Bulls Back the Right Horse ; the Initial Relief of Electing a Stable Government Rapidly Converts Into Great Expectations From the Upa Government. Can the Two the Market Rally and Big-Bang Reform Move in Tandem in the Days Ahead?

Summary

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Monday, May 17, 2004: The BSE Sensex ends the day down 11.13 per cent, after hitting the lower circuit limit twice in the day. The outcome of the General Elections has clearly caught market players by surprise; instead of the NDA government coming to power, the UPA will form the government, with plenty of help from the Left parties.

Monday, May 18, 2009: The BSE Sensex closes 17.33 per cent higher, with the index hitting upper circuit limits twice in the day. The UPA will form the new government without the support of the Left parties. That's beyond most investors' wildest dreams.

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Bulls Back the Right Horse ; the Initial Relief of Electing a Stable Government Rapidly Converts Into Great Expectations From the Upa Government. Can the Two the Market Rally and Big-Bang Reform Move in Tandem in the Days Ahead?

Bolts from the blue are welcome when they're positive ones. But the element of surprise is by nature momentary. So when the stock markets reacted to the sweeping victory of the Congress and its allies at...

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