Ahead of Market: 10 things that will decide stock market action on Monday

Indian equities are expected to continue an uptrend as easing US-Iran tensions pushed crude oil below $90/barrel and lifted the rupee to 94.9/USD. The Nifty rose 2% to close at 23,622, Bank Nifty surged 3%, while Midcap100 and Smallcap100 gained 2.4% and 2.8% respectively, with Realty, Private Banks and PSB as top sectoral gainers. Technical analysts see bullish momentum holding above the 23,500-23,450 support zone, with a near-term target of 24,000 and 23,820 as the immediate hurdle.