ITC leads 200 BSE stocks to 52-week highs; Future Retail sinks to fresh lows
Amid a broad market rally with Sensex at 59,294 and Nifty at 17,678.30, ITC touched a 52-week high of Rs 327.70 alongside Patanjali Foods, Vedant Fashions and PC Jeweller. In contrast, the Future group trio — Future Retail, Future Enterprises and Future Lifestyle Fashions — slid to fresh 52-week lows.
On BSE, 200 stocks hit 52-week highs including ITC, Patanjali Foods, Vedant Fashions and PC Jeweller, while Future Retail, Future Enterprises and Future Lifestyle Fashions slid to fresh 52-week lows amid a broader market rally.
Why this matters
ITC's fresh high extends a run flagged in prior signals where it repeatedly topped 52-week levels as the Future Group retail trio and Biocon sank to lows, reinforcing a widening divergence in retail names.
Retail-company signals are accelerating, up 730100% QoQ.