FII and DII Flows in May 2023
Final for the month: 22 sessions, 2 May 2023 to 31 May 2023.
| Measure | FII / FPI | DII |
|---|---|---|
| Net flow | +₹27,857 Cr | −₹3,306 Cr |
| Gross buying | ₹2,36,946 Cr | ₹1,35,524 Cr |
| Gross selling | ₹2,09,089 Cr | ₹1,38,831 Cr |
| Net-buy / net-sell sessions | 21 / 1 | 11 / 11 |
| Biggest net-sell day | ₹114 Cr on 19 May 2023 | ₹2,529 Cr on 31 May 2023 |
| Biggest net-buy day | ₹3,406 Cr on 31 May 2023 | ₹1,841 Cr on 26 May 2023 |
| Longest selling streak | 1 session (19 May 2023–19 May 2023) | 3 sessions (10 May 2023–12 May 2023) |
| Longest buying streak | 13 sessions (2 May 2023–18 May 2023) | 7 sessions (19 May 2023–29 May 2023) |
| Rank in 24 months | Net inflow (24th of 24 by outflow) | Net outflow (22nd of 24 by inflow) |
Foreign institutions (FII/FPI)
- FIIs bought ₹2,36,946 Cr and sold ₹2,09,089 Cr gross, a net of +₹27,857 Cr.
- FIIs were net buyers on 21 sessions and net sellers on 1.
- The largest single-day net sale was ₹114 Cr on 19 May 2023.
- The largest single-day net purchase was ₹3,406 Cr on 31 May 2023.
- They bought on 13 consecutive sessions from 2 May 2023 to 18 May 2023.
Domestic institutions (DII)
- DIIs bought ₹1,35,524 Cr and sold ₹1,38,831 Cr gross, a net of −₹3,306 Cr.
- DIIs were net buyers on 11 sessions and net sellers on 11.
- The largest single-day net sale was ₹2,529 Cr on 31 May 2023.
- The largest single-day net purchase was ₹1,841 Cr on 26 May 2023.
- They sold on 3 consecutive sessions from 10 May 2023 to 12 May 2023.
- They bought on 7 consecutive sessions from 19 May 2023 to 29 May 2023.
Every session in May 2023
₹ crore. Net is gross buying minus gross selling.
| Date | FII buy | FII sell | FII net | DII buy | DII sell | DII net |
|---|---|---|---|---|---|---|
| 2 May 2023 | +₹9,972.50 Cr | +₹7,975.20 Cr | +₹1,997.40 Cr | +₹5,649.50 Cr | +₹6,043.60 Cr | −₹394.00 Cr |
| 3 May 2023 | +₹7,498.80 Cr | +₹6,160.80 Cr | +₹1,338.00 Cr | +₹5,390.80 Cr | +₹5,974.80 Cr | −₹584.00 Cr |
| 4 May 2023 | +₹7,311.00 Cr | +₹5,896.30 Cr | +₹1,414.70 Cr | +₹5,611.20 Cr | +₹5,169.60 Cr | +₹441.60 Cr |
| 5 May 2023 | +₹8,243.00 Cr | +₹7,465.30 Cr | +₹777.70 Cr | +₹4,956.50 Cr | +₹7,155.30 Cr | −₹2,198.80 Cr |
| 8 May 2023 | +₹8,705.40 Cr | +₹6,581.60 Cr | +₹2,123.80 Cr | +₹6,252.50 Cr | +₹6,007.20 Cr | +₹245.30 Cr |
| 9 May 2023 | +₹9,375.40 Cr | +₹7,433.20 Cr | +₹1,942.20 Cr | +₹7,148.40 Cr | +₹6,743.60 Cr | +₹404.70 Cr |
| 10 May 2023 | +₹8,094.70 Cr | +₹6,261.60 Cr | +₹1,833.10 Cr | +₹5,061.70 Cr | +₹5,851.40 Cr | −₹789.70 Cr |
| 11 May 2023 | +₹7,950.80 Cr | +₹7,113.60 Cr | +₹837.20 Cr | +₹7,026.40 Cr | +₹7,226.50 Cr | −₹200.10 Cr |
| 12 May 2023 | +₹9,159.50 Cr | +₹8,145.40 Cr | +₹1,014.10 Cr | +₹5,457.40 Cr | +₹6,379.60 Cr | −₹922.20 Cr |
| 15 May 2023 | +₹7,676.30 Cr | +₹5,991.00 Cr | +₹1,685.30 Cr | +₹5,505.60 Cr | +₹5,314.40 Cr | +₹191.20 Cr |
