FII and DII Flows in December 2023
Final for the month: 20 sessions, 1 Dec 2023 to 29 Dec 2023.
Foreign institutional investors (FIIs) were net buyers of Indian equities in December 2023, with a net inflow of ₹31,960 Cr in the cash market across all 20 trading sessions. Domestic institutional investors (DIIs) were net buyers of ₹12,942 Cr, leaving a combined institutional flow of +₹44,902 Cr.
December 2023 is an FII net inflow, ranking 24th of 24 by outflow over the 24 months since Jan 2022, and the 16th-largest DII net inflow.
| Measure | FII / FPI | DII |
|---|---|---|
| Net flow | +₹31,960 Cr | +₹12,942 Cr |
| Gross buying | ₹2,99,153 Cr | ₹2,24,569 Cr |
| Gross selling | ₹2,67,193 Cr | ₹2,11,627 Cr |
| Net-buy / net-sell sessions | 12 / 8 | 13 / 7 |
| Biggest net-sell day | ₹2,829 Cr on 22 Dec 2023 | ₹3,077 Cr on 15 Dec 2023 |
| Biggest net-buy day | ₹9,239 Cr on 15 Dec 2023 | ₹4,797 Cr on 4 Dec 2023 |
| Longest selling streak | 6 sessions (18 Dec 2023–26 Dec 2023) | 3 sessions (7 Dec 2023–11 Dec 2023) |
| Longest buying streak | 6 sessions (8 Dec 2023–15 Dec 2023) | 6 sessions (18 Dec 2023–26 Dec 2023) |
| Rank in 24 months | Net inflow (24th of 24 by outflow) | 16th-largest inflow |
Foreign institutions (FII/FPI)
- FIIs bought ₹2,99,153 Cr and sold ₹2,67,193 Cr gross, a net of +₹31,960 Cr.
- FIIs were net buyers on 12 sessions and net sellers on 8.
- The largest single-day net sale was ₹2,829 Cr on 22 Dec 2023.
- The largest single-day net purchase was ₹9,239 Cr on 15 Dec 2023.
- They sold on 6 consecutive sessions from 18 Dec 2023 to 26 Dec 2023.
- They bought on 6 consecutive sessions from 8 Dec 2023 to 15 Dec 2023.
Domestic institutions (DII)
- DIIs bought ₹2,24,569 Cr and sold ₹2,11,627 Cr gross, a net of +₹12,942 Cr.
- DIIs were net buyers on 13 sessions and net sellers on 7.
- The largest single-day net sale was ₹3,077 Cr on 15 Dec 2023.
- The largest single-day net purchase was ₹4,797 Cr on 4 Dec 2023.
- They sold on 3 consecutive sessions from 7 Dec 2023 to 11 Dec 2023.
- They bought on 6 consecutive sessions from 18 Dec 2023 to 26 Dec 2023.
Every session in Dec 2023
₹ crore. Net is gross buying minus gross selling.
| Date | FII buy | FII sell | FII net | DII buy | DII sell | DII net |
|---|---|---|---|---|---|---|
| 1 Dec 2023 | +₹10,522.40 Cr | +₹8,932.80 Cr | +₹1,589.60 Cr | +₹11,173.00 Cr | +₹9,725.00 Cr | +₹1,448.10 Cr |
| 4 Dec 2023 | +₹18,705.20 Cr | +₹16,632.00 Cr | +₹2,073.20 Cr | +₹16,342.00 Cr | +₹11,544.80 Cr | +₹4,797.20 Cr |
| 5 Dec 2023 | +₹17,190.70 Cr | +₹11,967.20 Cr | +₹5,223.50 Cr | +₹11,467.10 Cr | +₹12,866.30 Cr | −₹1,399.20 Cr |
| 6 Dec 2023 | +₹11,836.40 Cr | +₹11,916.30 Cr | −₹79.90 Cr | +₹12,323.20 Cr | +₹10,951.00 Cr | +₹1,372.20 Cr |
| 7 Dec 2023 | +₹13,934.90 Cr | +₹15,498.90 Cr | −₹1,564.00 Cr | +₹9,313.10 Cr | +₹9,322.80 Cr | −₹9.70 Cr |
| 8 Dec 2023 | +₹19,329.30 Cr | +₹15,697.00 Cr | +₹3,632.30 Cr | +₹9,533.10 Cr | +₹9,967.20 Cr | −₹434.00 Cr |
