Helped partially by the loosening of purse strings by FIIs, the Sensex has rallied over 7,000 points from its 52-week low of sub-51,000 level in mid-June to 58,000 plus level. Nifty has also bounced around 2,000 points from its mid-summer low after rallying nearly 9 per cent in July.
Adani Green among 2 stock recommendations for Monday
Domestic equities ended flat on Friday as MPC matched market expectations, while supportive measures announced by the RBI Governor helped strengthen the rupee.