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The Economic Times

Markets / The Economic Times

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Asian Paints shares jump 4% on price hikes, crude oil easing; brokerages weigh in

Asian Paints' shares surged over 4% following a planned 6-8% price hike across its portfolio, starting April 10. This rise coincided with a temporary dip in oil prices below $100 per barrel, influenced by US President Trump's hints of a potential ceasefire with Iran. Despite initial optimism, oil prices rebounded as Iran denied talks and geopolitical tensions persisted.

24 Mar 2026 11:00 am