The Economic Times

IndiGo, Asian Paints, other crude-sensitive shares plunge up to 4% as oil soars back above $110

Crude-sensitive stocks including airlines, paint and tyre makers fell up to 4% as Brent crude surged above $110 amid escalating geopolitical tensions. Rising oil prices are expected to pressure margins and fuel costs, with analysts warning of potential impact on Indias macroeconomic indicators if elevated prices persist.