An employee looks at trading information on a computer screen. (Photographer: Simon Dawson/Bloomberg)
What a relief, said a lot of market men. The four-day rally of the last week certainly restored some confidence as the market raced ahead, seemingly completely shaking off the bearish grip that had taken the market in a hug over the last five weeks and more. It finally culminated on Monday with a Nifty dip below 17,000. Ideally one would have liked to see the index bounce on the same day, but the trend did not tarry too much and pic...