How will Nifty, Sensex behave on Monday? US Fed rate hike bets, among 4 factors to drive D-Street action

Synopsis Indian equities may remain volatile as rising crude prices, elevated global bond yields and renewed US rate-hike bets weigh on sentiment. However, strong FPI inflows, resilient GDP growth, better-than-expected earnings and rupee stability offer some support. The Indian stock market closed in the green on Friday, although Sensex and Nifty erased most of the intraday gains to close near intraday lows after the closing auction session (CAS). Sensex gained 363 points to close at 76,515 while Nifty 50 rose over 24 points to end the session below 23,898 on Friday. Broader markets closed mixed, with Nifty Midcap 100 slipping…