Indian Shares Seen Flat To Higher At Open

Indian shares are seen opening flat to slightly higher on Monday, tracking mixed cues from global markets.

Investors will closely track crude oil price movements ahead of the announcement of fresh U.S. sanctions against Iran.

Volatility may prevail ahead of the expiry of derivative contracts scheduled for Tuesday.

Benchmark indexes Sensex and Nifty fell around half a percent each last week on concerns over elevated oil prices as the 60-day U.S.-Iran agreement expired without a lasting agreement and U.S. President Donald Trump said the U.S. naval blockade would remain in place until Iran is ready to make a deal.