New Delhi, May 1 -- The Indian stock market will closely monitor developments in the Middle East, the earnings season, and April auto sales data in the coming week, as investors navigate persistent global and domestic headwinds, SBI Securities said in its weekly outlook.

"Any positive breakthrough in the Middle East could improve risk appetite and support equity markets," the brokerage noted, adding that there are no clear signs of de-escalation yet despite ongoing USThe -Iran negotiations. SBI Securities also flagged that over 250 companies are scheduled to announce results between May 1 and May 8, while April auto sales data will provide key insights into consumer demand and rural-urban momentum. On the political front, state election ...