| 16 May 2023 | +₹7,783.20 Cr | +₹6,376.30 Cr | +₹1,406.90 Cr | +₹6,138.60 Cr | +₹7,024.80 Cr | −₹886.20 Cr |
| 17 May 2023 | +₹7,478.20 Cr | +₹7,328.90 Cr | +₹149.30 Cr | +₹6,046.80 Cr | +₹6,250.70 Cr | −₹203.90 Cr |
| 18 May 2023 | +₹7,731.50 Cr | +₹6,761.30 Cr | +₹970.20 Cr | +₹4,830.80 Cr | +₹5,680.80 Cr | −₹850.00 Cr |
| 19 May 2023 | +₹7,325.40 Cr | +₹7,438.90 Cr | −₹113.50 Cr | +₹6,427.80 Cr | +₹5,356.40 Cr | +₹1,071.40 Cr |
| 22 May 2023 | +₹6,956.60 Cr | +₹6,033.70 Cr | +₹922.90 Cr | +₹5,486.80 Cr | +₹4,882.20 Cr | +₹604.60 Cr |
| 23 May 2023 | +₹7,829.50 Cr | +₹7,647.00 Cr | +₹182.50 Cr | +₹5,543.10 Cr | +₹5,145.80 Cr | +₹397.30 Cr |
| 24 May 2023 | +₹8,548.50 Cr | +₹7,362.60 Cr | +₹1,185.80 Cr | +₹5,880.80 Cr | +₹5,579.90 Cr | +₹300.90 Cr |
| 25 May 2023 | +₹8,521.10 Cr | +₹7,932.00 Cr | +₹589.10 Cr | +₹5,522.80 Cr | +₹5,184.40 Cr | +₹338.40 Cr |
| 26 May 2023 | +₹8,203.30 Cr | +₹7,853.20 Cr | +₹350.20 Cr | +₹7,705.60 Cr | +₹5,864.60 Cr | +₹1,841.00 Cr |
| 29 May 2023 | +₹7,767.00 Cr | +₹6,008.80 Cr | +₹1,758.20 Cr | +₹6,217.70 Cr | +₹5,364.20 Cr | +₹853.60 Cr |
| 30 May 2023 | +₹9,789.50 Cr | +₹7,703.80 Cr | +₹2,085.60 Cr | +₹5,937.00 Cr | +₹6,376.00 Cr | −₹438.90 Cr |
| 31 May 2023 | +₹65,024.40 Cr | +₹61,618.50 Cr | +₹3,405.90 Cr | +₹11,726.50 Cr | +₹14,255.00 Cr | −₹2,528.50 Cr |
How May 2023 compares
Monthly net flows for the 24 months the rank is measured against, ₹ crore.
| Month | FII net | DII net | Combined | Sessions |
|---|---|---|---|---|
| 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 |
| 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 |
Sector-wise FPI flows
Sector-wise foreign portfolio investment (FPI) figures come from fortnightly disclosures. The reports dated 15 May 2023 and 31 May 2023 show a net FPI flow of +₹48,330 Cr across sectors.
Largest inflows
| Sector | FPI net |
|---|---|
| Financial Services | +₹18,936.00 Cr |
| Automobile and Auto Components | +₹8,702.00 Cr |
| Sovereign | +₹4,565.00 Cr |
| Fast Moving Consumer Goods | +₹3,235.00 Cr |
| Consumer Services | +₹2,915.00 Cr |
Largest outflows
| Sector | FPI net |
|---|---|
| Information Technology | −₹891.00 Cr |
| Media, Entertainment & Publication | −₹719.00 Cr |
| Power | −₹649.00 Cr |
| Metals & Mining | −₹619.00 Cr |
| Construction | −₹363.00 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 May 2023?
Foreign institutional investors (FIIs) were net buyers of Indian equities in May 2023, with a net inflow of ₹27,857 Cr in the cash market across all 22 trading sessions. Domestic institutional investors (DIIs) were net sellers of ₹3,306 Cr, leaving a combined institutional flow of +₹24,550 Cr.
How does May 2023 rank against recent months?
May 2023 is an FII net inflow, ranking 24th of 24 by outflow over the 24 months since Jun 2021, and a DII net outflow (22nd of 24 by 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