New Delhi, Jan. 3 -- One of the key highlights of the Indian stock market in 2025 was the stark contrast in the stance of FIIs (foreign institutional investors) and DIIs (domestic institutional investors) on Indian equities. While DII inflows into equities were at a record high, FII sell-offs of Indian equities also touched their highest level last year.

As brokerage firm Motilal Oswal Financial Services highlighted, DII equity inflows were the highest ever at $90 billion, while FIIs witnessed the highest ever equity outflows of nearly $19 billion in 2025.

"DII flows into equities were the highest ever at $90.1 billion in calendar year 2025 (CY25) versus inflows of $62.9 billion in CY24. With just one year of outflows since CY15, DIIs h...