Prior to this, overseas investors had infused a net amount of Rs 16,093 crore in April, Rs 45,981 crore in March and Rs 11,182 crore in February in the capital markets (both equity and debt).Prior to this, overseas investors had infused a net amount of Rs 16,093 crore in April, Rs 45,981 crore in March and Rs 11,182 crore in February in the capital markets (both equity and debt).

Apart from political developments, crucial data points about the country's 'fiscal deficit', 'index of eight core industries' and the Q1 GDP growth rate will be keenly watched by the market participants.

Expectations have ranged from doubling exports to vastly improving agriculture to getting India into the Southeast Asia supply chain where global companies are exiting China and looking for new homes to locate their manufacturing. The government itself appears to have a 100-day plan.

Indian benchmark indices BSE Sensex and NSE's Nifty 50 are set for a tepid start on Monday amid muted sentiment in global markets and as investors turned their focus to new government’s fiscal support plan and key economic data due to be released this week. Moreover, the Reserve Bank of India (RBI) has announced that it will inject Rs 15,000 crore into the financial system in June through purchase of government bonds in order to support the evolving liquidity situation. In global markets, Asian stocks traded marginally higher but gains were limited by concerns that the China-US trade conflict was fast turning into a technology cold war between the world’s two largest economies. At 7.07 am, the SGX Nifty traded 32.50 points, or 0.27 percent, lower at 11,845, indicated a negative start for the Sensex and the Nifty 50.