Expect outperformance along with pain; if Nifty breaks 16,800 another attempt to bottom out likely: Gautam Shah

“What is discouraging and even scary is that 80% of the world equity markets are still in the bear market that started in October 21 and now we are near October 22 and so it has been one full year and the markets have been making a series of lower tops and lower bottoms but in that context, in India we are clearly better off and we have not done so badly. “

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