ITC hits 52-week high as Sensex rallies; Future group stocks slump to fresh lows
ITC touched a fresh 52-week high of Rs 327.70 amid a ~1% Sensex gain to 59,294. Consumer and retail names including Patanjali Foods, Vedant Fashions and Indian Hotels also hit highs, while Future Retail, Future Enterprises and Future Lifestyle Fashions sank to new 52-week lows, underscoring the widening divide across retail-sector equities.
ITC hit a fresh 52-week high (Rs 327.70) as Sensex rose ~1%. Several retail/consumer names like Patanjali Foods, Vedant Fashions and Indian Hotels touched highs, while Future Retail, Future Enterprises and Future Lifestyle Fashions hit new 52-week lows.
Why this matters
ITC extends a run of 52-week highs seen across recent rallies, repeatedly diverging from Future group stocks like Future Retail and Future Enterprises, which keep sliding to fresh lows.
Retail-company signals are accelerating, up +568400% QoQ.