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Paint stocks surge up to 6% as crude oil prices plunge

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Sun, Sep 15, 2024 06:31 AM

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This bullish rally in paint stocks followed a sharp decline in crude oil prices during Tuesday's ses

[Indian paint stocks surged today even as major indices traded in the negative due to weak global cues.]( This bullish rally in paint stocks followed a sharp decline in crude oil prices during Tuesday's session, driven by concerns over weak demand. Shares of Indigo Paints jumped 6 percent, reaching their highest level since late July. Asian Paints also climbed 3 percent, hitting an eight-month high. Berger Paints (India) saw its stock rise 2.6 percent to ₹591.80 per share, while Kansai Nerolac Paints and Akzo Nobel India experienced increases of 2.5 percent and 1.1 percent, respectively. [Read More](  [Unsubscribe](

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