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Daily Market Strategy – Hike for govt staff proposed! No spike for Sensex, Nifty seen
The outlook however is a flat to weak start. Global cues are not supporting a further confident up move. The US indices ended flat in overnight and Asian markets are seeking direction this morning. European Central Bank's policy meet minutes indicate possibility of further stimulus. The S&P 500 closed 0.1% lower. The Dow was down 0.02% while Nasdaq ended 0.03% lower.