Share Market Live: Sensex, Nifty At Record; ITC Shares Advance

Share Market Live: Sensex, Nifty At Record; ITC Shares Advance

Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. Shares of ITC Ltd. rose over 5% in intraday trade to Rs 261.85 apiece, higher than any close since November 7, 2019. Trading volume was triple the 20-day average for this time of the day. One-month implied volatility on the stock was 31%. The relative strength index on the stock was above 70, indicating it may be overbought. Of the 38 analysts tracking the company, 28 maintained 'buy', nine maintained 'hold' and one maintained 'sell' recommendations. The overall consensus price …
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