ITC hits 52-week high at Rs 327.70 as Future group stocks crash to fresh lows
ITC touched a new 52-week high of Rs 327.70 in a broad rally that saw 200 BSE stocks peak. Retail-linked Future Retail, Future Enterprises and Future Lifestyle Fashions slid to fresh 52-week lows, while Patanjali Foods and Vedant Fashions advanced amid Sensex at 59,294 and Nifty at 17,678.
ITC hit a new 52-week high of Rs 327.70 amid a broad market rally, while retail-linked Future group stocks (Future Retail, Future Enterprises, Future Lifestyle Fashions) slid to fresh 52-week lows; Patanjali Foods and Vedant Fashions also gained.
Why this matters
ITC's record high continues a recurring pattern where it peaks while the Future Retail trio sinks to new lows, echoing prior signals of the same divergence during broad market rallies.
Retail-company signals are accelerating, up +448900% QoQ.