | ₹2,55,371 Cr | ₹1,63,706 Cr |
| Net-buy / net-sell sessions | 4 / 16 | 17 / 3 |
| Biggest net-sell day | ₹3,368 Cr on 4 Sep 2023 | ₹573 Cr on 20 Sep 2023 |
| Biggest net-buy day | ₹1,473 Cr on 11 Sep 2023 | ₹2,752 Cr on 29 Sep 2023 |
| Longest selling streak | 9 sessions (18 Sep 2023–29 Sep 2023) | 1 session (6 Sep 2023–6 Sep 2023) |
| Longest buying streak | 2 sessions (14 Sep 2023–15 Sep 2023) | 7 sessions (21 Sep 2023–29 Sep 2023) |
| Rank in 24 months | 10th-largest outflow | 13th-largest inflow |
Foreign institutions (FII/FPI)
- FIIs bought ₹2,28,679 Cr and sold ₹2,55,371 Cr gross, a net of −₹26,692 Cr.
- FIIs were net buyers on 4 sessions and net sellers on 16.
- The largest single-day net sale was ₹3,368 Cr on 4 Sep 2023.
- The largest single-day net purchase was ₹1,473 Cr on 11 Sep 2023.
- They sold on 9 consecutive sessions from 18 Sep 2023 to 29 Sep 2023.
- They bought on 2 consecutive sessions from 14 Sep 2023 to 15 Sep 2023.
Domestic institutions (DII)
- DIIs bought ₹1,84,019 Cr and sold ₹1,63,706 Cr gross, a net of +₹20,313 Cr.
- DIIs were net buyers on 17 sessions and net sellers on 3.
- The largest single-day net sale was ₹573 Cr on 20 Sep 2023.
- The largest single-day net purchase was ₹2,752 Cr on 29 Sep 2023.
- They bought on 7 consecutive sessions from 21 Sep 2023 to 29 Sep 2023.
Every session in Sep 2023
₹ crore. Net is gross buying minus gross selling.
| Date | FII buy | FII sell | FII net | DII buy | DII sell | DII net |
|---|---|---|---|---|---|---|
| 1 Sep 2023 | +₹15,219.60 Cr | +₹14,731.70 Cr | +₹487.90 Cr | +₹10,888.80 Cr | +₹8,593.90 Cr | +₹2,294.90 Cr |
| 4 Sep 2023 | +₹6,833.30 Cr | +₹10,201.00 Cr | −₹3,367.70 Cr | +₹10,461.50 Cr | +₹7,898.10 Cr | +₹2,563.50 Cr |
| 5 Sep 2023 | +₹8,414.40 Cr | +₹10,139.60 Cr | −₹1,725.10 Cr | +₹8,580.70 Cr | +₹7,502.80 Cr | +₹1,077.90 Cr |
| 6 Sep 2023 | +₹9,994.20 Cr | +₹13,240.10 Cr | −₹3,245.90 Cr | +₹10,202.90 Cr | +₹10,450.30 Cr | −₹247.50 Cr |
| 7 Sep 2023 | +₹9,005.60 Cr | +₹9,764.20 Cr | −₹758.60 Cr | +₹7,204.00 Cr | +₹7,175.80 Cr | +₹28.10 Cr |
| 8 Sep 2023 | +₹9,850.50 Cr | +₹10,074.70 Cr | −₹224.20 Cr | +₹8,324.00 Cr | +₹7,173.90 Cr | +₹1,150.20 Cr |
| 11 Sep 2023 | +₹11,469.50 Cr | +₹9,996.40 Cr | +₹1,473.10 Cr | +₹8,522.40 Cr | +₹8,156.20 Cr | +₹366.20 Cr |
| 12 Sep 2023 | +₹13,653.40 Cr | +₹14,700.60 Cr | −₹1,047.20 Cr | +₹10,341.00 Cr | +₹10,081.50 Cr | +₹259.50 Cr |
| 13 Sep 2023 | +₹10,375.20 Cr | +₹12,006.90 Cr | −₹1,631.60 Cr | +₹8,104.70 Cr | +₹7,254.80 Cr | +₹849.90 Cr |
| 14 Sep 2023 | +₹9,870.00 Cr | +₹9,575.30 Cr | +₹294.70 Cr | +₹6,943.10 Cr | +₹6,993.90 Cr | −₹50.80 Cr |
