Paint stocks fall up to 2% amid four-day crude oil rally; Asian Paints top loser
Indian paint stocks, including Asian Paints, Berger Paints, and Shalimar Paints, traded lower in Wednesday’s session (January 14), reflecting weak broader market momentum as crude oil prices extended gains to a fourth consecutive session. Rising crude oil prices are a concern for India, which imports around 85% of its crude requirements. Sectors that rely on…