Paint makers climb as crude prices ease

8 Sep 2022 , 02:49 PM

Indigo Paints (up 1.86%), Asian Paints (up 1.59%), Shalimar Paints (up 0.90%), Berger Paints India (up 0.86%), Asahi Songwon Colors (up 0.24%) and Akzo Nobel India (up 0.08%) advanced. Meanwhile, the Nifty 50 index was up 154.80 points, or 0.88% at 17,779.20. In the commodities market, Brent crude for November 2022 settlement declined 2 cents or 0.02% to $87.98 a barrel. Lower crude oil decreases input costs for paint companies, which use crude derivatives as their raw material. Powered by Capital Market – Live News