Back to the news

Markets

IndiGo jumps nearly 5%, Asian Paints gains 2% as aviation, tyre, oil marketing stocks rally amid crude...

Reported by: Moneycontrol ·

WhatsApp

InterGlobe AviationAsian Paints

Summary

Moneycontrol reported that IndiGo shares jumped nearly 5% and Asian Paints gained 2%, as stocks in aviation, tyres and oil marketing rallied. The report tied the moves to crude oil prices, but gave no figure for the crude price or for the wider index. Aviation and oil marketing companies use jet fuel and crude oil as key inputs, so their costs move with crude prices; tyre makers use crude-linked materials such as rubber and carbon black. A 5% move means the share gained ₹5 for every ₹100 of its earlier price. The headline names only these two companies and the sectors, so the size of the rally in the other stocks is not known from it.

AI summary of what Moneycontrol reported. AI can make mistakes. Read the full story on Moneycontrol

Learn: What is a share?

Sources

Every outlet that reported this story. Each link opens the outlet's own article.

What each outlet wrote

The same news, in each outlet's own headline. Open one to read their full story.

Moneycontrol  · via Google News · · Tone +3

IndiGo jumps nearly 5%, Asian Paints gains 2% as aviation, tyre, oil marketing stocks rally amid crude...

Some headlines quote an analyst. Those views are theirs, not ours.

Earlier coverage

What outlets reported about the same company before this story, newest first.

Ask Hypeless about this story

Ask what it means, what a term in it means, or what other outlets said. Answers use only these outlets' headlines.

Ask Hypeless