The Indian market continued its upward momentum with Sensex reaching over 58,100 and Nifty 50 surpassing 17,300 on Monday. FPIs emerged as net buyers coupled with falling crude oil prices lifted the uptrend in the market. Additionally, metal companies’ monthly auto sales and production data coupled with Q1FY23 earnings boosted optimism. Investors are also focused on the RBI’s monetary policy results expected later this week. Riding the bulls, investors’ wealth has skyrocketed almost 12.75 lakh crore in last four trading sessions on Dalal Street.
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