Asian Paints, IndiGo Rise Up to 4% as Crude Oil Falls
Asian Paints, IndiGo and tyre stocks gained up to 4% as lower crude prices lifted sentiment toward sectors exposed to oil-linked costs. Brent steadied near $105 a barrel.
Shares of Asian Paints, IndiGo and several tyre manufacturers rallied up to 4 percent on Tuesday, as a sharp decline in global crude oil prices lifted sentiment towards sectors that stand to benefit from lower oil and petroleum-linked input costs. Brent crude steadied near $105 a barrel after plung…