Moneycontrol
Oct 03, 2017 11:51 AM IST | Source: CNBC-TV18

We are in for interesting few days; key macro factor to monitor is crude: Udayan

In an interview to CNBC-TV18, Udayan Mukherjee shared his readings and outlook on the market and specific sectors.

In an interview to CNBC-TV18, Udayan Mukherjee shared his readings and outlook on the market and specific sectors.

We are in for an interesting few days; bulls will latch on to some of the floating positive straws like the auto numbers etc, bears will latch on to the rupee. There will be a bit of a tussle around 9,900-9,950 zone, said Mukherjee.

According to him, the key macro factor to monitor right now is crude.

Talking about monetary policy, he said the Reserve Bank of India (RBI) should pause this time and that should be the expectation.

Watch accompanying video for more details.

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