||Last week the NIFTY closed at 9198.30 registering a minor gain of 0.27% over previous week. The markets are approaching the earnings season which generally act as a trigger for the markets in the short term. The earnings will certainly show the demonetisation effect and as a result the markets might show a brief correction. This correction will be healthy for the markets and is required after the 1100 point rally that we saw from December 2016. This week the markets would continue to show script specific movement. The NIFTY is likely to continue its consolidation this week. Low risk taking investors should stay away from the markets as the earnings season brings in a lot of volatility. All the best!