{"id":27343,"date":"2026-06-08T16:28:37","date_gmt":"2026-06-08T10:58:37","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=27343"},"modified":"2026-06-08T16:28:37","modified_gmt":"2026-06-08T10:58:37","slug":"why-bpcl-asian-paints-and-eternal-stocks-fell","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/why-bpcl-asian-paints-and-eternal-stocks-fell\/","title":{"rendered":"Why BPCL, Asian Paints and Eternal Stocks Fell as Brent Crude Nears $100"},"content":{"rendered":"

Eternal Stocks Fell , A fresh spike in global crude oil prices rattled several Indian stocks on Monday, with oil marketing companies, paint manufacturers and food delivery firms coming under pressure.<\/p>\n

The selloff was triggered after Brent crude surged nearly 4% to around $97 per barrel following a sharp escalation in tensions between Iran and Israel. The move reignited concerns about global energy supplies and rising input costs for businesses heavily dependent on crude-linked products.<\/p>\n

For investors, the latest development raises an important question: Could higher oil prices become the next major headwind for corporate earnings and market sentiment?<\/p>\n

Crude-sensitive stocks decline as oil prices surge, Eternal Stocks Fell<\/h2>\n

Shares of several crude-sensitive stocks traded lower as investors reacted to the jump in Brent crude prices.<\/p>\n

Among oil marketing companies, HPCL fell 1.68% to \u20b9378.60, while BPCL declined 1.83% to \u20b9289.60.<\/p>\n

Paint stocks also witnessed selling pressure. Asian Paints slipped 0.81% to \u20b92,663.30, while Berger Paints fell 0.97% to \u20b9485.40.<\/p>\n

Eternal, formerly known as Zomato, dropped 1.64% to \u20b9252.30 as concerns emerged that higher fuel costs could impact delivery economics and operating margins.<\/p>\n

The weakness reflected broader market worries that rising crude oil prices could increase costs across multiple sectors.<\/p>\n

Iran-Israel conflict pushes Brent crude toward $100<\/h2>\n

The rally in oil prices followed reports that Iran launched missiles at Israel after Israeli strikes on Beirut.<\/p>\n

The latest military escalation reduced hopes of a quick resolution to the Middle East conflict and raised fears of potential disruptions to global oil supplies.<\/p>\n

As a result, Brent crude climbed close to the psychologically important $100-per-barrel level, a development closely watched by global investors and policymakers.<\/p>\n

Higher crude prices typically increase inflationary pressures and can weigh on energy-importing economies such as India.<\/p>\n

\"Crude
Crude prices surge amid Middle East tensions<\/figcaption><\/figure>\n

Read More<\/span> : Rupee at a Turning Point as Goldman Sachs Backs RBI\u2019s $50 Billion Inflow Strategy<\/a><\/p>\n

Why oil marketing companies are under pressure<\/h2>\n

Oil marketing companies are among the most sensitive stocks when crude prices rise sharply.<\/p>\n

Companies such as BPCL and HPCL face concerns over inventory costs, fuel pricing dynamics and potential pressure on marketing margins.<\/p>\n

While the long-term impact depends on government policy and retail fuel pricing decisions, investors often react cautiously whenever oil prices witness a sudden spike.<\/p>\n

The sharp movement in Brent crude therefore triggered profit-booking in OMC stocks.<\/p>\n

Paint companies face raw material cost concerns<\/h2>\n

Paint manufacturers are another sector closely linked to crude oil movements.<\/p>\n

A significant portion of paint industry raw materials is derived from petroleum-based products. When crude prices rise, input costs tend to increase, potentially affecting profitability.<\/p>\n

This explains why stocks such as Asian Paints and Berger Paints came under pressure despite no company-specific developments.<\/p>\n

Investors are closely monitoring whether the latest rise in oil prices remains temporary or develops into a sustained trend.<\/p>\n

