ITC, BASF, Avanti Feeds hit new high

ICICI Pru, Grasim Industries and Aditya Birla Nuvo from the S&P BSE 500 index hit new highs.

ITC, BASF, Avanti Feeds, ICICI Prudential Life Insurance, Grasim Industries and Aditya Birla Nuvo from the S&P BSE 500 index hitting their respective record highs on BSE in intra-day trade on Friday.

ITC has moved higher to its new high of Rs 324, up 4% on BSE on back of heavy volumes. Till 02:44 pm; a combined 19.21 million shares have changed hands, as compared to an average sub 10 million shares that were traded daily in past two weeks on BSE and NSE.

According analysts at Spark Capital the recently announced Goods & Service Tax (GST) rate on