ITC hits 52-week high in broad rally; Future Retail, Biocon slide to fresh lows
ITC touched a fresh 52-week high of Rs 327.70 as the Sensex rose ~500 points to 59,294. Retail names Vedant Fashions, Patanjali Foods and Indian Hotels also hit new highs, while Future Group stocks—Future Retail, Future Enterprises and Future Lifestyle Fashions—slipped to 52-week lows among 32 BSE decliners.
ITC hit a fresh 52-week high of Rs 327.70 amid a broad market rally; retail names like Vedant Fashions, Patanjali Foods and Indian Hotels touched new highs, while Future Retail, Future Enterprises and Future Lifestyle Fashions slid to 52-week lows.
Why this matters
ITC extends its run of fresh 52-week highs at Rs 327.70, reinforcing a pattern seen across recent sessions, while Future Group stocks repeatedly slump to new lows in the same rallies.
Retail-company signals are accelerating, up +641000% QoQ.