IndiGo and Asian Paints Rise as Crude Slump Lifts Related Stocks
Shares of IndiGo, Asian Paints, Apollo Tyres and oil marketing companies rallied as Brent crude fell nearly 25% over 10 days. Global oil prices recovered modestly.
Shares of IndiGo, Asian Paints, Apollo Tyres and several oil marketing companies rallied on Wednesday, as a nearly 25 percent decline in Brent crude prices over the past 10 days boosted sentiment towards aviation, paint and tyre stocks. The gains came even as global oil prices recovered modestly fr…