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An early Diwali or a relief rally? Ajay Srivastava answers
“This is the kind of scenario which tells us that you have to stick with the big ticket winners in the market and expect that the share price crash laggards will catch up. But I think it is going to be a very flawed strategy in this market because typically the concept is it has fallen 40% and so I will get a 20% return. That strategy is now clearly getting out of the market.”