Economic TimesLean R·
Trump’s pain makes D-Street bulls gain! IndiGo, Asian Paints, other crude-sensitive stocks rally up to 8% as oil drops below $95
Shares of paint makers, airlines, tyre manufacturers and oil marketing companies (OMCs) rallied up to 8% on Thursday as oil prices plunged nearly 10%, falling below $100 per barrel after weeks. The decline came amid a major setback for US President Donald Trump, whose Republican Party lost control of both houses of Congress in the midterm elections.Brent crude futures slipped below the $95-per-barrel mark to trade under $94, while WTI crude futures fell below $87 on Thursday morning.The sharp d…
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