Paytm shares rally 5% as doomsday call attracts dip buyers. Is the worst over?

Paytm's freefall in shares seems to have found a bottom after 3 days of selling that eroded investor wealth. Bernstein screamed buy the dip and the stock rallied 5% today. Regulatory action will impact investors' assessment of the business model risk and management's ability to handle regulatory risk. Market analyst Sanjiv Bhasin is waiting for more clarity on the Paytm fiasco.
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