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atharv shivankar Rally may continue till RBI policy day: Baliga The bounceback in Indian shares has taken a lot of market watchers by surprise and market analyst Ambareesh Baliga says the market may be headed further higher. The bounceback in Indian shares has taken a lot of market watchers by surprise and market analyst Ambareesh Baliga says the market may be headed further higher. "The Nifty could touch 8,000 before the RBI monetary policy scheduled in early April," he told CNBC-TV18. Baliga, however, added that a 25 basis point rally was discounted and that the market could actually correct 200-300 points if it comes through. "Only a 50 basis point cut will be able to support the market," he said. The analyst maintained that with fourth quarter earnings expected to be mute as they start rolling in early next month, stocks and sectors that surprise positively may witness an upmove. In the interview with CNBC-TV18, Baliga also discussed a number of stock and se...