| 15 Sep 2023 | +₹33,124.30 Cr | +₹32,959.90 Cr | +₹164.40 Cr | +₹12,082.60 Cr | +₹10,144.10 Cr | +₹1,938.60 Cr |
| 18 Sep 2023 | +₹7,520.30 Cr | +₹8,756.80 Cr | −₹1,236.50 Cr | +₹8,097.10 Cr | +₹7,544.50 Cr | +₹552.60 Cr |
| 20 Sep 2023 | +₹15,769.20 Cr | +₹18,879.90 Cr | −₹3,110.70 Cr | +₹10,052.30 Cr | +₹10,625.40 Cr | −₹573.00 Cr |
| 21 Sep 2023 | +₹9,132.60 Cr | +₹12,139.90 Cr | −₹3,007.40 Cr | +₹7,860.40 Cr | +₹6,702.20 Cr | +₹1,158.10 Cr |
| 22 Sep 2023 | +₹10,840.20 Cr | +₹12,166.90 Cr | −₹1,326.70 Cr | +₹7,902.10 Cr | +₹7,100.80 Cr | +₹801.30 Cr |
| 25 Sep 2023 | +₹8,510.60 Cr | +₹10,843.70 Cr | −₹2,333.00 Cr | +₹8,621.80 Cr | +₹7,042.50 Cr | +₹1,579.30 Cr |
| 26 Sep 2023 | +₹8,750.80 Cr | +₹9,444.30 Cr | −₹693.50 Cr | +₹7,502.50 Cr | +₹6,787.70 Cr | +₹714.80 Cr |
| 27 Sep 2023 | +₹9,575.20 Cr | +₹9,929.50 Cr | −₹354.40 Cr | +₹8,419.70 Cr | +₹8,033.40 Cr | +₹386.30 Cr |
| 28 Sep 2023 | +₹10,711.40 Cr | +₹14,075.60 Cr | −₹3,364.20 Cr | +₹15,118.40 Cr | +₹12,406.90 Cr | +₹2,711.50 Cr |
| 29 Sep 2023 | +₹10,058.40 Cr | +₹11,744.00 Cr | −₹1,685.70 Cr | +₹8,788.50 Cr | +₹6,037.00 Cr | +₹2,751.50 Cr |
How Sep 2023 compares
Monthly net flows for the 24 months the rank is measured against, ₹ crore.
| Month | FII net | DII net | Combined | Sessions |
|---|---|---|---|---|
| Sep 2023 | −₹26,692.30 Cr | +₹20,312.90 Cr | −₹6,379.40 Cr | 20 |
| Aug 2023 | −₹20,620.60 Cr | +₹25,017.00 Cr | +₹4,396.40 Cr | 22 |
| Jul 2023 | +₹15,533.10 Cr | −₹2,697.50 Cr | +₹12,835.60 Cr | 21 |
| Jun 2023 | +₹27,249.90 Cr | +₹4,458.00 Cr | +₹31,707.90 Cr | 21 |
| May 2023 | +₹27,856.60 Cr | −₹3,306.30 Cr | +₹24,550.30 Cr | 22 |
| Apr 2023 | +₹5,711.60 Cr | +₹2,216.70 Cr | +₹7,928.30 Cr | 17 |
| 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 |
Sector-wise FPI flows
Sector-wise foreign portfolio investment (FPI) figures come from fortnightly disclosures. The reports dated 15 Sep 2023 and 30 Sep 2023 show a net FPI flow of −₹13,808 Cr across sectors.
Largest inflows
| Sector | FPI net |
|---|---|
| Capital Goods | +₹5,405.00 Cr |
| Consumer Services | +₹4,178.00 Cr |
| Information Technology | +₹1,886.00 Cr |
| Financial Services | +₹1,795.00 Cr |
| Sovereign | +₹1,735.00 Cr |
Largest outflows
| Sector | FPI net |
|---|---|
| Power | −₹9,863.00 Cr |
| Oil, Gas & Consumable Fuels | −₹5,281.00 Cr |
| Metals & Mining | −₹5,056.00 Cr |
| Services | −₹4,540.00 Cr |
| Construction | −₹2,117.00 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 29 Sep 2023. Provisional exchange figures; for research and information only, not investment advice. Markdown version.