FII and DII Flows in December 2023
Final for the month: 20 sessions, 1 Dec 2023 to 29 Dec 2023.
| 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.
Frequently asked questions
Were FIIs net buyers or sellers in December 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.
How does December 2023 rank against recent months?
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.
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