Stock market today, March 5 -- Shares of India Tourism Development Corporation (ITDC) witnessed strong buying during the early morning session on Wednesday. ITDC share price today opened upside at Rs.524.50 per share and touched an intraday high of Rs.589 apiece within a few minutes of the Opening Bell. According to stock market experts, ITDC shares are skyrocketing in early morning deals after the announcement of the board meeting to consider the proposal for asset monetisation of Ashoka Hotel.

On why ITDC share price is skyrocketing, Anshul Jain, Head of Research at Lakshmishree Investment and Securities, said, "ITDC share price is rising due to two major reasons: board meeting to consider and approve the proposal for asset monetisatio...