Bulls on parade on Dalal Street

India's market cap hit ₹400 lakh crore and Sensex reached 75,000, breaching psychological barriers. Notable are the ₹100 lakh crore added in value within a year, domestic investors driving small- and mid caps, and regulators flagging 'frothy' territory. Foreign portfolio investors turned net sellers in April, contrasting FPI caution with Indian investors' bullishness.
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