However, in a behaviour typical of the markets of buying on rumours and selling on news, the ITC stock that had hit a record high of ₹499.6 in the trading session on Monday eventually retreated 4%. The stock has gained over 40% year-to-date and the expectation of the demerger of its hotel business played a large role in this rally.
2 top stock recommendations from Aditya Arora
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it