Oil-sensitive stocks dip

Interglobe Aviation was down 2.71 per cent and Spicejet, down 3.95 per cent. Among the paint makers the losers included Asian Paints (-1.77 per cent) and Kansai Nerolac Paints (-1.25 per cent). Pidilite fell 1.37 per cent. Sanctum Wealth Management, in a note, said, 'Crude oil could spike higher in the short term... Wth a less hawkish administration in the White House, the likelihood of a dramatic Saudi retaliation looks unlikely. More likely, this was aimed at reducing the attractiveness of the Aramco IPO. The higher move in crude oil ironically benefits both Iran and Saudi.' ... DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chroniclehttps://www.advancedphotoshop.co.uk/user/reetasignaas

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