Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico,
Imposition of high tariffs on China, Mexico, and Canada by the US is expected to help Indian exporters in increasing their shipments to the American market, experts say. Photograph: Aly Song/Reuters They added that sectors which can be benefited include
‘Expect FPIs to continue selling for several months until the rupee stabilises.’ Foreign portfolio investors (FPIs) have sold over $10 billion (more than Rs 97,000 crore/Rs 970 billion) worth of Indian equities in the first six weeks of 2025
