Crude provided trigger for short covering today: Udayan

The news on crude collapsing led to hopes of a pullback for a market, which was looking deeply oversold and crude provided the trigger for the short covering today, said Udayan Mukherjee, managing editor, CNBC-TV18.

May 07, 2011 / 17:10 IST
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The news on crude collapsing led to hopes of a pullback for a market, which was looking deeply oversold. Crude provided the trigger for the short covering today, said Udayan Mukherjee, managing editor, CNBC-TV18.

Here is a verbatim transcript of Udayan Mukherjee
first published: May 6, 2011 10:12 pm

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