Brent crude rose as much as 28.9 per cent to $119.5. West Texas Intermediate, the light, sweet crude oil produced in the US, was trading at $113.4 a barrel, up 24.7 per cent from Friday's close
Paint stocks slipped in FY26 Q3 as weak decorative demand, intense competition and rising crude oil prices outweighed hopes of a volume-led recovery
Aakash Shah, technical research analyst at Choice Equity Broking, is bullish on the shares of Indigo Paints, Paytm, and Navin Fluorine
The brokerage has reiterated its 'Buy' rating on the stock, with a revised target price of ₹1,450, valuing the company at 35x Dec'27E earnings.
At 12:26 PM, the BSE Sensex was up 0.21 per cent as compared to 0.22 per cent decline in the BSE Midcap index and 0.29 per cent fall in the BSE Smallcap index.