FII and DII Flows in March 2023
Final for the month: 21 sessions, 1 Mar 2023 to 31 Mar 2023.
| Measure | FII / FPI | DII |
|---|---|---|
| Net flow | +₹1,998 Cr | +₹30,549 Cr |
| Gross buying | ₹1,75,539 Cr | ₹1,39,075 Cr |
| Gross selling | ₹1,73,541 Cr | ₹1,08,526 Cr |
| Net-buy / net-sell sessions | 8 / 13 | 19 / 2 |
| Biggest net-sell day | ₹3,087 Cr on 14 Mar 2023 | ₹938 Cr on 8 Mar 2023 |
| Biggest net-buy day | ₹12,771 Cr on 2 Mar 2023 | ₹2,877 Cr on 20 Mar 2023 |
| Longest selling streak | 9 sessions (9 Mar 2023–21 Mar 2023) | 1 session (8 Mar 2023–8 Mar 2023) |
| Longest buying streak | 4 sessions (2 Mar 2023–8 Mar 2023) | 13 sessions (9 Mar 2023–27 Mar 2023) |
| Rank in 24 months | Net inflow (22nd of 24 by outflow) | 9th-largest inflow |
Foreign institutions (FII/FPI)
- FIIs bought ₹1,75,539 Cr and sold ₹1,73,541 Cr gross, a net of +₹1,998 Cr.
- FIIs were net buyers on 8 sessions and net sellers on 13.
- The largest single-day net sale was ₹3,087 Cr on 14 Mar 2023.
- The largest single-day net purchase was ₹12,771 Cr on 2 Mar 2023.
- They sold on 9 consecutive sessions from 9 Mar 2023 to 21 Mar 2023.
- They bought on 4 consecutive sessions from 2 Mar 2023 to 8 Mar 2023.
Domestic institutions (DII)
- DIIs bought ₹1,39,075 Cr and sold ₹1,08,526 Cr gross, a net of +₹30,549 Cr.
- DIIs were net buyers on 19 sessions and net sellers on 2.
- The largest single-day net sale was ₹938 Cr on 8 Mar 2023.
- The largest single-day net purchase was ₹2,877 Cr on 20 Mar 2023.
- They bought on 13 consecutive sessions from 9 Mar 2023 to 27 Mar 2023.
Every session in Mar 2023
₹ crore. Net is gross buying minus gross selling.
| Date | FII buy | FII sell | FII net | DII buy | DII sell | DII net |
|---|---|---|---|---|---|---|
| 1 Mar 2023 | +₹6,953.40 Cr | +₹7,378.30 Cr | −₹424.90 Cr | +₹5,918.70 Cr | +₹4,420.10 Cr | +₹1,498.70 Cr |
| 2 Mar 2023 | +₹20,596.10 Cr | +₹7,825.30 Cr | +₹12,770.80 Cr | +₹5,948.20 Cr | +₹3,819.40 Cr | +₹2,128.80 Cr |
| 3 Mar 2023 | +₹6,969.40 Cr | +₹6,723.20 Cr | +₹246.20 Cr | +₹5,869.60 Cr | +₹3,779.70 Cr | +₹2,089.90 Cr |
| 6 Mar 2023 | +₹7,035.20 Cr | +₹6,313.80 Cr | +₹721.40 Cr | +₹5,659.60 Cr | +₹4,902.40 Cr | +₹757.20 Cr |
| 8 Mar 2023 | +₹11,451.00 Cr | +₹7,779.40 Cr | +₹3,671.60 Cr | +₹4,625.60 Cr | +₹5,563.40 Cr | −₹937.80 Cr |
| 9 Mar 2023 | +₹7,570.50 Cr | +₹8,132.30 Cr | −₹561.80 Cr | +₹4,606.70 Cr | +₹4,564.30 Cr | +₹42.40 Cr |
| 10 Mar 2023 | +₹5,117.30 Cr | +₹7,178.80 Cr | −₹2,061.50 Cr | +₹5,167.70 Cr | +₹3,817.60 Cr | +₹1,350.10 Cr |
| 13 Mar 2023 | +₹10,135.30 Cr | +₹11,682.10 Cr | −₹1,546.90 Cr | +₹7,476.60 Cr | +₹6,058.00 Cr | +₹1,418.60 Cr |
| 14 Mar 2023 | +₹6,737.40 Cr | +₹9,824.30 Cr | −₹3,087.00 Cr | +₹7,024.20 Cr | +₹4,902.30 Cr | +₹2,121.90 Cr |
| 15 Mar 2023 | +₹5,769.40 Cr | +₹7,040.70 Cr | −₹1,271.20 Cr | +₹6,343.80 Cr | +₹4,519.90 Cr | +₹1,823.90 Cr |
| 16 Mar 2023 | +₹7,993.20 Cr | +₹8,275.20 Cr | −₹282.10 Cr | +₹9,226.50 Cr | +₹7,175.00 Cr | +₹2,051.40 Cr |
| 17 Mar 2023 | +₹18,734.40 Cr | +₹20,500.90 Cr | −₹1,766.50 Cr | +₹9,693.50 Cr | +₹7,876.30 Cr | +₹1,817.10 Cr |
