ITC hits 52-week high as Future Retail, Future Enterprises slide to fresh lows in broad rally
ITC touched a new 52-week high of Rs 327.70 amid a market rally that saw 200 BSE stocks hit highs. Future Group names—Future Retail, Future Enterprises and Future Lifestyle Fashions—slumped to 52-week lows, while consumer plays like Patanjali Foods and Vedant Fashions gained. Sensex closed at 59,294; Nifty at 17,678.30.
ITC hit a new 52-week high of Rs 327.70 amid a broad market rally, while Future Retail, Future Enterprises and Future Lifestyle Fashions slid to fresh 52-week lows alongside consumer names like Patanjali Foods and Vedant Fashions gaining.
Why this matters
ITC extends a run of 52-week highs, repeatedly diverging from struggling Future Group retail names. Prior signals flagged the same split, with Rs 327.70 marking a fresh peak against Future Retail's slide to lows.
Retail-company signals accelerating, up 567700% QoQ.