The FII DII data for October 26 tells a familiar October story with one twist. Foreign institutional investors went back to selling Indian shares on Monday, dumping a net ₹1,462.49 crore in the cash market, while domestic institutions bought a net ₹2,609.57 crore, according to provisional exchange data reported by CNBC-TV18. The twist is that the market still went up.
In this article
FII DII data for October 26: the cash market numbers
FIIs bought shares worth ₹9,324.90 crore and sold ₹10,787.39 crore. DIIs bought ₹17,389.57 crore and sold ₹14,780 crore. Put the two net figures side by side and domestic buying beat foreign selling by about ₹1,147 crore for the day.
It was a quick reversal for the foreigners. On Friday, October 23, they had been net buyers of ₹887.65 crore, as Moneycontrol pointed out. One buying day was not enough to call a turn, and Monday confirmed that.
What FIIs did in derivatives
The F&O side is messier, and it’s where we’d spend a minute. Moneycontrol’s FII/DII tracker shows FIIs were net buyers of ₹444.80 crore in index futures and ₹4,716.48 crore in stock futures on October 26. They were net sellers of ₹7,789.97 crore in index options and ₹1,483.55 crore in stock options.
A positive stock-futures figure next to cash selling is not a clean signal either way. Futures positions can be hedges as much as bets, and options numbers swing wildly from day to day. On Friday, for instance, the same tracker showed FIIs as net buyers of ₹12,360.54 crore in index options. So we would not read too much into one session’s derivatives print.
The market ignored the selling
Benchmarks closed at the day’s high anyway. CNBC-TV18 reported the Sensex up 483 points at 73,607 and the Nifty up 153 points at 22,753. Moneycontrol put the Nifty 50 close at 22,753.20, a gain of 0.68%, and said the day snapped a four-day losing streak. The Nifty Bank rose 79.33 points to 54,367 and the midcap index added 665 points to 56,465, per CNBC-TV18. We covered the session itself in our Sensex rebound report for October 26.
That is the pattern of the month in a nutshell. When domestic money outweighs foreign selling by a four-figure crore number, the index can hold up even on a day FIIs are heading for the exit.
The bigger picture for October
Last week, the four sessions to October 23, FIIs sold a net ₹2,697.37 crore while DIIs bought ₹10,942.19 crore, according to CNBC-TV18. DIIs were buyers on all four days. Our note on FPI selling in the week to October 23 has the day-by-day split.
For the month so far, Moneycontrol estimates cumulative FII selling at roughly ₹52,930 crore, against DII buying of more than ₹61,700 crore, which leaves the combined October flow positive. The biggest single-day FII outflow this month was ₹12,943.58 crore on October 8. On a year-to-date basis, Moneycontrol puts FII net selling at around ₹4.5 lakh crore.
What it means
Two things stand out. First, foreign selling hasn’t stopped; Friday’s buying looks like a pause, not a change of heart. Second, domestic institutions keep soaking it up, and as long as that holds, sharp FII outflows don’t automatically turn into sharp index falls.
Keep in mind that these are provisional numbers. NSE says on its FII/DII activity page that the data is provisional and can change, and that final FII figures come from NSDL. For the triggers lined up for the rest of the week, see our week-ahead note.
Disclaimer: This article is for information and education only and is not investment advice. Please do your own research or consult a SEBI-registered adviser before investing.
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