FII and DII Flows in May 2024

Final for the month: 22 sessions, 2 May 2024 to 31 May 2024.

Foreign institutional investors (FIIs) were net sellers of Indian equities in May 2024, with a net outflow of ₹42,214 Cr in the cash market across all 22 trading sessions. Domestic institutional investors (DIIs) were net buyers of ₹55,733 Cr, leaving a combined institutional flow of +₹13,519 Cr.

May 2024 is the 2nd-largest FII net outflow of the 24 months since Jun 2022, and the 2nd-largest DII net inflow.

May 2024 FII and DII flows summary, ₹ crore
MeasureFII / FPIDII
Net flow−₹42,214 Cr+₹55,733 Cr
Gross buying₹3,81,297 Cr₹2,91,806 Cr
Gross selling₹4,23,511 Cr₹2,36,073 Cr
Net-buy / net-sell sessions4 / 1821 / 1
Biggest net-sell day₹6,995 Cr on 9 May 2024₹153 Cr on 18 May 2024
Biggest net-buy day₹4,671 Cr on 23 May 2024₹5,929 Cr on 8 May 2024
Longest selling streak11 sessions (2 May 2024–16 May 2024)1 session (18 May 2024–18 May 2024)
Longest buying streak1 session (17 May 2024–17 May 2024)12 sessions (2 May 2024–17 May 2024)
Rank in 24 months2nd-largest outflow2nd-largest inflow

Foreign institutions (FII/FPI)

  • FIIs bought ₹3,81,297 Cr and sold ₹4,23,511 Cr gross, a net of −₹42,214 Cr.
  • FIIs were net buyers on 4 sessions and net sellers on 18.
  • The largest single-day net sale was ₹6,995 Cr on 9 May 2024.
  • The largest single-day net purchase was ₹4,671 Cr on 23 May 2024.
  • They sold on 11 consecutive sessions from 2 May 2024 to 16 May 2024.

Domestic institutions (DII)

  • DIIs bought ₹2,91,806 Cr and sold ₹2,36,073 Cr gross, a net of +₹55,733 Cr.
  • DIIs were net buyers on 21 sessions and net sellers on 1.
  • The largest single-day net sale was ₹153 Cr on 18 May 2024.
  • The largest single-day net purchase was ₹5,929 Cr on 8 May 2024.
  • They bought on 12 consecutive sessions from 2 May 2024 to 17 May 2024.

Every session in May 2024

₹ crore. Net is gross buying minus gross selling.