| 20 Mar 2023 | +₹4,747.90 Cr | +₹7,293.80 Cr | −₹2,545.90 Cr | +₹9,105.40 Cr | +₹6,228.70 Cr | +₹2,876.60 Cr |
| 21 Mar 2023 | +₹5,900.60 Cr | +₹7,355.30 Cr | −₹1,454.60 Cr | +₹7,628.20 Cr | +₹5,682.20 Cr | +₹1,946.10 Cr |
| 22 Mar 2023 | +₹6,159.60 Cr | +₹6,097.80 Cr | +₹61.70 Cr | +₹4,755.40 Cr | +₹4,371.90 Cr | +₹383.50 Cr |
| 23 Mar 2023 | +₹5,939.90 Cr | +₹6,934.90 Cr | −₹995.00 Cr | +₹6,185.10 Cr | +₹4,516.30 Cr | +₹1,668.80 Cr |
| 24 Mar 2023 | +₹5,290.80 Cr | +₹7,011.20 Cr | −₹1,720.40 Cr | +₹5,418.20 Cr | +₹2,862.70 Cr | +₹2,555.50 Cr |
| 27 Mar 2023 | +₹4,883.40 Cr | +₹5,774.00 Cr | −₹890.60 Cr | +₹5,375.60 Cr | +₹3,566.70 Cr | +₹1,808.90 Cr |
| 28 Mar 2023 | +₹7,055.20 Cr | +₹5,524.10 Cr | +₹1,531.10 Cr | +₹4,637.90 Cr | +₹4,794.00 Cr | −₹156.10 Cr |
| 29 Mar 2023 | +₹9,097.00 Cr | +₹7,851.60 Cr | +₹1,245.40 Cr | +₹10,196.10 Cr | +₹9,373.10 Cr | +₹823.00 Cr |
| 31 Mar 2023 | +₹11,402.20 Cr | +₹11,044.40 Cr | +₹357.90 Cr | +₹8,212.30 Cr | +₹5,732.40 Cr | +₹2,480.00 Cr |
How Mar 2023 compares
Monthly net flows for the 24 months the rank is measured against, ₹ crore.
| Month | FII net | DII net | Combined | Sessions |
|---|---|---|---|---|
| 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 |
| Sep 2021 | +₹913.70 Cr | +₹5,948.80 Cr | +₹6,862.50 Cr | 21 |
| Aug 2021 | −₹2,568.50 Cr | +₹6,894.50 Cr | +₹4,326.00 Cr | 21 |
| Jul 2021 | −₹23,193.60 Cr | +₹18,394.10 Cr | −₹4,799.50 Cr | 21 |
| Jun 2021 | −₹25.90 Cr | +₹7,043.60 Cr | +₹7,017.70 Cr | 22 |
| May 2021 | −₹6,015.30 Cr | +₹2,067.10 Cr | −₹3,948.20 Cr | 20 |
| Apr 2021 | −₹12,693.20 Cr | +₹11,088.80 Cr | −₹1,604.40 Cr | 19 |
Sector-wise FPI flows
Sector-wise foreign portfolio investment (FPI) figures come from fortnightly disclosures. The reports dated 15 Mar 2023 and 31 Mar 2023 show a net FPI flow of +₹5,899 Cr across sectors.
Largest inflows
| Sector | FPI net |
|---|---|
| Services | +₹7,238.00 Cr |
| Sovereign | +₹5,184.00 Cr |
| Metals & Mining | +₹4,438.00 Cr |
| Power | +₹3,194.00 Cr |
| Automobile and Auto Components | +₹2,695.00 Cr |
Largest outflows
| Sector | FPI net |
|---|---|
| Others | −₹9,971.00 Cr |
| Information Technology | −₹6,910.00 Cr |
| Oil, Gas & Consumable Fuels | −₹6,837.00 Cr |
| Healthcare | −₹1,512.00 Cr |
| Financial Services | −₹742.00 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.
Frequently asked questions
Were FIIs net buyers or sellers in March 2023?
Foreign institutional investors (FIIs) were net buyers of Indian equities in March 2023, with a net inflow of ₹1,998 Cr in the cash market across all 21 trading sessions. Domestic institutional investors (DIIs) were net buyers of ₹30,549 Cr, leaving a combined institutional flow of +₹32,546 Cr.
How does March 2023 rank against recent months?
March 2023 is an FII net inflow, ranking 22nd of 24 by outflow over the 24 months since Apr 2021, and the 9th-largest DII net inflow.
Are these figures final?
They are the provisional cash-market figures the exchanges publish after each session. The report is for research and information only, not investment advice.
By Sanjay Mehta, Research lead How we research these reports