Eternal falls as investors assess delivery cost impact<\/h2>\n

Eternal also witnessed selling pressure as higher fuel prices could impact logistics and delivery expenses.<\/p>\n

Food delivery businesses rely heavily on transportation networks, making fuel costs an important factor in profitability.<\/p>\n

Although the immediate impact may be limited, investors remain cautious whenever oil prices rise sharply because it can affect margins across the delivery ecosystem.<\/p>\n

How Different Sectors Are Impacted<\/h3>\n
Higher crude oil costs directly squeeze the profitability of companies relying heavily on petroleum or transport.<\/div>\n
<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Sector \/ Stock<\/th>\nPrice (Rs)<\/th>\nChange (%)<\/th>\nCore Risk Factor<\/th>\n

<\/tr>\n

Oil Marketing<\/strong><\/td>\n<\/td>\n<\/td>\n<\/td>\n

<\/tr>\n

HPCL<\/td>\n372.20
\n<\/td>\n		-3.34%<\/td>\nHigher raw procurement costs reduce refining margins.<\/td>\n

<\/tr>\n

BPCL<\/a><\/td>\n285.15
\n<\/td>\n		-3.34%<\/td>\nRising import bills hurt retail distribution margins.<\/td>\n

<\/tr>\n

Paints & Coatings<\/strong><\/td>\n<\/td>\n<\/td>\n<\/td>\n

<\/tr>\n

Asian Paints<\/a><\/td>\n2,659.20
\n<\/td>\n		-1.02%<\/td>\nCrude derivatives are key raw materials for paint.<\/td>\n

<\/tr>\n

Berger Paints<\/a><\/td>\n491.90
\n<\/td>\n		+0.34%<\/td>\nInput cost inflation directly lowers gross margins.<\/td>\n

<\/tr>\n

Logistics & Delivery<\/strong><\/td>\n<\/td>\n<\/td>\n<\/td>\n

<\/tr>\n

Eternal<\/a> (Zomato)<\/td>\n248.30
\n<\/td>\n		-3.20%<\/td>\nSurging fuel prices distort last-mile delivery economics.<\/td>\n

<\/tr>\n<\/tbody>\n<\/table>\n

<\/div>\n

<\/div>\n
Evaluate Your Portfolio Exposure<\/div>\n
    \n
  1. Assess Raw Material Dependency<\/strong>: Review if your holdings rely heavily on oil derivatives (e.g., plastics, chemicals, paints, tyres).<\/span><\/li>\n
  2. Review Fleet and Delivery Costs<\/strong>: Look for logistics or e-commerce companies with unhedged fuel expenses.<\/span><\/li>\n
  3. Monitor the Strait of Hormuz<\/strong>: Watch for official announcements regarding maritime fees, as higher freight rates trigger broader market inflation.<\/span><\/li>\n

    <\/ol>\n

    Why Crude at $97 Matters<\/h2>\n

    Why Investors Are Worried<\/h4>\n

    Brent crude’s surge above $97 per barrel<\/strong> is a major concern for India because the country imports more than 80% of its crude oil requirements<\/strong>. When oil prices rise sharply, India’s import bill increases, putting pressure on the trade deficit, the rupee, inflation, and corporate earnings. Recent gains in crude have been driven by renewed tensions between Iran and Israel, raising fears of disruptions to Middle East energy supplies and shipping routes.<\/p>\n

    Impact on the Indian Economy<\/h3>\n

    Pressure on the Rupee<\/h4>\n

    Higher oil imports require more dollar purchases by Indian refiners, increasing demand for the US dollar and potentially weakening the rupee. A weaker rupee further raises the cost of imports, creating a negative cycle for the economy.<\/p>\n

    Rising Inflation Risks<\/h4>\n

    Fuel costs influence transportation, manufacturing, logistics, and consumer goods prices. Sustained crude prices near $100 could push inflation higher and complicate the Reserve Bank of India’s efforts to maintain price stability.<\/p>\n

