New Delhi, Dec. 21 -- Ticker is a weekly newsletter by Vijay L Bhambwani. Subscribe to Mint's newsletters to get them directly in your email inbox.

Dear reader,

Last week, I wrote that bulls would have to do some significant work to push markets higher. Read last week's piece here. That was because bulls appeared lethargic and cautious about enhancing their commitments. As the end of December approaches, the window of a 'Santa Claus' rally is fast closing. There is hope for bulls, as the statistical data suggests that markets can still rally.

As the festive season approaches, traded volumes will shrink along routine lines as participants are away for Christmas and the New Year. It becomes easier for smart money and large players to inf...