US jobs creation has been slow . Its lower than what the markets expected . We are again in the period where ‘ Bad News on US economy will be good news for the global equity markets ‘
Markets expect the Fed to go slow on US interest rate hike based on the latest job date that has come in . However we have to appreciate that this sentiment can change very quickly .
We have some important data coming in from China this week . As the expectations from China has been very low , even mildly positive date will be good enough for the markets.
One point of concern that may come back to spook the party is falling Oil prices .Also we have to keep a close eye on Fed .
Indian markets will follow the global sentiments and will gyrate based on that .
NIFTY may open strong . However these are all time high and it will be advisable for investors to look for profit taking opportunities .
As they say ‘ You cannot sell at the top and buy at the bottom ‘ . So like systematic investment , a system of regular partial profit booking will help !