Today you can expect a delayed rally, even though the cut by RBI should give some fillip.
Note that there was like 8% overall rally in Index stocks on Friday!
Nifty should hover about 2% more till 2 PM, and after that can/should close slightly above.
Biotechnology, FMCG and IT stocks would be hot!
You can book profits on the Public Sector stocks.
You can check this site, for the Asian trend.