DateFII buyFII sellFII netDII buyDII sellDII net
2 May 2024+₹16,786.80 Cr+₹17,751.30 Cr−₹964.50 Cr+₹15,122.30 Cr+₹13,769.90 Cr+₹1,352.40 Cr
3 May 2024+₹17,440.10 Cr+₹19,832.10 Cr−₹2,392.00 Cr+₹13,865.90 Cr+₹13,175.40 Cr+₹690.50 Cr
6 May 2024+₹12,598.20 Cr+₹14,767.00 Cr−₹2,168.80 Cr+₹13,791.20 Cr+₹13,009.80 Cr+₹781.40 Cr
7 May 2024+₹13,726.80 Cr+₹17,395.60 Cr−₹3,668.80 Cr+₹13,202.80 Cr+₹10,898.30 Cr+₹2,304.50 Cr
8 May 2024+₹11,984.50 Cr+₹18,653.60 Cr−₹6,669.10 Cr+₹15,333.30 Cr+₹9,404.40 Cr+₹5,928.80 Cr
9 May 2024+₹11,353.00 Cr+₹18,347.90 Cr−₹6,994.90 Cr+₹16,351.30 Cr+₹10,708.80 Cr+₹5,642.50 Cr
10 May 2024+₹11,603.30 Cr+₹13,720.80 Cr−₹2,117.50 Cr+₹10,677.80 Cr+₹7,968.00 Cr+₹2,709.80 Cr
13 May 2024+₹10,309.40 Cr+₹14,808.40 Cr−₹4,498.90 Cr+₹12,655.80 Cr+₹9,093.00 Cr+₹3,562.80 Cr
14 May 2024+₹9,988.30 Cr+₹14,053.90 Cr−₹4,065.50 Cr+₹11,455.10 Cr+₹7,927.20 Cr+₹3,527.90 Cr
15 May 2024+₹11,412.00 Cr+₹14,244.90 Cr−₹2,832.80 Cr+₹12,915.40 Cr+₹9,127.00 Cr+₹3,788.40 Cr
16 May 2024+₹16,603.60 Cr+₹17,380.10 Cr−₹776.50 Cr+₹14,907.70 Cr+₹12,779.90 Cr+₹2,127.80 Cr
17 May 2024+₹15,820.60 Cr+₹14,203.80 Cr+₹1,616.80 Cr+₹11,656.60 Cr+₹10,100.40 Cr+₹1,556.20 Cr
18 May 2024+₹50.70 Cr+₹143.70 Cr−₹93.00 Cr+₹149.10 Cr+₹301.90 Cr−₹152.90 Cr
21 May 2024+₹17,681.00 Cr+₹19,555.60 Cr−₹1,874.50 Cr+₹16,104.50 Cr+₹12,555.50 Cr+₹3,549.00 Cr
22 May 2024+₹16,061.40 Cr+₹16,747.50 Cr−₹686.00 Cr+₹13,486.30 Cr+₹12,524.40 Cr+₹961.90 Cr
23 May 2024+₹19,821.60 Cr+₹15,150.60 Cr+₹4,671.00 Cr+₹12,439.40 Cr+₹12,292.90 Cr+₹146.50 Cr
24 May 2024+₹11,564.20 Cr+₹12,509.00 Cr−₹944.80 Cr+₹13,475.70 Cr+₹11,155.40 Cr+₹2,320.30 Cr
27 May 2024+₹14,013.40 Cr+₹14,554.60 Cr−₹541.20 Cr+₹12,902.60 Cr+₹11,980.00 Cr+₹922.60 Cr
28 May 2024+₹14,739.40 Cr+₹14,673.90 Cr+₹65.60 Cr+₹13,169.70 Cr+₹9,938.00 Cr+₹3,231.70 Cr
29 May 2024+₹14,162.00 Cr+₹20,003.90 Cr−₹5,841.80 Cr+₹12,954.20 Cr+₹7,720.40 Cr+₹5,233.80 Cr
30 May 2024+₹18,108.70 Cr+₹21,158.80 Cr−₹3,050.20 Cr+₹13,748.50 Cr+₹10,315.60 Cr+₹3,432.90 Cr
31 May 2024+₹95,467.60 Cr+₹93,854.30 Cr+₹1,613.20 Cr+₹21,441.20 Cr+₹19,327.00 Cr+₹2,114.20 Cr

How May 2024 compares

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

MonthFII netDII netCombinedSessions
May 2024−₹42,214.20 Cr+₹55,733.00 Cr+₹13,518.80 Cr22
Apr 2024−₹35,692.10 Cr+₹44,186.10 Cr+₹8,494.00 Cr20
Mar 2024+₹3,314.30 Cr+₹56,311.70 Cr+₹59,626.00 Cr19
Feb 2024−₹15,962.70 Cr+₹25,379.30 Cr+₹9,416.60 Cr21
Jan 2024−₹35,977.80 Cr+₹26,743.60 Cr−₹9,234.20 Cr22
Dec 2023+₹31,959.80 Cr+₹12,942.30 Cr+₹44,902.10 Cr20
Nov 2023+₹3,875.60 Cr+₹14,253.60 Cr+₹18,129.20 Cr21
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

Sector-wise FPI flows

Sector-wise foreign portfolio investment (FPI) figures come from fortnightly disclosures. The reports dated 15 May 2024 and 31 May 2024 show a net FPI flow of −₹12,910 Cr across sectors.

Largest inflows

SectorFPI net
Sovereign+₹6,939.00 Cr
Capital Goods+₹6,024.00 Cr
Others+₹4,759.00 Cr
Consumer Services+₹2,343.00 Cr
Telecommunication+₹1,106.00 Cr

Largest outflows

SectorFPI net
Financial Services−₹8,077.00 Cr
Information Technology−₹5,802.00 Cr
Oil, Gas & Consumable Fuels−₹5,554.00 Cr
Fast Moving Consumer Goods−₹4,173.00 Cr
Automobile and Auto Components−₹4,029.00 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 May 2024. Provisional exchange figures; for research and information only, not investment advice. Markdown version.