Crude oil prices, currently below $80 per barrel, impact around 40% of the raw material costs for paint companies as the cost of binders – a key input material – is linked to the prices of crude oil.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to