The FII DII data 28 October 2026 shows both sides on the buy side: foreign institutional investors (FIIs) bought a net ₹872 crore and domestic institutional investors (DIIs) added ₹643 crore in the NSE cash market. It was the second straight day of FII buying, yet the Nifty 50 still slipped 0.22% to 22,698.85 as IT and energy stocks fell and traders waited for the US Fed.

In this article

• FII DII Data 28 October 2026: The Numbers
• Why the FII DII Data 28 October 2026 Matters
• How Nifty and Sectors Reacted
• The Fed Hold and Foreign Flows
• Trader Checklist for 29 October
• FAQs
• The Bottom Line

FII DII Data 28 October 2026: The Numbers

The provisional figures below come from the NSE cash segment, released after market close on Wednesday, 28 October 2026. Gross purchase is everything an investor group bought, gross sales is everything it sold, and the net figure is the difference. You can compare them with recent sessions on our FII DII data today page.

Both groups bought, but the amounts were small next to the gross turnover. That detail matters more than the headline, and the next section shows why.

Why the FII DII Data 28 October 2026 Matters

FIIs bought ₹4,240 crore on 27 October and another ₹872 crore on 28 October. In the NSE data for October 2026, this is the first time they have been net buyers on two trading days back to back. We covered the first of those days in our 27 October flow report.

The change in tone is visible when the month is split in two. In the first ten sessions (1 to 15 October), FIIs sold a net ₹49,935 crore. In the eight sessions from 16 to 28 October, they were net buyers of about ₹2,118 crore. The heavy selling has paused, but it has not reversed.

Reading the FII DII data 28 October 2026 by turnover

A simple way to judge a flow day is to divide net buying by total turnover (gross buy plus gross sell). Here is the worked example:

• FII turnover on 28 Oct: ₹16,834.50 + ₹15,962.70 = ₹32,797.20 crore.
• FII net as a share of turnover: ₹871.80 ÷ ₹32,797.20 = 2.66%.
• On 27 Oct, the same ratio was ₹4,240.39 ÷ ₹44,794.91 = 9.47%.
• DII net on 28 Oct: ₹643.40 ÷ ₹33,838.50 = 1.90%.

So FIIs kept buying, but with far less conviction than the day before. A ratio under about 3% usually means buyers and sellers were close to balanced. The table below puts the last six sessions in context.

For the full month-by-month record, see our FII DII monthly data. The flows were positive, so why did the index fall? The answer sits in the sector moves.

How Nifty and Sectors Reacted on 28 October

The Nifty 50 closed at 22,698.85, down 50.90 points (0.22%), and the Sensex ended at 73,246.03, down 352.64 points (0.48%). Bank Nifty bucked the trend and rose 0.54% to 54,267.40. Broader markets did better than the headline indices: the Nifty Midcap 100 gained 0.43% and the Nifty Smallcap 100 rose 0.90%.

• Losers: Nifty Oil & Gas fell 2.27% and Nifty IT fell 1.98%. Infosys dropped 3.43% and Reliance Industries 3.19%.
• Gainers: Nifty Auto rose 1.45%. Apollo Hospitals gained 4.43% and Larsen & Toubro 3.72%.
• Crude: Brent January futures traded near $110.71 a barrel at about 3:35 PM IST after an attack on a Saudi refinery.
• New listing: Jio Platforms listed at a 21.4% premium to its ₹1,119 issue price.

Heavyweights such as Reliance and Infosys pulled the index down even as money flowed into banks, autos and smaller stocks. The next driver arrived after the closing bell.

The Fed Hold and What It Means for Foreign Flows

On 28 October, the US Federal Reserve kept its policy rate in the 3.75% to 4% range. The vote was 10 to 2, and both dissenters, Lisa Cook and Beth Hammack, wanted a 0.25 percentage point hike. The statement said inflation is still too high for comfort. This came after a 25 basis point hike in September, according to Fox Business.

Timing matters here. The decision came at 2 PM US Eastern time, which was 11:30 PM IST, well after Indian markets shut. The 28 October flows therefore reflect positioning before the decision, not a reaction to it.

For foreign investors, a pause removes one immediate source of pressure. Two dissents in favour of a hike, though, keep the risk of tighter US policy open for December. Higher US rates tend to lift US bond yields and the dollar, which makes Indian equities less attractive to foreign funds. Watch how the rupee and FII index futures positions respond on 29 October. Our FII long short ratio guide explains how to read that positioning.

Trader Checklist for the 29 October Session

Use these five checks before acting on a single day of flows:

1. Net vs turnover: treat FII net buying below about 3% of turnover as neutral, not bullish.
2. Three-day streak: a third straight FII buying day on 29 Oct would be a stronger signal than two.
3. Index futures: check FII long and short positions in the participant-wise open interest data and the FII options activity tracker.
4. Brent and rupee: crude above $110 hurts oil marketers and the rupee, which can restart foreign selling.
5. Levels and risk: note where Nifty trades against 22,700 and set a stop-loss before you enter.

Common mistakes when reading daily flows

• Treating provisional NSE numbers as final. NSDL publishes final FPI data on the next working day, and the two can differ.
• Ignoring the month-to-date picture. Two buying days do not cancel ₹47,817 crore of October selling.
• Reading cash flows without derivatives data. FIIs can buy shares while holding large short positions in index futures.

Upcoming index changes can also move foreign money; see our note on MSCI rebalancing in November 2026. The questions below cover what readers ask most often.

FAQs

The Bottom Line

Two straight days of FII buying is the most encouraging foreign flow signal of October so far. The size of the 28 October purchase was small, though, and FIIs remain heavy net sellers for October while DIIs continue to carry the market.

The Fed pause buys some time, but crude near $110 and the chance of a December US hike keep the risks clear. As a next step, check the 29 October numbers on our FII and DII data home page and see whether FIIs extend the streak to three days.

Sources: 5paisa FII DII data, Kotak Neo FII DII data, Kotak Neo market close, 28 Oct 2026, Liquide market wrap, Trendlyne (Jio Platforms listing), Federal Reserve FOMC statement, Fox Business.

Disclaimer: This article is for educational purposes only and is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.