---
title: "FII and DII Flows in December 2023"
canonical: "https://tapetide.com/insight/reports/fii-dii-flows/2023-12"
last_updated: "2023-12-29"
generated_at: "2026-10-25T10:58:41.183Z"
---

# FII and DII Flows in December 2023

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

Final for the month: 20 trading sessions, 2023-12-01 to 2023-12-29.

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.

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.

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.

Canonical page: https://tapetide.com/insight/reports/fii-dii-flows/2023-12

- **FII net:** 31959.8
- **FII gross buy:** 299153.2
- **FII gross sell:** 267193.2
- **DII net:** 12942.3
- **DII gross buy:** 224569.2
- **DII gross sell:** 211627
- **Combined net:** 44902.1
- **Sessions:** 20 (2023-12-01 to 2023-12-29)
- **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 Dec 2023 (₹ crore)

| Date | FII Buy | FII Sell | FII Net | DII Buy | DII Sell | DII Net |
| --- | --- | --- | --- | --- | --- | --- |
| 2023-12-01 | 10522.4 | 8932.8 | 1589.6 | 11173 | 9725 | 1448.1 |
| 2023-12-04 | 18705.2 | 16632 | 2073.2 | 16342 | 11544.8 | 4797.2 |
| 2023-12-05 | 17190.7 | 11967.2 | 5223.5 | 11467.1 | 12866.3 | -1399.2 |
| 2023-12-06 | 11836.4 | 11916.3 | -79.9 | 12323.2 | 10951 | 1372.2 |
| 2023-12-07 | 13934.9 | 15498.9 | -1564 | 9313.1 | 9322.8 | -9.7 |
| 2023-12-08 | 19329.3 | 15697 | 3632.3 | 9533.1 | 9967.2 | -434 |
| 2023-12-11 | 10710.7 | 9449.5 | 1261.1 | 8298.7 | 9331.6 | -1032.9 |
| 2023-12-12 | 16037.1 | 15960.2 | 76.9 | 12206.2 | 10282.9 | 1923.3 |
| 2023-12-13 | 19273.3 | 14562.4 | 4710.9 | 8697.2 | 9655.7 | -958.5 |
| 2023-12-14 | 21080.4 | 17510.3 | 3570.1 | 12118.3 | 11565.1 | 553.2 |
| 2023-12-15 | 37677.6 | 28438.2 | 9239.4 | 11300.6 | 14378 | -3077.4 |
| 2023-12-18 | 11473.5 | 11507 | -33.5 | 9657.8 | 9243.9 | 413.9 |
| 2023-12-19 | 11748.8 | 12350.3 | -601.5 | 8728.8 | 8434.5 | 294.4 |
| 2023-12-20 | 19190 | 20512.1 | -1322.1 | 16194.2 | 11439.8 | 4754.3 |
| 2023-12-21 | 9715.3 | 11351.5 | -1636.2 | 9750.2 | 8285.5 | 1464.7 |
| 2023-12-22 | 10905.9 | 13734.8 | -2828.9 | 10332.2 | 8165.4 | 2166.7 |
| 2023-12-26 | 6174.2 | 6269.4 | -95.2 | 8830 | 8663 | 167 |
| 2023-12-27 | 10654.1 | 7728.1 | 2926 | 9136.8 | 9328.8 | -192 |
| 2023-12-28 | 13489.8 | 9130.8 | 4359 | 18258.2 | 18121.6 | 136.6 |
| 2023-12-29 | 9503.6 | 8044.4 | 1459.1 | 10908.5 | 10354.1 | 554.4 |

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

| Month | FII Net | DII Net | Combined | Sessions |
| --- | --- | --- | --- | --- |
| Dec 2023 | 31959.8 | 12942.3 | 44902.1 | 20 |
| Nov 2023 | 3875.6 | 14253.6 | 18129.2 | 21 |
| Oct 2023 | -30827.3 | 28253.9 | -2573.4 | 20 |
| Sep 2023 | -26692.3 | 20312.9 | -6379.4 | 20 |
| Aug 2023 | -20620.6 | 25017 | 4396.4 | 22 |
| Jul 2023 | 15533.1 | -2697.5 | 12835.6 | 21 |
| Jun 2023 | 27249.9 | 4458 | 31707.9 | 21 |
| 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 |

### Sector-wise FPI: largest inflows

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.

| Sector | FPI Net (₹ crore) |
| --- | --- |
| Financial Services | 30765 |
| Sovereign | 14638 |
| Capital Goods | 5803 |
| Information Technology | 5185 |
| Realty | 3682 |

### Sector-wise FPI: largest outflows

| Sector | FPI Net (₹ crore) |
| --- | --- |
| Media, Entertainment & Publication | -1258 |
| Oil, Gas & Consumable Fuels | -542 |
| Textiles | -138 |
| Forest Materials | -30 |
| Utilities | -12 |

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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 2026-10-25T10:58:41.183Z.
