RBI cuts repo rate ahead of Feb 3 policy review resulting in 216 points gains in Nifty

All stocks were in green when the market opened in the morning. The rate cut has been just a beginning. We can expect further rate cut and similar rallies in the stock market. Stick to Financials, auto and real estate.

Trade deficit during December fell sharply to USD 9 billion from USD 16.8 billion in November 2014. This is an icing on the cake. FIIs bought shares worth 1,738.24 crores. We can expect further momentum in the market. This will be the pre budget rally.

Yes bank can test new highs as the stock target was revised by Bank of America Merrill-Lynch raises Yes Bank Target Price to Rs. 1,050​. Currently trading around 813.