FII and DII Flows in October 2023

Final for the month: 20 sessions, 3 Oct 2023 to 31 Oct 2023.

Foreign institutional investors (FIIs) were net sellers of Indian equities in October 2023, with a net outflow of ₹30,827 Cr in the cash market across all 20 trading sessions. Domestic institutional investors (DIIs) were net buyers of ₹28,254 Cr, leaving a combined institutional flow of −₹2,573 Cr.

October 2023 is the 10th-largest FII net outflow of the 24 months since Nov 2021, and the 10th-largest DII net inflow.

Oct 2023 FII and DII flows summary, ₹ crore
MeasureFII / FPIDII
Net flow−₹30,827 Cr+₹28,254 Cr
Gross buying₹1,84,699 Cr₹1,63,706 Cr
Gross selling₹2,15,527 Cr₹1,35,452 Cr
Net-buy / net-sell sessions4 / 1619 / 1
Biggest net-sell day₹7,703 Cr on 26 Oct 2023₹103 Cr on 13 Oct 2023
Biggest net-buy day₹456 Cr on 20 Oct 2023₹6,558 Cr on 26 Oct 2023
Longest selling streak8 sessions (3 Oct 2023–12 Oct 2023)1 session (13 Oct 2023–13 Oct 2023)
Longest buying streak2 sessions (20 Oct 2023–23 Oct 2023)11 sessions (16 Oct 2023–31 Oct 2023)
Rank in 24 months10th-largest outflow10th-largest inflow

Foreign institutions (FII/FPI)

  • FIIs bought ₹1,84,699 Cr and sold ₹2,15,527 Cr gross, a net of −₹30,827 Cr.
  • FIIs were net buyers on 4 sessions and net sellers on 16.
  • The largest single-day net sale was ₹7,703 Cr on 26 Oct 2023.
  • The largest single-day net purchase was ₹456 Cr on 20 Oct 2023.
  • They sold on 8 consecutive sessions from 3 Oct 2023 to 12 Oct 2023.
  • They bought on 2 consecutive sessions from 20 Oct 2023 to 23 Oct 2023.

Domestic institutions (DII)

  • DIIs bought ₹1,63,706 Cr and sold ₹1,35,452 Cr gross, a net of +₹28,254 Cr.
  • DIIs were net buyers on 19 sessions and net sellers on 1.
  • The largest single-day net sale was ₹103 Cr on 13 Oct 2023.
  • The largest single-day net purchase was ₹6,558 Cr on 26 Oct 2023.
  • They bought on 11 consecutive sessions from 16 Oct 2023 to 31 Oct 2023.

Every session in Oct 2023

₹ crore. Net is gross buying minus gross selling.

DateFII buyFII sellFII netDII buyDII sellDII net
3 Oct 2023+₹9,714.70 Cr+₹11,748.80 Cr−₹2,034.10 Cr+₹9,223.40 Cr+₹7,862.40 Cr+₹1,361.00 Cr
4 Oct 2023+₹9,848.60 Cr+₹14,272.60 Cr−₹4,424.00 Cr+₹10,050.10 Cr+₹8,280.60 Cr+₹1,769.50 Cr
5 Oct 2023+₹10,304.10 Cr+₹12,168.30 Cr−₹1,864.20 Cr+₹7,787.20 Cr+₹7,265.80 Cr+₹521.40 Cr
6 Oct 2023+₹6,727.30 Cr+₹6,817.60 Cr−₹90.30 Cr+₹7,150.60 Cr+₹6,367.30 Cr+₹783.20 Cr
9 Oct 2023+₹5,052.20 Cr+₹6,050.00 Cr−₹997.80 Cr+₹8,216.60 Cr+₹5,555.30 Cr+₹2,661.30 Cr
10 Oct 2023+₹8,067.20 Cr+₹9,072.60 Cr−₹1,005.50 Cr+₹8,623.60 Cr+₹6,660.20 Cr+₹1,963.30 Cr
11 Oct 2023+₹12,526.90 Cr+₹12,948.70 Cr−₹421.80 Cr+₹8,369.50 Cr+₹7,337.50 Cr+₹1,032.00 Cr
12 Oct 2023+₹8,601.40 Cr+₹10,464.00 Cr−₹1,862.60 Cr+₹8,706.40 Cr+₹7,174.30 Cr+₹1,532.10 Cr
13 Oct 2023+₹10,317.90 Cr+₹10,000.90 Cr+₹317.00 Cr+₹7,661.00 Cr+₹7,763.90 Cr−₹102.90 Cr
16 Oct 2023+₹7,013.60 Cr+₹7,607.20 Cr−₹593.70 Cr+₹6,737.70 Cr+₹5,553.40 Cr+₹1,184.20 Cr
17 Oct 2023+₹8,518.00 Cr+₹8,254.30 Cr+₹263.70 Cr+₹6,492.40 Cr+₹6,379.90 Cr+₹112.60 Cr
18 Oct 2023+₹9,761.20 Cr+₹11,593.10 Cr−₹1,831.80 Cr+₹8,166.50 Cr+₹6,697.00 Cr+₹1,469.50 Cr
19 Oct 2023+₹10,102.10 Cr+₹11,195.60 Cr−₹1,093.50 Cr+₹7,249.80 Cr+₹6,513.60 Cr+₹736.20 Cr
20 Oct 2023+₹13,645.60 Cr+₹13,189.40 Cr+₹456.20 Cr+₹6,870.70 Cr+₹6,862.20 Cr+₹8.50 Cr
23 Oct 2023+₹8,229.80 Cr+₹7,977.60 Cr+₹252.20 Cr+₹8,022.50 Cr+₹6,910.70 Cr+₹1,111.80 Cr
25 Oct 2023+₹9,075.60 Cr+₹13,312.20 Cr−₹4,236.60 Cr+₹9,638.60 Cr+₹6,069.20 Cr+₹3,569.40 Cr
26 Oct 2023+₹10,239.00 Cr+₹17,941.60 Cr−₹7,702.50 Cr+₹13,600.70 Cr+₹7,042.30 Cr+₹6,558.40 Cr
27 Oct 2023+₹9,360.20 Cr+₹10,860.40 Cr−₹1,500.10 Cr+₹7,136.00 Cr+₹6,822.30 Cr+₹313.70 Cr
30 Oct 2023+₹6,653.70 Cr+₹8,415.60 Cr−₹1,761.90 Cr+₹7,523.60 Cr+₹6,195.10 Cr+₹1,328.50 Cr
31 Oct 2023+₹10,940.20 Cr+₹11,636.20 Cr−₹696.00 Cr+₹6,479.50 Cr+₹6,139.20 Cr+₹340.20 Cr

