CAC-40 Looks Beyond Taper-driven Fed And Debt Laden Evergrande

French benchmark CAC-40 of Euronext Exchange rallied smartly from Monday's levels and chose to look beyond the twin international tremors of tapering in U.S and corporate debt default in China. The smart debut of Universal Music Group, that was the most anticipated European IPO of the year added to the sentiment. Market mood was influenced positively by the publication of OECD's September report.