ITC hits 52-week high as 200 BSE stocks peak; Future Retail slumps to fresh low
ITC touched a new 52-week high of Rs 327.70, joining roughly 200 BSE stocks at highs including Patanjali Foods, Vedant Fashions and Indian Hotels. Meanwhile Future Retail and Future Lifestyle Fashions sank to fresh 52-week lows among 32 BSE decliners, underscoring a sharp divergence across retail-linked names.
ITC hit a new 52-week high of Rs 327.70 as 200 BSE stocks touched highs including Patanjali Foods, Vedant Fashions and Indian Hotels, while Future Retail and Future Lifestyle Fashions slumped to fresh 52-week lows.
Why this matters
ITC extends its 52-week high streak, echoing prior signals of a broad retail rally lifting ~200 BSE stocks, while Future Retail and Future Lifestyle repeatedly slide to new lows, deepening the sector split.
Retail-company signals are accelerating, up 585400% QoQ.