How Oct 2023 compares

Monthly net flows for the 24 months the rank is measured against, ₹ crore.

MonthFII netDII netCombinedSessions
Oct 2023−₹30,827.30 Cr+₹28,253.90 Cr−₹2,573.40 Cr20
Sep 2023−₹26,692.30 Cr+₹20,312.90 Cr−₹6,379.40 Cr20
Aug 2023−₹20,620.60 Cr+₹25,017.00 Cr+₹4,396.40 Cr22
Jul 2023+₹15,533.10 Cr−₹2,697.50 Cr+₹12,835.60 Cr21
Jun 2023+₹27,249.90 Cr+₹4,458.00 Cr+₹31,707.90 Cr21
May 2023+₹27,856.60 Cr−₹3,306.30 Cr+₹24,550.30 Cr22
Apr 2023+₹5,711.60 Cr+₹2,216.70 Cr+₹7,928.30 Cr17
Mar 2023+₹1,997.70 Cr+₹30,548.50 Cr+₹32,546.20 Cr21
Feb 2023−₹11,090.50 Cr+₹19,239.60 Cr+₹8,149.10 Cr20
Jan 2023−₹41,464.60 Cr+₹33,412.00 Cr−₹8,052.60 Cr21
Dec 2022−₹14,231.00 Cr+₹24,159.00 Cr+₹9,928.00 Cr22
Nov 2022+₹22,546.30 Cr−₹6,301.30 Cr+₹16,245.00 Cr21
Oct 2022−₹489.00 Cr+₹9,276.80 Cr+₹8,787.80 Cr19
Sep 2022−₹18,308.40 Cr+₹14,119.70 Cr−₹4,188.70 Cr22
Aug 2022+₹22,025.80 Cr−₹7,068.30 Cr+₹14,957.50 Cr20
Jul 2022−₹6,567.70 Cr+₹10,546.00 Cr+₹3,978.30 Cr21
Jun 2022−₹58,112.20 Cr+₹46,599.10 Cr−₹11,513.10 Cr22
May 2022−₹54,292.50 Cr+₹50,835.50 Cr−₹3,457.00 Cr21
Apr 2022−₹40,652.50 Cr+₹30,842.30 Cr−₹9,810.20 Cr19
Mar 2022−₹43,281.20 Cr+₹39,677.00 Cr−₹3,604.20 Cr21
Feb 2022−₹45,720.20 Cr+₹42,084.10 Cr−₹3,636.10 Cr20
Jan 2022−₹41,346.50 Cr+₹21,928.40 Cr−₹19,418.10 Cr20
Dec 2021−₹35,493.60 Cr+₹31,230.90 Cr−₹4,262.70 Cr23
Nov 2021−₹39,901.80 Cr+₹30,560.30 Cr−₹9,341.50 Cr20

Sector-wise FPI flows

Sector-wise foreign portfolio investment (FPI) figures come from fortnightly disclosures. The reports dated 15 Oct 2023 and 31 Oct 2023 show a net FPI flow of −₹17,878 Cr across sectors.

Largest inflows

SectorFPI net
Sovereign+₹5,099.00 Cr
Others+₹3,769.00 Cr
Telecommunication+₹1,763.00 Cr
Capital Goods+₹857.00 Cr
Construction Materials+₹378.00 Cr

Largest outflows

SectorFPI net
Financial Services−₹8,692.00 Cr
Information Technology−₹3,262.00 Cr
Oil, Gas & Consumable Fuels−₹3,013.00 Cr
Power−₹2,959.00 Cr
Fast Moving Consumer Goods−₹2,919.00 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 Oct 2023. Provisional exchange figures; for research and information only, not investment advice. Markdown version.