The Indian stock market is expected to open lower on Monday, following a decline in benchmark indices, the Sensex and Nifty 50, which fell by 516.33 points (0.66%) and 150.50 points (0.62%) respectively on Friday. This drop was influenced by mixed global market cues, particularly escalating tensions between the US and Iran, which have led to a surge in crude oil prices. Brent crude futures rose by 3.43% to $104.76 per barrel, while US West Texas Intermediate increased by 3.68% to $98.93 per barrel. Asian markets showed mixed performance, with Japan's Nikkei 225 gaining 0.81% and South Korea's Kospi surging 3.67% to a record high. Investors are closely watching developments in the US-Iran peace talks, which have seen both sides rejecting proposals for resolution, as well as key economic indicators and corporate earnings reports expected this week. Vinod Nair, Head of Research at Geojit Investments, suggests that there are selective opportunities in mid and small-cap stocks, emphasizing a stock-specific approach focused on earnings quality until geopolitical clarity is achieved.