Indian paintmakers rise as crude falls on hopes Iran war may end

JSW Dulux

10/03/2026 05:11

** Asian Paints ASPN.NS up 1.6%, Akzo Nobel India AKZO.NS rises ~2%, Berger Paints India BRGR.NS gains 1%, Kansai Nerolac Paints KANE.NS adds 0.2%

** Oil, a key raw material for paints, falls after hitting more than three-year high on Monday, as Donald Trump said Middle East war could end soon, easing concerns about prolonged disruptions to global oil supplies

** Crude down after seven straight sessions of rise

** Brent LCOc1 sheds 5.2% to $93.84/barrel

** YTD, KANE down ~21%, ASPN falls 18.4%, BRGR sheds 17.7%, AKZO slips 13.6%

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))