The Indian stock market experienced broad-based gains last week, with the Sensex rising 505 points (0.65%) to close at 78,493.54 and the Nifty 50 also up 157 points (0.65%) at 24,353.55. This week, the focus will be on several critical factors that could dictate market movements. The Q4 earnings season kicks off with major companies like HDFC Bank and ICICI Bank set to announce their results, which are expected to drive stock-specific movements across sectors. Investor sentiment remains cautiously optimistic, influenced by the trajectory of US-Iran negotiations, as tensions have resurfaced, raising concerns over crude oil supply disruptions. Recently, Brent crude prices fell 7.57% to $91.87 per barrel, a significant drop that could provide a tailwind for equities. Additionally, foreign institutional investors have been selling off Indian debt, with outflows exceeding $1 billion in April, marking the sharpest monthly selloff since April 2025. Despite this, there are signs of recovery in gold and silver prices, indicating selective buying interest amid ongoing geopolitical uncertainty. Overall, the market outlook remains contingent on external conditions and investor reactions to earnings reports.