A trader works at a desk in the offices of The Calcutta Stock Exchange. (Photographer: Brent Lewin/Bloomberg)
It is tough to do a review of the market trends when there are only three trading sessions. Especially when one of them had a deep gash owing to an opening gap. Monday started about even and our expectations from the last week—that there may be ranging action—were about to set in. But overseas triggers upset those plans as the market caved with a wide gap on Tuesday, blasting big holes into traders’ long portfolios. Wednesday was lef...