Shares of FMCG major ITC came under pressure on Thursday, October 8, falling more than 3% during intraday trading on the NSE following reports of likely block deals in the stock. The identities of the buyers and sellers involved in the reported transactions were not immediately known.
ITC shares opened lower at Rs 264 apiece on the NSE, compared with the previous close of Rs 265.70. The stock subsequently declined as much as 3.16% to Rs 257.30 during the session.