ITC hits fresh 52-week high as retail rally lifts 200 BSE stocks; Future Retail slides to new low
ITC touched a 52-week high of Rs 327.70 in a broad market rally that pushed 200 BSE stocks to new highs, with Patanjali Foods, Vedant Fashions and Indian Hotels also peaking. Future group entities including Future Retail bucked the trend, sinking to fresh 52-week lows amid ongoing distress.
ITC hit a fresh 52-week high of Rs 327.70 amid a broad market rally; several retail/consumer stocks including Patanjali Foods, Vedant Fashions and Indian Hotels touched new highs, while Future Retail and Future group entities slid to 52-week lows.
Why this matters
ITC continues its high-making streak, repeatedly touching Rs 327.70 across recent sessions as Future Retail and peers like Biocon slide to new lows, underscoring a widening retail-sector divergence.
Retail-company signals accelerating, up +581800% QoQ.