FII/DII Weekly Scorecard: Nov 07, 2026 — Bulls Gain Traction Amidst Inflows

Foreign institutional investors (FIIs) injected a colossal ₹35,809 crore this past week ending November 7, 2026, marking a significant bullish surge, while domestic institutional investors (DIIs) pulled back ₹19,045 crore, creating a notable divergence in market sentiment.

The Week’s Verdict: FIIs Unleash ₹35,809 Crore Firepower, DIIs Hit Brakes

This week was unequivocally defined by aggressive FII buying, a stark contrast to the consistent selling pressure observed from DIIs. The sheer magnitude of FII inflows, totaling ₹35,809 crore, dwarfs any prior week in the last quarter, signaling a strong conviction in Indian equities. This buying spree occurred even as DIIs, on net, divested ₹19,045 crore, suggesting a divergence in strategy or a shift in risk appetite between the two major investor classes. The Nifty closed the week at 25030.35, up 1.8% from the previous Friday’s close, with the Sensex reaching 81028.0.

A Thursday Thunderclap Drove the FII Rally

While FII buying was present throughout the five trading sessions, Thursday, November 5th, stood out as the absolute powerhouse. FIIs injected a staggering ₹14,975 crore on this single day, single-handedly accounting for over 41% of the week’s total inflow. This surge propelled the Nifty by 0.7% to close at 24875.10, a significant move that set the tone for the remainder of the week. Prior to this, Monday (November 2nd) saw a more modest FII inflow of ₹3,115 crore, indicating a gradual build-up before the decisive Thursday action. The preceding days, November 3rd and 4th, also witnessed robust FII participation, with inflows of ₹6,837 crore and ₹7,284 crore respectively. The week began with FIIs buying ₹3,599 crore on Friday, October 30th, suggesting a positive sentiment carried over from the previous week.

DIIs’ Consistent Exodus: A Counter-Narrative to FII Optimism

The DII data presents a starkly different picture. Every single trading day this week saw DIIs as net sellers. Their selling was most aggressive on Thursday, November 5th, when they divested ₹10,445 crore, coinciding with the peak FII buying. This suggests that while FIIs were aggressively accumulating, DIIs were actively booking profits or rebalancing their portfolios, perhaps anticipating a short-term correction or seeking to reduce their overall equity exposure. Monday, November 2nd, saw DIIs sell ₹392 crore, a relatively smaller outflow compared to other days, but it was the start of a consistent selling trend. Tuesday, November 3rd, and Wednesday, November 4th, witnessed DII selling of ₹3,679 crore and ₹3,712 crore respectively, before the major outflow on Thursday. The week concluded with DIIs selling ₹818 crore on Friday, October 30th, indicating their cautious stance has persisted for at least two weeks.

Sector Rotation Signals: IT and Industrials in FII’s Crosshairs

The sheer volume of FII buying this week strongly suggests a broad-based accumulation, but specific sector trends can be inferred. The consistent strength in the IT sector, which has been a darling of foreign investors, likely saw continued inflows. We estimate FIIs added approximately ₹10,000-12,000 crore to IT stocks this week, driven by strong global demand for technology services and India’s competitive edge. Similarly, the Infrastructure and Industrials sectors, beneficiaries of government spending and the ‘Make in India’ initiative, likely attracted significant FII capital, estimated at ₹7,000-9,000 crore. This is supported by the recent uptick in manufacturing PMI and positive corporate earnings in these segments. Conversely, while DII selling was broad, sectors that have seen substantial FII inflows in recent months, like FMCG, might have been areas where DIIs chose to lighten their load, potentially booking profits after extended rallies.

The Monday Setup: Three Scenarios for the Week Ahead

Scenario 1: FII Buying Resumes with Force (Bullish): If FIIs continue their aggressive accumulation, driven by positive global cues or strong domestic economic data, we could see the Nifty push towards the 25500 level. This scenario is supported by sustained inflows exceeding ₹5,000 crore daily. The market breadth would likely be strong, with significant gains in large-cap stocks.

Scenario 2: FIIs Consolidate, DIIs Maintain Selling (Neutral to Slightly Bearish): A pause in FII buying, with inflows dropping to below ₹2,000 crore per day, coupled with continued DII selling of ₹3,000-5,000 crore daily, could lead to a consolidation phase. The Nifty might trade in a range between 24700 and 25100. This would indicate a temporary respite for the bulls, allowing the market to digest recent gains.

Scenario 3: FII Reversal, DII Selling Intensifies (Bearish): A sharp reversal where FIIs turn net sellers, even for a single day with outflows exceeding ₹5,000 crore, combined with sustained DII selling pressure, could push the Nifty towards its crucial support at 24500. This scenario is less likely given the current week’s strong FII commitment, but global geopolitical events or unexpected domestic policy shifts could trigger such a move.

The Single Most Important Flow Level: ₹24,800 on the Nifty

The Nifty closing at 25030.35 after a week of massive FII inflows places significant psychological importance on the 24800 mark. This level represents the immediate support that FIIs effectively defended on Thursday, November 5th, when the index briefly dipped before the buying surge. A sustained hold above 24800 in the coming week would reaffirm FII conviction and suggest further upside potential towards 25500. Conversely, a decisive breach below 24800, especially on increased DII selling, would signal a potential short-term pullback, with the next significant support at 24500, a level that has historically acted as a strong floor. Watching the FII flow on Monday, November 9th, will be critical; if they continue to buy north of ₹5,000 crore, the 24800 level will likely hold firm.

Comparison to Last Week: Accelerating Bullish Momentum

Last week (ending October 31, 2026), FIIs were net buyers of approximately ₹12,500 crore, a substantial figure in itself. However, this week’s inflows of ₹35,809 crore represent an acceleration of nearly 186% compared to the previous week. This dramatic increase in FII buying intensity is the most significant takeaway. DII selling, while present last week, was less pronounced at around ₹5,000 crore. The fact that DIIs have ramped up their selling to ₹19,045 crore this week while FIIs have simultaneously increased their buying by such a large margin highlights a clear divergence and a potent bullish signal from foreign institutions. This week’s flow pattern is not a mere continuation; it is an escalation of FII bullishness, suggesting a strong conviction driving the current market rally.

Key Levels to Watch

Nifty Support: The immediate support level to watch is 24800. A break below this could test 24500. Sustained FII buying could keep the index above 25000, making 24700 an even stronger potential support.

Nifty Resistance: With the current bullish momentum, the Nifty could eye the 25250 mark. A decisive breach of this level, driven by continued FII inflows exceeding ₹7,000 crore, could propel it towards 25500.

Frequently Asked Questions

Q: What did FII buy or sell on November 5, 2026?
A: On November 5, 2026, FIIs were net buyers of ₹14,975 crore, while DIIs were net sellers of ₹10,445 crore.

Q: What did DII buy on November 2, 2026?
A: On November 2, 2026, DIIs were net sellers of ₹392 crore.

Q: Is FII buying or selling in November 2026?
A: FIIs have been strong net buyers in November 2026, with cumulative inflows of ₹35,809 crore for the week ending November 7, 2026.

Bottom Line

The institutional flow data for the week ending November 7, 2026, paints a clear picture of aggressive FII accumulation, underscoring a strong bullish conviction in the Indian equity market. The significant divergence with DIIs, who continued their selling spree, suggests a strategic rebalancing act rather than a broader market concern. The surge on Thursday, November 5th, with ₹14,975 crore in FII inflows, was a key driver, pushing the Nifty towards 25030.35. Investors should closely monitor the 24800 Nifty level as a critical support for the coming week, with continued FII buying expected to sustain the upward momentum.