We are in a bear market rally; they do not usually last: Deepak Shenoy
"I am not sure whether I should say that the worst is over and the best is ahead of us. We are sitting ahead of a potential Russian default in the international bond market. It already could not pay on Friday and going forward, they get a month to cure the default and there are two more bonds coming up at the end of June. In the face of that, it's a little premature to celebrate.”