The Nifty50 and BSE Sensex rose 6 percent last week backed by positive global cues amid stimulus in China and European nations along with a roaring rally in banking and financials, breaking the three-week losing streak.

On Monday, the market will first react to Q4 FY20 Gross Domestic Product (GDP) data, the downward revision of data of the last three quarters, and the lockdown extension on June 1.

FII inflow was strong in the week gone by, with net buying at over Rs 8,000 crore including the Bharti Airtel stake sale deal.

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