Asian Paints shares surge 6% on Birla Opus CEO resignation, market share gains, and crude oil price drop.

Asian Paints shares surge 6% due to Birla Opus CEO's resignation, market share gains, and falling crude oil prices. The company is set to gain higher weightage in the MSCI Standard Index, potentially resulting in foreign inflows worth USD 95 million. Nomura has also upgraded the stock to "Buy" from "Neutral" and raised the target price to Rs 3,100, signaling a 25% upside from Tuesday's closing price.