Domestic equities started the week on a cautious note, with the Nifty gaining 13 points to close at 24,583, supported by stock-specific buying amid the ongoing Q1 earnings season. Analysts say market momentum is likely to remain constructive this week, with the final leg of the Q1 earnings season set to drive both stock-specific and broader market action. As earnings announcements taper off, investors are likely to focus on the sustainability of the earnings recovery and emerging sectoral trends. Developments around the US-Iran negotiations, crude oil prices and US inflation data will also remain key drivers of market direction and global risk appetite.STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded lower by 10.0 points, or 0.04 per cent, at 24,621.50, signaling that Dalal Street was headed for a muted start on Tuesday. Tech View: The 24,650 level remains a key resistance; a decisive move above this level might induce a sustained rally in the market. On the lower end, support is placed at 24,500, below which weakness might intensify. Until then, we expect range-bound and lacklustre movement.India VIX: India VIX, which is a measure of the fear in the markets, rose 0.8% to settle at 12.24 levels.Read Also: Ahead of Market: 10 things that will decide stock market action on TuesdayOil steadiesOil prices steadied on Tuesday at more than one-week highs ​amid fading hopes of a ​deal between the U.S. and Iran to end their war ​and reopen the Strait of Hormuz, after President Donald Trump demanded compensation for damage the U.S. has incurred.Gold rises Gold rose for a third straight session on ​Tuesday to hit ​a more than two-month high, while market participants ​focused on upcoming inflation data for signals on the U.S. interest-rate outlook.Stocks in F&O ban today1) Bandhan Bank2) SAILSecurities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.FII/DII actionForeign portfolio investors net bought shares worth Rs 1,974 crore on Monday. DIIs, meanwhile, were net sellers at Rs 1,290 crore.RupeeThe Indian rupee ended little changed on Monday, wedged between firmer oil prices and likely intervention by the central bank, which traders reckon has started to deter fresh short positions on the South Asian currency.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)