Dalal Street in the grip of a disbelief rally as bulls party while bears sulk For now, the parties seem unending for the bulls as Diwali’s hesitant up-moves have morphed into a fully grown bull market that seems to be heading for a euphoric budget till February 2021. However, signs of froth are amply visible in some parts of the market. December 17, 2020 / 07:09 PM IST Indian stocks have climbed walls of worries and consistently closed at record highs all of December, much to the dismay of bears. For most traders and investors on side-lines, this has been a rampaging rally of disbelief as blue chip after blue chip and sector after sector outperforms even the most optimistic forecasts.