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The positive sentiment at start may tempt investors to pick up beaten down counters. Stay extremely cautious as this could even be a dead cat bounce. Stick to quality fundamentals and rather do a staggered buying instead of simply rushing in. Most Asian markets are putting up a brave smile but China refuses to join the happiness and is trading in the red. Nikkei and KOSPI are well in the green and Dow futures are also up 2%.
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