CEAT, SpiceJet, IndiGo slide up to 5% as Brent tops $126; crude-sensitive stocks under pressure
Crude-sensitive stocks such as CEAT, IndiGo and BPCL declined as Brent crude surged past $126 amid escalating US-Iran tensions. The spike in oil prices raised concerns over input costs and fuel expenses, pressuring sectors like tyres, aviation and OMCs.
Crude-sensitive stocks such as CEAT, IndiGo and BPCL declined as Brent crude surged past $126 amid escalating US-Iran tensions. The spike in oil prices raised concerns over input costs and fuel expenses, pressuring sectors like tyres, aviation and OMCs.
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