New Delhi, March 22 -- Shares of newly-listed ITC Hotels zoomed 11 per cent in the previous session to hit a fresh all-time record-high amid a bullish trend in the Indian stock market on positive global cues. ITC Hotels, the demerged entity of India's leading fast-moving consumer goods (FMCG) major ITC Ltd, has logged a fresh uptrend with sharp buying interest in its counter this month ahead of the upcoming summer holiday season.

Listed companies with businesses in hotels, hospitality, airlines, and railways are logging a sharp gain in their stock prices, driven by increased consumer demand in the summer and attractive deals over price points for investors. The improved outlook and volumes have driven ITC Hotel's shares higher in March....