Southampton boss Mauricio Pochettino was delighted with their draw against Manchester City.
Dani Osvaldo cancelled out Sergio Aguero's opener for Manchester City for the 1-1 draw.
"It is a good point," Pellegrini said. "I don't feel like we lost two points.
"In all the other games away I felt like we deserved more but here this was the result that both teams deserved.
"I always say that if you don't play well and you can't win, then at least don't lose. We didn't play well but we got a point."
