A lack of initial -ve reaction towards China rate hike gives mkt some support today. China seems OK with the rate hike in AM with a +1% gains but turns for the worse in PM, to finish -2%. But the rest all quiet in PM, commodity remains steady after a strong start for the week. Europe -1%. HS and DJ yet to react to the news.Fkli moves in sideways pattern, 10-20, for the last 4 trading days, upbeat but fbm sluggish. Pullback risk if < 15 and lucky to stay above 10.
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