    Wider Trade Deficit<\/h4>\n

    India’s oil import bill rises significantly when crude prices climb. A prolonged period of elevated prices can widen the current account deficit and increase external financing requirements.<\/p>\n

    Sectors Most at Risk<\/h3>\n
    \n
    \n\n\n\n\n\n\n\n\n\n\n
    Sector<\/th>\nImpact of Higher Crude Prices<\/th>\n<\/tr>\n<\/thead>\n
    Oil Marketing Companies (BPCL, HPCL, IOC)<\/td>\nMargin pressure if fuel price hikes cannot be fully passed on<\/td>\n<\/tr>\n
    Paint Companies (Asian Paints, Berger Paints)<\/td>\nHigher raw material costs as many inputs are crude derivatives<\/td>\n<\/tr>\n
    Aviation<\/td>\nIncreased aviation turbine fuel (ATF) expenses<\/td>\n<\/tr>\n
    Logistics & Transportation<\/td>\nRising operating and freight costs<\/td>\n<\/tr>\n
    Food Delivery & E-commerce<\/td>\nHigher delivery and last-mile transportation costs<\/td>\n<\/tr>\n
    Chemicals & Plastics<\/td>\nIncreased feedstock and production expenses<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

    The Strait of Hormuz Factor<\/h3>\n

    A major reason markets are nervous is the Strait of Hormuz<\/strong>, through which roughly 20% of global oil supplies<\/strong> pass. Any disruption, restrictions, or additional transit costs could tighten global supplies and push crude prices even higher. Recent comments from Iranian officials suggesting new conditions for passage have added to market uncertainty.<\/p>\n

    Strait of Hormuz remains in focus<\/h2>\n

    Investor attention is also shifting toward the Strait of Hormuz, one of the world’s most important oil shipping routes.<\/p>\n

    Iran’s ambassador to Moscow suggested that the waterway could remain open but may operate under revised conditions determined by Iranian and Omani authorities.<\/p>\n

    The Strait of Hormuz handles roughly one-fifth of global oil supplies, making it a critical route for international energy trade.<\/p>\n

    Any disruption, restriction or increase in transit costs could push crude oil prices even higher and create fresh volatility in global financial markets.<\/p>\n

    What impact could this have on investors?<\/h2>\n

    If Brent crude remains near $100 per barrel, investors could see continued pressure on crude-sensitive sectors.<\/p>\n

    Oil marketing companies, paint manufacturers, aviation firms, logistics operators and consumer-facing businesses may face margin challenges due to rising costs.<\/p>\n

    At the same time, upstream energy companies and oil producers could benefit from higher crude realizations.<\/p>\n

    For Indian markets, sustained high oil prices may also impact inflation, the trade deficit and overall market sentiment.<\/p>\n

    With geopolitical tensions showing few signs of easing, investors will be watching crude oil prices closely in the coming days as they assess the next move for BPCL, Asian Paints, Eternal and other crude-sensitive stocks.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Eternal Stocks Fell , A fresh spike in global crude oil prices rattled several Indian stocks on Monday, with oil marketing companies, paint manufacturers and food delivery firms coming under pressure. The selloff was triggered after Brent crude surged nearly 4% to around $97 per barrel following a sharp escalation in tensions between Iran and […]<\/p>\n","protected":false},"author":4,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1331],"class_list":["post-27343","post","type-post","status-publish","format-standard","has-post-thumbnail","category-stock-market-news"]," _eael_post_view_count":0,"authors":[{"term_id":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"first_name":"Sourabh","last_name":"Sharma","user_url":"https:\/\/www.niftytrader.in\/content","author_category":"1","description":"

    Sourabh loves writing about finance and market news. He has a good understanding of IPOs and enjoys covering the latest updates from the stock market. His goal is to share useful and easy-to-read news that helps readers stay informed.<\/p>"}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/27343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=27343"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/27343\/revisions"}],"predecessor-version":[{"id":27351,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/27343\/revisions\/27351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/27349"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=27343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=27343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=27343"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=27343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}