ITC hits 52-week high among 200 BSE gainers; Future Retail slumps to fresh low
ITC touched a new 52-week high of Rs 327.70, joining around 200 BSE stocks at fresh highs including Patanjali Foods, Vedant Fashions and Indian Hotels. Meanwhile Future Retail and other Future group entities fell to new 52-week lows, with 32 BSE stocks hitting fresh bottoms. Sensex stood at 59,294 and Nifty at 17,678.30.
ITC hit a new 52-week high (Rs 327.70) amid 200 BSE stocks at fresh highs, including Patanjali Foods, Vedant Fashions and Indian Hotels; Future Retail and Future group entities slumped to fresh 52-week lows.
Why this matters
ITC's fresh high continues its run as Future group stocks repeatedly crash to new lows, echoing prior signals of ITC peaking while the Future Retail trio sinks in a broad market rally.
Retail-company signals are accelerating, up +449900% QoQ.