NS Ramaswamy of Ventura Securities feels that the MCX crude May contract is a buy in the range of Rs 5125-5140 per barrel. He reckons that after witnessing a sharp fall of 14% from USD 110.53 per barrel witnessed on 1st March, the dollar NYMEX crude has tumbled close to USD 95 per barrel.
first published: May 14, 2012 09:21 am
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