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The Sensex and Nifty edged higher on Monday, tracking gains in Asian markets. The Sensex rose over 100 points to regain 35,000 level while Nifty also reclaimed the 10,650 mark. ICICI Bank rose nearly 1 per cent ahead of its edata recovery software for pc downloadarfile recovery software suppliernings announcement. Geo-political risks, coupled with the ongoing quarterly results season and macro-economic data points, are expected to influence the trajectory of key Indian equity indices next week, analysts said. According to market observers, even the upcominfree data recovery softwareg state assembly election in Karnataka, along with crude oil price fluctuations as well as the direction of foreign fund flows and the rupee's movement against the US dollar will impact investors' risk-taking appetite"Two important events will drive the market sentiments during the next two weeks. First, is the outcome of the US-Iran nuclear deal and the other is the Karnataka elections, especially BJP's performance," said Devendra Nevgi, founder and principal partner, Delta Global Partners.Asian shares crept higher on Monday after a tame reading on US wages lowered the risk of faster rate hikes by the Federal Reserve, although China-US trade tensions and a looming deadline for the Iranian nuclear deal argued for caution. Oil prices hit their highest in more than three years as global supplies remained tight and the market awaited news from Washington on possible new US sanctions against Iran. President Donald Trump has set a May 12 deadline for Europeans to "fix" the deal with Iran over its nuclear program or he would refuse to extend US sanctions relief for the oil-producing Islamic Republic.

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