In 2024, Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) have exhibited notable trading activities in India's financial markets.
FII Inflows and Outflows:
January 2024: FIIs recorded a significant outflow of $3.1 billion, the highest since February 2023. This was influenced by various economic and political uncertainties (India Infoline).
May 2024: FIIs sold $3.06 billion worth of Indian equities, marking a considerable net outflow. Sectors like financial services, IT, oil & gas, and FMCG experienced the most significant outflows during this period (India Infoline).
Sector Performance: Despite the overall outflows, sectors such as capital goods, consumer services, and realty saw net inflows, driven by positive market dynamics and government capital expenditure (India Infoline).
DII Inflows:
Throughout early 2024, DIIs maintained a consistent pattern of inflows, counterbalancing some of the outflows from FIIs. For example, in January 2024, DIIs recorded inflows of $3.2 billion, marking their sixth consecutive month of net buying (NSE India).
In general, DIIs have continued to support the market by investing heavily, particularly during periods of FII outflows (NSE India) (India Infoline).
Overall Trends:
The trend of FIIs pulling out capital is partly offset by the strong participation of DIIs, which helps stabilize the market. This dynamic underscores the resilience and potential of the Indian market despite external pressures (NSE India) (India Infoline).
Monthly wise numbers
Here is the monthly data for Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) inflows and outflows in India for 2024:
FII Monthly Inflows/Outflows:
January 2024: Net outflow of $3.1 billion.
February 2024: Net inflow of $3.8 billion.
March 2024: Net inflow of $4.24 billion.
April 2024: Data not specified.
May 2024: Net outflow of $3.06 billion.
DII Monthly Inflows/Outflows:
January 2024: Net inflow of $3.2 billion.
February 2024: Continued inflows (specific figure not detailed).
March 2024: Continued inflows (specific figure not detailed).
April 2024: Data not specified.
May 2024: Continued net buying, offsetting some FII outflows.
Summary:
January saw significant FII outflows, marking the highest since February 2023, while DIIs continued to inject capital, maintaining a positive net inflow.
February witnessed a reversal with FIIs turning into net buyers, particularly investing heavily in sectors like FMCG and financial services.
March continued the trend of FII inflows, with a substantial net investment, particularly in the first half of the month.
May saw a return to net outflows from FIIs, driven by large sales in financial services, IT, oil & gas, and FMCG sectors. However, DIIs maintained their pattern of net buying, stabilizing the market somewhat.
These inflow and outflow patterns reflect the dynamic responses of FIIs and DIIs to global and domestic economic conditions, policy changes, and market sentiments.
For detailed and ongoing updates, you can refer to sources such as the NSE India, NSDL, and platforms like Sensibull (NSE India) (Sensibull).
Here is a chart illustrating the monthly Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) inflows and outflows in India for 2024:
FII Values (in red): Show the net inflows/outflows each month.
DII Values (in green): Indicate the net inflows each month.
This visual representation helps to understand the trends and fluctuations in investor behavior over the first five months of 2024.