The US non-farm payroll numbers were in line with expectation but may not be enough for Fed to hike rates in June or September either, says Hans Goetti of Banque Internationale.
If David Cameron wins in the UK, then surely there could be a short-term bounce in that market, says Michael Every, Head of Markets Research, Asia-Pacific, Rabobank.
Gold had fallen USD 3.32 an ounce to USD 1,387.56 by 0012 GMT. It slipped to USD 1,362.55 on Friday, its weakest since August 22, before rallying more than 1 percent on weaker-than-expected US nonfarm payrolls.
Market experts advise investors, on CNBC-TV18, to hold positions till the market breaks out the trading range that it has entered on Monday and suggest bets on IndusInd Bank and Infosys.
Till the time we see a smoothening or softening currency markets the rest of the markets will continue to behave little volatile based on how the currency behaves, says Amisha Vora of Prabhudas Lilladher.
Mecklai graph of the day: The US Non farm payroll data scheduled to be released today has become a key watch factor for entire global markets. The numbers printed at this data point would decide the necessity for QE3.