ITC hits 52-week high in broad rally as Future Retail, Biocon sink to fresh lows
ITC touched a 52-week high of Rs 327.70 amid a ~1% Sensex gain to 59,294, one of 200 BSE stocks at new highs. Retail-linked Future Group names — Future Retail, Future Enterprises and Future Lifestyle Fashions — slid to fresh 52-week lows, among 32 BSE stocks at new bottoms.
ITC hit a 52-week high (Rs 327.70) amid a broad market rally, while retail-linked names including Future Retail, Future Enterprises and Future Lifestyle Fashions slid to fresh 52-week lows on BSE and NSE.
Why this matters
Reinforces ITC's recurring 52-week highs against a struggling Future Group retail trio, echoing prior signals where ITC peaked as Future Retail and related names sank to fresh lows.
Retail-company signals are accelerating, up +769300% QoQ.