| 11 Dec 2023 | +₹10,710.70 Cr | +₹9,449.50 Cr | +₹1,261.10 Cr | +₹8,298.70 Cr | +₹9,331.60 Cr | −₹1,032.90 Cr |
| 12 Dec 2023 | +₹16,037.10 Cr | +₹15,960.20 Cr | +₹76.90 Cr | +₹12,206.20 Cr | +₹10,282.90 Cr | +₹1,923.30 Cr |
| 13 Dec 2023 | +₹19,273.30 Cr | +₹14,562.40 Cr | +₹4,710.90 Cr | +₹8,697.20 Cr | +₹9,655.70 Cr | −₹958.50 Cr |
| 14 Dec 2023 | +₹21,080.40 Cr | +₹17,510.30 Cr | +₹3,570.10 Cr | +₹12,118.30 Cr | +₹11,565.10 Cr | +₹553.20 Cr |
| 15 Dec 2023 | +₹37,677.60 Cr | +₹28,438.20 Cr | +₹9,239.40 Cr | +₹11,300.60 Cr | +₹14,378.00 Cr | −₹3,077.40 Cr |
| 18 Dec 2023 | +₹11,473.50 Cr | +₹11,507.00 Cr | −₹33.50 Cr | +₹9,657.80 Cr | +₹9,243.90 Cr | +₹413.90 Cr |
| 19 Dec 2023 | +₹11,748.80 Cr | +₹12,350.30 Cr | −₹601.50 Cr | +₹8,728.80 Cr | +₹8,434.50 Cr | +₹294.40 Cr |
| 20 Dec 2023 | +₹19,190.00 Cr | +₹20,512.10 Cr | −₹1,322.10 Cr | +₹16,194.20 Cr | +₹11,439.80 Cr | +₹4,754.30 Cr |
| 21 Dec 2023 | +₹9,715.30 Cr | +₹11,351.50 Cr | −₹1,636.20 Cr | +₹9,750.20 Cr | +₹8,285.50 Cr | +₹1,464.70 Cr |
| 22 Dec 2023 | +₹10,905.90 Cr | +₹13,734.80 Cr | −₹2,828.90 Cr | +₹10,332.20 Cr | +₹8,165.40 Cr | +₹2,166.70 Cr |
| 26 Dec 2023 | +₹6,174.20 Cr | +₹6,269.40 Cr | −₹95.20 Cr | +₹8,830.00 Cr | +₹8,663.00 Cr | +₹167.00 Cr |
| 27 Dec 2023 | +₹10,654.10 Cr | +₹7,728.10 Cr | +₹2,926.00 Cr | +₹9,136.80 Cr | +₹9,328.80 Cr | −₹192.00 Cr |
| 28 Dec 2023 | +₹13,489.80 Cr | +₹9,130.80 Cr | +₹4,359.00 Cr | +₹18,258.20 Cr | +₹18,121.60 Cr | +₹136.60 Cr |
| 29 Dec 2023 | +₹9,503.60 Cr | +₹8,044.40 Cr | +₹1,459.10 Cr | +₹10,908.50 Cr | +₹10,354.10 Cr | +₹554.40 Cr |
How Dec 2023 compares
Monthly net flows for the 24 months the rank is measured against, ₹ crore.
| Month | FII net | DII net | Combined | Sessions |
|---|---|---|---|---|
| Dec 2023 | +₹31,959.80 Cr | +₹12,942.30 Cr | +₹44,902.10 Cr | 20 |
| Nov 2023 | +₹3,875.60 Cr | +₹14,253.60 Cr | +₹18,129.20 Cr | 21 |
| Oct 2023 | −₹30,827.30 Cr | +₹28,253.90 Cr | −₹2,573.40 Cr | 20 |
| 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 |
Sector-wise FPI flows
Sector-wise foreign portfolio investment (FPI) figures come from fortnightly disclosures. The reports dated 15 Dec 2023 and 31 Dec 2023 show a net FPI flow of +₹84,537 Cr across sectors.
Largest inflows
| Sector | FPI net |
|---|---|
| Financial Services | +₹30,765.00 Cr |
| Sovereign | +₹14,638.00 Cr |
| Capital Goods | +₹5,803.00 Cr |
| Information Technology | +₹5,185.00 Cr |
| Realty | +₹3,682.00 Cr |
Largest outflows
| Sector | FPI net |
|---|---|
| Media, Entertainment & Publication | −₹1,258.00 Cr |
| Oil, Gas & Consumable Fuels | −₹542.00 Cr |
| Textiles | −₹138.00 Cr |
| Forest Materials | −₹30.00 Cr |
| Utilities | −₹12.00 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 Dec 2023. Provisional exchange figures; for research and information only, not investment advice. Markdown version.