ITC hits 52-week high as Future Retail, Biocon slide to fresh lows in broad BSE rally
ITC touched Rs 327.70 as around 200 BSE stocks logged 52-week highs, with consumer names like Patanjali Foods, Vedant Fashions and PC Jeweller among gainers. Future Retail, Future Enterprises and Future Lifestyle Fashions slipped to fresh lows even as the Sensex held near 59,294 and Nifty at 17,678.
ITC hit a new 52-week high on BSE while Future Retail, Future Enterprises and Future Lifestyle Fashions slipped to fresh lows. Consumer names like Patanjali Foods, Vedant Fashions and PC Jeweller also touched highs amid a broader market rally.
Why this matters
ITC extends a run of 52-week highs seen across recent sessions, again at Rs 327.70, while Future Group retail names repeatedly slide to fresh lows, deepening the divergence within consumer-facing stocks.
Retail-company signals are accelerating, up +568300% QoQ.