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B-Day dilemma: Tackling the bulls & bears.

Asia Africa Intelligence Wire

| February 28, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Economic Times)

Byline: Puja Mehra

: Life is never easy on the Big Day for the man on the Street. Price movements, either way, tend to be sharp. Seeing live the sensex plummet by the minute, investors can never tell whether the fall is just an over-reaction or will spillover into the future, dragging the markets into an extended bear phase.

Likewise, a jump in the sensex makes many a hearts skip beats. Investors struggle with decisions like whether to book their profits immediately or be greedy and wait for fatter gains.

And a high-profile dream team being in the saddle in North Block won't make it any easier this time round, as it only adds to the expectations that are already running mighty high.

In the run-up to the Budget, the sensex raced past its …

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