India, May 14 -- The China stock market has tracked lower in two straight sessions, slipping almost 10 points or 0.3 percent along the way. The Shanghai Composite Index now sits just above the 3,145-point plateau although it may stop the bleeding on Wednesday.

The global forecast for the Asian markets is cautiously optimistic on hopeful signs for the outlook for interest rates. The European markets were mixed and flat and the U.S. bourses were up and the Asian markets are tipped to follow the latter lead.

The SCI finished slightly lower on Tuesday as losses from the financials and oil companies were offset by support from the property sector.

For the day, the index eased 2.25 points or 0.07 percent to finish at 3,145.77 after trading bet...